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Sponsored by: OTELCO
Gov. Janet Mills last week proposed a $111 million bond package she says is necessary in order for Maine's economy to recover and grow. Among components of the "Back to Work" program are investments in broadband access, workforce development, innovation in Maine's "heritage" industries, and expanded child care services.
While the bond package has received support from business advocates such as the Maine State Chamber of Commerce, some say Mills' plan doesn't go far enough. For example, changes in tax laws are needed to create a level playing field for small businesses and to help low-income Mainers, according to the Maine Center for Economic Policy and the Maine People's Alliance.
Sponsored by: OTELCO
Gov. Janet Mills last week proposed a $111 million bond package she says is necessary in order for Maine's economy to recover and grow. Among components of the "Back to Work" program are investments in broadband access, workforce development, innovation in Maine's "heritage" industries, and expanded child care services.
While the bond package has received support from business advocates such as the Maine State Chamber of Commerce, some say Mills' plan doesn't go far enough. For example, changes in tax laws are needed to create a level playing field for small businesses and to help low-income Mainers, according to the Maine Center for Economic Policy and the Maine People's Alliance.
This all sounds good on paper but the reality is, its new debt service. This bond package does nothing to address the fact that Maine is not a business friendly state. High taxes, high energy costs and a complicated regulatory environment. We need a solution that is long term and energizes the free market, not more spending.
I always vote against Bond Issues. The four comments today totally reflect my reasoning for that decision..
The pandemic has proven the value of and need for broadband in both efficiency & the delivery of healthcare. We simply need more of it to go "the last mile" at a competitive speed. Workforce training also is essential as we replenish an aging workforce in an ever-evolving world of technology. Even if we kept every high school grad in Maine, we'd still not have enough people to replace our retiring workforce. Heritage industries have both untapped and up-marketing potential in our forests, fields and ocean. And finally, we need to free our eligible workforce to earn a living while still raising a family to replenish our population. All this supports the growth of a robust economy at a time that Maine needs it most.
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We would have had this money in a reserve if Mills hadn't spent every dime she could get her hands on in her first 3 months in office.