From another discussion found at http://lakewoodobserver.com/forum/viewt ... f=7&t=2221, Lori Allen writes:
Summers talks about new businesses and jobs in Lakewood. How can you compare the wages of a clerk or bartender to hospitals professionals? Summers says that keeping the hospital open will cost taxpayers money. Actually, I think it is the other way around. I invite him to come on the deck and explain to all of us how he plans on making up the revenue we will loose from the loss of the payroll taxes from 1500 hospital jobs."
Lori,
Don’t hold your breath for an explanation here but publicly Summers has said that the money he’s been squirreling away, the anticipated windfall from the recent property assessments and small businesses adding a few jobs at a time, over time will sustain us. That may be true in the short term but once the economic impact of losing 1000+ good paying jobs catches up with us a few years down the road, we are likely to run into BIG trouble. Residents and businesses will see it and feel it, home values will reflect it and it could be all downhill from there.
While Summers insists that we must accept a long term solution for healthcare delivery, he is shortsighted on his economic solution. So far the only ones I have heard are small business infrastructure and housing. I am afraid it is NOT going to be enough.
