Close the door, we don’t want anyone to move to Tucson drinking our water, using our electricity, driving on our roads, eating at our favorite restaurants, and breathing our air.
This is the mentality of a group of Tucsonans that don’t embrace change or economic progress. Put ten people in a room with ten dollars each and pass to the person on the right a dollar. Keep doing this over and over and you will find that each time a dollar goes around, it is worth less each time it passes.
Service-oriented economies behave like this. No new money is introduced to the table. Expenditures of haircuts, nails, toes, etc. dilute the value of the money on the table.
Manufacturing, mining, research by the University, and tourism bring in new money, money that wasn’t here before.
Businesses operate with labor, material, profit and overhead. Overhead pays for the cost to do business, profit is what grows the money pool to play the game at the table.
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Ed LeGendre
East side
Disclaimer: As submitted to the Arizona Daily Star.
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