Robert Whitcomb's Digital Diary: Innovation Campuses; Pushing Against Panhandling

Robert Whitcomb, Columnist

Robert Whitcomb's Digital Diary: Innovation Campuses; Pushing Against Panhandling

Bob Whitcomb
Two-city innovation campuses; pushing against panhandling; bravo Trump and Taiwan; Palin’s conservative critique

 

Good news for Newport: City officials are working with other authorities to rearrange bizarrely designed highway overpasses to free up land in the north side of the city that could be developed for high-tech or other business.  This recalls, of course,  the acreage freed up in downtown Providence by moving Route 195. Indeed, the developing Newport ambitions might turn into competition with Providence for a $20 million state grant to create an “Innovation Campus’’ of the sort sometimes envisioned for the 195 land.

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The voter-approved Question 4 on the Nov. 8 Rhode Island ballot authorizes $20 million for a “Innovation Campus’’ program. The idea is to boost academic- and commercial-sector partnerships to do job-creating research in the Ocean State.

 

There is enough critical mass in public and private institutions in Providence and Newport for both to have “innovation campuses.’’

 

Where to innovate?
Providence, of course, has such institutions as  big hospitals, Brown, RISD and nearby Bryant and is quite close to Boston. Newport has the big naval complex and some major high-tech companies as well as growing Salve Regina University. The U.S. Naval War College and the intellectual community in and around it may be Aquidneck Island’s greatest strength. That Aquidneck Island in general and Newport in particular have long and close ties with New York City and Washington, D.C., is also a strength.

 

Recently, it was heartening to learn that the City of Newport has reached an agreement with the Naval Undersea Warfare Center to collaborate on licensing some Navy technology at the “Innovate Newport’’ incubator being built on Broadway thanks in  part to $2.1 million in tax credits from the state Commerce Corporation.

 

A look at the map and you’d guess that if some historical events had transpired differently, that Aquidneck Island could have become a sort of New York. It’s at the mouth of a big deepwater bay and close to main transatlantic shipping lanes. I’m pretty sure that most  people on the island would not want it to be a big city. But the island certainly has the assets to become a lot more prosperous and make more locals rich enough to enter the famous inherited-wealth community concentrated along Bellevue Avenue and Ocean Drive.

 

The Raimondo administration deserves a lot of credit for pushing innovation projects but doesn’t get the  credit because Rhode Islanders’ default emotion is pessimism and cynicism. The governor also gets bad press because she was in finance. But she went into finance because the tax laws favor Wall Street and the investment community over, say, manufacturing and other more “physical’’ sectors.

 

Finance is where much  of the new money has come from since the ‘80s and one look at President-elect Trump’s cabinet of Wall Streeters and right-wing Republicans will tell you that the rich, and especially the Wall Street rich, will get much richer as Mr. Trump and his colleagues look out after their own. Income inequality will accelerate.

 

Money you make from investments is heavily tax-favored over money you make from “earned income’’ -- wages and salaries. But she didn’t make the laws that made it that way. She made a rational decision when she went into the investment business. And  whatever you think of this or that of her policies, she’s now working calmly, politely and hard for the public in a generally thankless task and with far less compensation than she’d get in  the venture-capital world where she once worked.

 

With the lingering bitterness caused by the Great Recession and 38 Studios, etc., and amidst widening income inequality caused by automation, computerization, globalization and tax policy that heavily favors “the 1 percent,’’ it would be surprising if Rhode Islanders, who are traditionally snarky, weren’t even more so than usual. But whining is easy. We could use some more practical suggestions.

 

 

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Meanwhile, the  federal social safety net, which disproportionately favors the folks in the Red States (the Blue States generally pay considerably more into the federal coffers than they get out), will fray and Mr. Trump’s  Red State fans   will, in the fullness of time, finally realize how much they’ve been scammed.

 

Steven Pearlstine, who writes on business and economics for The Washington Post and is a professor of public policy at George Mason University, had an entertaining observation the other day in a Washington Post  essay headlined “Under Trump, red states are finally going to be able to turn themselves into poor, unhealthy states’’. Actually, many Red States are already poor and unhealthy. The much denounced liberal, higher-tax states are generally richer, in part because they have better public services.

 

 

“After all,’’ Mr. Pearlstine writes,  “if Republicans cut taxes — in particular, taxes on investment income — then the biggest winners are going to be the residents of Democratic states where incomes, and thus income taxes, are significantly higher. Governors and legislatures in those states — home to roughly half of all Americans — will now have the financial headroom to raise state income and business taxes by as much as the federal government cuts them — and use the additional revenue to replace all the federal services and benefits that Republicans have vowed to cut.’’

 

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Panhandling
Kudos to those in the Rhode Island General Assembly for trying to suppress the epidemic of panhandling concentrated at intersections in Providence. It can cause car accidents, crime and scares away business. Better to beef up social services to deal with the panhandlers, many of whom are mentally ill, than to allow panhandling along the streets.

 

The ACLU is all wet on this. Reducing panhandling, including by penalizing motorists who stop and give panhandlers money (often swiftly used for drugs and booze), is  a matter of common-sense public safety.  Tolerating panhandlers reinforces their problems

 

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Donald Trump has gotten a lot of heat for offending the Chinese police state by talking on the phone with the president of Taiwan. But I say bravo!

 

For far too long we’ve let the dictatorship in Beijing virtually dictate how we deal with Taiwan. It’s past time that we show more support for what is a vibrant, free-market democracy on the island. (I have visited it several times.) Of course, China claims the island nation. But look at history and you’ll see how debatable that claim is. As with many dictatorships, its far-flung claims to territory are not grounded in international law but in power lust.  Consider Beijing’s  preposterous assertion that it owns the South China Sea.

 

In some other ways, too  -- about China’s unfair trade practices, industrial espionage and cyberwar against us and its aggression in the South China Sea --- Donald Trump has signaled a tougher line toward our leading global adversary. I hope that he maintains it. China, like most dictatorships, only respects strength.

 

But will Mr. Trump change course and listen carefully to advisers who warn him against getting cozy with Russia’s crafty tyrant Vladimir Putin? Any more signals from the president-elect that he wants to ally himself with Mr. Putin will further undermine the Western Alliance and embolden Moscow to engage in more aggression. As his son Donald J. Trump Jr., has said, the Trump Organization has extensive business interests in Russia, most of whose details have been hidden, in part by our new leader’s refusal to disclose his income-tax returns.  How big a role will that play in the Trump policy toward Russia?

 

But maybe we worry too much: Perhaps Donald Trump, who has shown minimal anxiety about making 180-degree changes in position without warning – and in 140 characters? -- may switch course on  Mr. Putin, too. (If he can get his money out in time?) After all, George W. Bush and Barack Obama dropped their wishful thinking about this coldly homicidal dictator after reality bit them.

 

 

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The front runner for Democratic national chairman is still an anti-Semitic, far-left-wing Muslim congressman from Minnesota and admirer of the radical anti-white Nation of Islam called Keith Ellison. Giving him the Democratic job will sure bring back the white Rust Belt voters who gave the election to Donald Trump?

 

As I said, the best person for the job would be Howard Dean, who built the 50-state campaign that elected Barack Obama in 2008.

 

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New buildings beget more new buildings and density is good, in Providence and other cities. So I was happy to see a plan to build a mostly residential building on Chestnut Street and another one to build a 13-story building on Canal Street. The first one would fill up a vacant lot and the second one a parking lot. Vacant lots and parking lots near the middle of a city say that the city is not prosperous. We need more downtown mass transit and fewer surface parking lots, although attractively brick-clad (camouflaged?) parking garages are okay.

 

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While the Carrier employees in Indiana who will, for a while anyway, keep their jobs are happy with the deal engineered by President-elect Trump to keep the work from going to Mexico, the taxpayers will have to pay big bribes to Carrier to  keep those employees  and this PR coup will not stem the national loss of jobs to automation and globalization.

 

Of course,  virtually all major politicians, including Governor Raimondo (e.g., the deal to bring in some General Electric employees to Providence), make these crony-capitalism deals to benefit large, famous companies (often to the detriment of small, unfamous ones whose owners must subsidize the big ones by paying the taxes of those big fish). It’s far better economics (if not politics!) to create a level playing field with reasonable, efficiently spent taxes and streamlined regulations for everyone than to use public money to meet big companies’ extortive demands. The cost of these payoffs could in fact reduce the total number of jobs in a state.

 

But the public is lazy when it comes to looking into the full implications of such deals, and so they go on and on. As for Carrier, it will almost inevitably break their job promises to Indiana and the Feds -- and soon.

 

Matt Fecteau, a Democratic activist writing here in GoLocal, put it well:

 

“When we elected Trump, we didn’t get a savvy business man; we elected a shrewd public relations guru. This {Carrier} deal is just a dog and pony show meant to be a PR stunt in lieu of anything truly tangible. …

“This is what Trump did his entire career; he makes a mediocre or even poor product, slaps his last name on it, and voila, tells everyone it is the best thing since sliced bread (just like he did with this deal). Make no mistake, there are around a thousand happy workers keeping their jobs, but at the expense of the American taxpayer and others will still lose their jobs. ‘

My kudos to Sarah Palin for condemning this Carrier con job. This is not the sort of thing that a true conservative would like. And when will Donald Trump bring to America the jobs that now make his Trump-named junk abroad?

 

 

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“It's time to end my holiday and bid the country a hasty farewell. 
“So on this gray and melancholy day, I'll move to a Manhattan hotel.
“I'll dispose of my rose-colored chattels and prepare for my share of adventures and battles,
“Here on the twenty-seventh floor looking down on the city I hate and adore!


“Autumn in New York, why does it seem so inviting?

“Autumn in New York, it spells the thrill of first-nighting.’’

 

The opening of “Autumn in New You’’ (1934), by Vernon Duke

 

We were in New York the past few days. November and December are, in my view, the best time to visit New York. It’s crisp outside, people seem to walk with a hopeful spring in their step and commerce is at its most colorful. It reminds me of what New York was in the 50s, in its “Imperial New York’’ heyday before urban  pathologies (especially crime,  drugs, decaying infrastructure, “white flight to the suburbs’’ and yawning budget deficits) seemed to pose a lethal challenge to Gotham in the late ‘60s and the ‘70s. Starting around 1980, things started to get better.

 

You can now sense a little decline. That’s in part, I think, because Mayor Bill DiBlasio is no Mike Bloomberg. There seem to be more homeless people sleeping on sidewalks and some new graffiti but still, all in all, it’s a place of vast energy and idea creation and implementation.

 

Newly unhappy New Yorkers include those living and working around Trump Tower in midtown Manhattan. There, the security around what continues to be the president-elect’s base of operations has hamstrung residents and the many large and small businesses there. Mr. Trump has implied that even after he takes the oath of office on Jan. 20 he will continue to do much of his government (and business deals?) work in Trump Tower. Some  local businesses may have to close as a result.

 

And the cost to taxpayers will be gigantic: Midtown Manhattan may well be the most complicated and by far the most expensive place in America to maintain a massive security operation. Once again, Donald Trump, who pays little or no federal income taxes, will take the taxpayers to the cleaners.

 

 

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Record on the comeback
So Amazon is opening up physical-book stores, and vinyl records are making a comeback. One example is Kevin Morosini’s Olympic Records, on  increasingly interesting Wickenden Street, in Providence’s Fox Point neighborhood. As the (too slowly) developing Route 195 relocation land and the gradually-being-spiffed up waterfront attest, the street can only get more interesting and prosperous.

 

Mr. Morosini told The Providence Journal that he’s seeing a lot more young people coming in lately to buy vinyl records. Maybe they have discovered what I rediscovered recently a while back while listening to Thelonious Monk (jazz) record I bought in 1966: The sound is richer than with CDs. Other than a few scratches, which only added to the evocativeness of the music from so long ago, it was in good shape. And it didn’t even have any cigarette burns on it.

 

I hope  that the young Mr. Morosini can expand his store. And, he’s right, Wickenden also needs a good bookstore.


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