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Practically Speaking

Kyle and her husband moved to Brookfield in 1986. She became active in local politics and started blogging in 2004. Her focus is primarily on local issues but often includes state and national topics, too. Kyle looks at things from the taxpayers' perspective in a creative, yet down to earth way, addressing them from a practical point of view.

Economy improving? Elmbrook's bonding and 1% sales increase

Elmbrook, Elmbrook 2008 Referendum, TAXES, THE ECONOMY

Elmbrook schools was able to garner a favorable bond rate for the remaining portion of their $62mil referendum this week.

That was good news, because in the recent past, they were not able to do so. Taxpayers are still on the hook for $???, but at least it is within the estimated interest rates.

Today I noticed that retail sales were up 1% in January, U.S.Retail Sales Unexpectedly Halt Six-Month Slide. This 1% marked the first increase in spending for months. The article quicly reminded us that it may not last because of the increased unemployment rate, but it at least was an increase.

Elmbrook's referendum project will be doing its part to stimulate the local economy. (Yes, that is courtesy of the taxpayers.)

The general rule of thumb on recessions is that they last about a year...if you do nothing. We might be seeing glimmers of hope here. Those will quicly be squelched though by the "stimulus" bill. 

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