Wednesday, Oct. 30, 1985
University Daily Kansan
Campus/Area
11
Economy in Kansas faltering
The Associated Press
TOPEKA — Kansas must rebuild its economy with a stronger base that is less susceptible to downturns in the national economy, a University of Kansas economist told a special legislative study panel yesterday.
The state's historic economic base of agriculture, oil and gas and general aviation no longer is strong enough to immunize Kansas against the whims of the national economy as it once was, said Anthony Redwood, director of KU's Institute for Public Policy and Business Research.
"Kansas is sitting on a base of declining industries. We really don't have a set of industries to go forward with." Redwood told the subcommittee on the state economy of the Special Commission on a Public Agenda for Kansas.
The state's agriculture-oil-aviation base once served the state very well and seemed to isolate Kansas from the ups and downs of the national economy, but no more. Redwood said.
The reason, he said, is that agriculture has changed from a labor-intensive to a capital-intensive industry which now suffers from high interest rates and a strong dollar which hurts exports. In addition, he said, the oil industry has suffered from the declining price of oil and the aviation industry is going through a serious restructuring.
"Between 1980 and 1985, the state economy really got hammered. We destroyed the myth that we are cyclically immune from the rest of the nation. All the old things we had going for us didn't do well for us."
In previous recessions, Redwood
"Each time, one of our key industries held up. This time none of them held up. All of them got hammered at the same time," he said.
said, at least one facet of the Kansas economy would stay strong — usually agriculture.
"And I think it would be a serious mistake for us to say this is a one-time thing. I don't think we can count on one of them always holding up. I will inclin to accept the fact that in
The subcommittee, headed by Senate Minority Leader Michael Johnston, D-Parsons, is charged with identifying specific problems in the Kansas economy and recommending policy choices for solving those problems.
The Public Agenda Commission was created by the 1985 Legislature
the future we're going to be cyclically affected."
This subcommittee also is studying the problems of agriculture, while two other subcommittees are reviewing education, health, financing government and infrastructure - the condition of public buildings and highways.
at the suggestion of House Speaker Mike Hayden to establish a list of long-range issues for the lawmakers to address in the coming years.
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