Vermonters for a New Economy, Final State Bank Study

Vermonters for a New Economy • January 25, 2014

After many months of preparation and peer review, the Vermonters for a New Economy group has finally completed the study of the economic impacts of a public bank in Vermont. Highlights include:

  • over 2,500 new jobs created
  • over $190M in new economic value added over $340M in additional gross state product
  • the existing institutions already have the capital to establish a bank, no new appropriation or bonding needed.
  • recommendation that VEDA’s authority be expanded to include banking, which is what S. 204 proposes this year.

Read the study here.

Bookmark and Share
About these ads

One Response

  1. Sorry, its another band-aid that won,t solve the underlying problems, which are some cancers that have to be removed.
    .

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 205 other followers

%d bloggers like this: