Spending money to make money is an adage that has fallen into much disfavor as the private and public sector alike are buffeted by a rocky economy whose trends foretell of still more shoals ahead.
Were it possible to improve on perfection, we would update the adage this way: And, often, it’s more necessary to spend this money in the toughest of times – even if you don’t think you can afford it.
When it comes to the University of Wisconsin-Milwaukee and its role in helping southeastern Wisconsin realize its economic potential, that’s what Gov. Jim Doyle needs to consider when crafting his next budget. And, if the governor has the wisdom to include UWM’s latest request for $10 million, it’s what the Legislature’s Joint Finance Committee needs to remember as well.