A new study out yesterday from Iowa Fiscal Partnership:
http://www.iowafiscal.org/Iowa families work hard, but existing public policies often do not support them in achieving economic security. Particularly over the last decade, through tax credits and new grant programs, Iowa government has invested a great deal to stimulate business, but its investments in working families – both in skill development and in workforce supports – have lagged.
According to the study, Iowa governments spend over $437 million annually on business-oriented programs while investing less than one-fifth that amount in education, training and skill development programs for adults. In addition, very few business-oriented programs have any focus on improving worker skills or any accountability provisions to ensure they meet their objectives.
The report also shows that Iowa lags in providing a number of supports to workers in necessary, but lower-wage jobs. These include Iowa's child-care subsidy program, Medicaid and hawk-i programs, income tax program and earned income tax credit, and unemployment compensation system.