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Western Carolinian Volume 68 Number 05

items 10 of 28 items

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Item 1 - Western Carolinian Volume 68 Number 05

Western Carolinian Volume 68 Number 05

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Item

Details
- Format
  - Publications (documents)
- Type
  - Text
- Source institution
  - Western Carolina University
- Identifier
  - HL_WesternCarolinian_2003-10-28_Vol68_No05_10
Transcript

0 by Oakley winters I special to WCnewsmagazine 2.0 As Western North Carolina seeks to diversify Its economy and stem the loss of manufacturing jobs, attention should be given to capitalizing on one of the region's greatest assets: its popularity as a destination for retirees. Recent studies reveal that retirees bring many benefits to communities. Let's look at a few of these benefits: Older residents spend more money locally than any other age group, largely because they are freed from mortgage payments and consumer loans for high- ticket items such as automobiles. Hence, the local "multiplier effect" from spending by seniors is more significant. Incomes from retirees - from Social Security, pensions and annuities, Medicare, Medicaid and personal savings - are more predictable and reliable than incomes from non-retirees. This predictability helps moderate boom-and-bust business fluctuations. Retirees represent the most consistent sector within the local market. Demand by the elderly for public education, the largest expense item in every local budget, is virtually zero. Older citizens thus reduce the local tax burden for younger families, primary consumers of public education services. Contrary to popular assumptions, post-retirement citizens, regardless of age, inject significantly more into local economies than they extract. Studies in North Carolina, Arkansas and Wisconsin affirm that seniors pay significantly more in state and local taxes than they consume in state and local services. Higher- income retirees often contribute twice the value of the services they consume annually. Many persons over age 65 continue to work full or part time, and the trend to work longer is increasing. The employed elderly contribute to the local economy with their labor and spending - and their participation in the job market keeps local labor costs down. Firms with lower margins-of-profit stay in business because they hire seniors without paying for retirement and medical insurance benefits. The elderly contribute 68 percent more to charities than the general population. If we want to grow, stabilize and sustain our regional economy, we should make the most ofWNC as a preferred destination for retirees and try harder to recruit them. It also makes sense to do more than merely attract retirees to live here. While the passive presence of the elderly creates positive results, seniors who are active and engaged in their communities bring added dividends. Free time, under-used talents and a need to re- establish their identities are gifts that seniors have to share within their communities. Retirees represent a substantial, latent pool of volunteers, employees and, in some cases, venture capitalists and employers. Examples of retirees making signal contributions to the quality of life in WNC abound. One only needs to visit a local hospital, identi$r board members of non- profit organizations or consider who is volunteering in public schools to know that much important work in our communities is done by seniors who are very much engaged. Engagement doesn't just happen by chance. Transitioning from work to retirement is a wonderful time for new beginnings, but it also can be emotionally traumatic. After departing the structure of a career, the time is right for establishing a renewed sense of identity. More seniors can find personal fulfillment through engagement in their communities if they are guided through a process of discovering how to do so. This is where organizations can help themselves by developing strategies for seeking out retirees and offering opportunities for them to grow through service. Environments wherein seniors choose to share themselves with others are carefully designed. Feeling welcome and needed are essential conditions for getting involved. Making new friends, learning new skills and continuing to grow are especially important for retirees. The vitality of communities is enhanced significantly when the elderly become active in civic life. By creating ways for seniors to become active and grow, the region becomes even more competitive as a high- quality destination. A growing population of seniors in WNC also provides a reliable market for age-specific services and products provided locally - from special banking, shopping and personal care services and household appliances to safety and assisted care devices. Opportunities abound for entrepreneurs to develop products and services that allow persons to live independently and better. Focusing some of our regional economic development strategy on helping businesses meet the needs of the elderly could further help stabilize and diversify an economy that desperately needs a boost. As a prime destination for retirees, WNC is ideally positioned to enhance the vitality of its communities and add value to its economy. Recruiting seniors, engaging seniors and creating businesses that address the needs of seniors offers a three-pronged opportunity to advance the region by making the most of its natural advantages. Oakley Winters, dean for continuing education and interim director of the Center for Regional Development at Western Carolina University, is among the organizers of "Aging with Grace," a two-day conference on living well longer and engaging seniors in communities, to be held Nov. 3-5 at Kanuga Conference Center in Hendersonville. The conference is presented by Western Carolina University, Pardee Hospital, Kanuga Conferences Inc., Community Foundation of Henderson County and the Hendersonville office of Smith Barney, in collaboration with Mountain Area Health Education Center. For more information and registration details, go to the conference Web site at cess.wcu.edu/aging or telephone (800) 928-4968. COMMENTARY LETTERS Dear WC, I have an important issue to address concerning the addition to Whitmire Stadium. The banner located at the main gate for students claims that the new seating area addition was paid for by student activity fees. If this is the case then why are students not allowed to use the new seating area? Not only are the students not allowed in the new seating area, which WE paid for, the Catamounts home bench is on the non-student side. I understand WCU trying to promote the football team in their great start this season, but forcing the student body to pay activity fees for something that we are not allowed to use is a crime. Thank you, Bart Davis Send your letters to us: wc@wcu.edu We do not publish anonymous letters. Please include your name and contact information. Upon request, we will run only your last name and first initial. Otherwise, your first and last name will be printed with your letter. IF SMALLER HEY! UNIVERSITIES CAN BUILD PARKING DECKS, WHY CAN'T WCU? WHAT DO YOU THINK ABOUT PARKING? Send us your thoughts and ideas. We will share them with other readers. (wc@wcu.edu) o 1

Object

Description

The Western Carolinian is Western Carolina University's student-run newspaper. The paper was published as the Cullowhee Yodel from 1924 to 1931 before changing its name to The Western Carolinian in 1933.
Details
- Creator
  - Western Carolina University
- Format
  - Publications (documents)
- Type
  - Text
- Date
  - Date original: 2003-10-28
- Extent
  - Dimension: 14" x 11.5"
  - Pages: 28
- Subject - Topic
- Location
  - Jackson County (N.C.)
  - Cullowhee (N.C.)
- Source institution
  - Western Carolina University
- Source Collection
  - WCU Students Newspapers Collection
- Identifier
  - HL_WesternCarolinian_2003-10-28_Vol68_No05
- Repository
  - Western Carolina University Hunter Library

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