Word: witt
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Dates: during 2000-2009
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...First-year coach Tom Williams has a battle at quarterback on his hands. Junior Brook Hart, who started five games last year, is the incumbent, but sophomore transfer Patrick Witt has been seeing a lot of preseason action as well. Whoever earns the job will have some familiar faces at receiver, as the top three targets are all back. The Bulldogs also lost several key players from the defensive unit, which was tops in the Ivies with just 10.5 points allowed per game...
...According to Susan Witt, Executive Director of the E.F. Schumacher Society, "buy local" campaigns serve another function: alerting a community about gaps in the local market. For instance, if consumers keep turning to on-line or big-box stores for a particular product-say, socks-this signals an opportunity for someone local to make and sell socks. This is the way product innovations get made, says Witt. "The local producer adds creative elements that make either the product or materials used more appropriate to the place." For example, an area where sheep are raised might make lambs wool socks...
...what about that higher cost of local goods? After all, big-box stores got to be big because their prices are low. Susan Witt says that the difference falls away once you consider the increase in local employment as well as the relationships that grow when people buy from people they know. (Plus, one could argue, lower transportation, and therefore environmental, costs, and you know what you're getting-which as we've recently seen with suspected contamination in toys and other products from China, can be a concern...
...There's also the matter of local/regional resilience. Says Witt: "While now we're largely a service-providing nation, we're still just a generation away from being a nation of producers. The question is: what economic framework will help us reclaim those skills and that potential." Say, for example, the exchange rates change or the price of oil rises (and it has started to creep up, if not at last summer's pace) so that foreign-made goods are no longer cheap to import. We could find ourselves doubly stuck because domestic manufacturing is no longer...
...Going out into the real world next year, Witt has been accepted into a fellowship in politics in which he’ll be splitting time between Colorado and Washington, D.C. He also had an offer to return to the Wall Street firm where he interned last summer. Eventually he wants to go to law school...