Is AEDC the emperor who has no clothes? Does the mainstream media care?

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The Anchorage Economic Development Corp. produces a luncheon twice a year, in which the organization presents an economic look-back and forecast for the region, a report produced under contract by the McDowell Group, with the AEDC logo slapped on it.

Beyond that, the AEDC is not much more than an announcer at events and pronouncer of things. Its president since 2007, Bill Popp, is much like Punxsutawney Phil, who comes out once or twice a year to say whether the recession will end early or late.

While the mainstream media and bloggers have focused on their narrative over a brand-new economic development team headed by Gov. Mike Dunleavy, none has taken a critical look at the 33-year-old economic development agency that does lunch and puts out Facebook posts.

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