Tuesday, September 08, 2009

Michigan's Manufacturing Unemployment Rate - 50 Percent?

Link here.

But it's all good. The President has just appointed the man who is going to solve all of our problems. Mr. President, I have a better idea. And it doesn't involve hiring a government bureaucrat either. Of course, therein lies the problem of bureaucrats in general. There are hundreds of millions of minds in the economy who can always come up with a better answer as to how to solve problems. My mind is hazy on this topic but I do recollect this used to be called a meritocracy based in democracy.

In order to tap into this fabric, all government needs to do is develop sound policy to incent those answers to come to fruition. It's really stupidly easy. Obviously it's not stupid enough for our Congress to understand or they would not have destroyed the laws we used to have that encouraged such behavior. Or maybe it had to do with all of that lobbyist money.
posted by TimingLogic at 9:45 AM