Lobbyists

Sen. Elizabeth Warren's recent rant about lobbyists in the Trump transition team (just before they were all sent packing) brings me once again to editor David Rotman's MIT Technology Review article Capitalism Behaving Badly. Specifically this:[W]e should admit that markets are created and shaped by government policies, including government support of innovation.If we are to… Continue reading Lobbyists

Cognitive Dissonance

Our Democrat leaders in Washington passed a bill last week that they didn't much like. The passage of this bill increased government tax receipts by about $30 million a day, and 'saved or created' 70,000 construction jobs along with 4,000 federal jobs. Since the Dems claim to be about 'revenue enhancement' and government 'job creation,'… Continue reading Cognitive Dissonance

Naive hubris

Greg Main, the retiring head of the MEDC looks back on his accomplishments. This is his second term (his first stint was in the 1980s) as Michigan's chief economic planner, and it appears he has learned little from the experiences. "When I came back (in 2009), it was apparent that there was a good plan… Continue reading Naive hubris

Taxation in spite of representation

FERC YOU!From the Wall Street Journal (requires registration):The Midwest Wind SurtaxYou'd think poor Michigan has enough economic troubles without the Federal Energy Regulatory Commission placing a $300 million to $500 million annual surtax on the state's electric utility bills. But on December 16 FERC Chairman Jon Wellinghoff announced new rules that would essentially socialize the… Continue reading Taxation in spite of representation

Batteries not included

So, the battery technology bet our governor made looks premature. Neither recipient of Michigan's largesse, LG Chem nor A123, are mentioned re: this potential breakthrough.Printable batteries at 400 Watt hours per kilogram and other ARPA-E funded battery projectsCopyright 2005-2019

The Road to Lithiumdumb

Once again Michigan Capitol Confidential nails it. "It" being the foolishness of our present governor, and what I fear to be the fatal conceit of the former MEDC czar who is about to become governor: Picking economic winners. Given his history, it may be even harder for Rick Snyder to resist the Sirens of Corporatism… Continue reading The Road to Lithiumdumb

Find the porker

A list of Senators in descending order of earmark requests in the $trillon omnibus spending bill: The Omnibus ArrivesIf your Senator appears, make a note of the name and then look up when they next stand for election. Start campaigning against them now, whenever that may be.Copyright 2005-2019

Only Congressional Republicans contemplate compromise

Why?Regarding the potential temporary failure to prevent a tax increase: Tax deal: purists vs. dealmakersMe, I'm a purist until they can demonstrate they aren't making corrupt, sleazy deals. Which means never. Isn't that the point of the recent election? So. No pork because of The Dems' Crackup The Democrats don't want any compromise, so let's… Continue reading Only Congressional Republicans contemplate compromise