State-Run Prosperity

Here is a wonderfully concise explanation, in the form of an example, of why I fear that our economy may not recover for a long, long time. And the more the state prevents it from recovering, the more we will call on it to save us.

Some young companies are tailoring their business plans to win DOE cash. Private investors, meanwhile, are often pulling back, waiting to see which projects the government blesses. Success in winning federal funds can attract a flood of private capital, companies say, while conversely, bad luck in Washington can sour their chances with private investors. The result is an intertwining of public and private-sector interests in an arena where politics is never far from the surface.

Read the rest HERE.

The economy is far too complicated for experts to be so directly involved. This is the scariest thing about Obamanomics. If you let the state decide who prospers, few people will. Most will sit on the sidelines watching.

I know personally of people who would like to start small businesses and are not willing to risk it because they don’t feel the economy, which is somewhat predictable, will determine their success as much as bureaucrats, which can be purchased but only by businesses already successful.

Our economy may be entering the Big Chill.

I’m sceptical enough to wonder about the sincerity of the government regulators’ attacks on Toyota. After all, doesn’t Toyota compete with the state run car company here in the States?

We cannot save this economy if we don’t unleash the developers, innovators, and producers – especially the small ones.

Michigan Our Future?

I wish I knew economics better, because this article gives me the creeps.  It’s from NRO, so if you don’t like them you can dismiss the basic argument without considering the implications.

But Karl, this is where I need your input. (Fielding, not Marx!).

Is it true that the governor of MI is driving business into the ground by submitting it to her office? Is it true that President Obama is setting up the same pattern in the Washington he constantly berates?

What should small businesss expect?

This is not a political blog, though politics is obviously affected by and also affects education rather profoundly. But I am very concerned about this issue on four levels:

  1. The rhetoric of the arguments being presented
  2. How these changes have affected and will affect American education, both directly and indirectly.
  3. How American education has affected these changes.
  4. How CiRCE should plan based on these changes.

What’s Wrong With America?

John Ainsworth took two years off to try to figure it out. In this video he makes some suggestions that will probably get him in trouble. Listen to it as an exercise in rhetoric so you can tell me why I shouldn’t be persuaded.