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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

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    Demand = reduced need for subsidies (none / 0) (#8)
    by jgillmanjr on Wed Sep 01, 2010 at 04:25:17 PM EST
    If there is going to be a demand for a product, why in the world should the government subsidize it (not that they should subsidize anything in the first place)?


    attract certain hi-tech industries
    ...
    this is not so much picking winners and losers

    How is it not picking winners and losers?


    If tax reform combined with limited incentives can attract industries (such as those in the green energy sector) that can effectively utilize some of our resources that have been left in the cold thanks to issues with the auto industry, then I would not be opposed to it.

    How about you use your own money to support that philosophy instead of having the government take my money to support it?

    Parent
    Green Energy Doesn't Work (none / 0) (#13)
    by steve on Thu Sep 02, 2010 at 12:07:38 AM EST
    Thanks for being respectful in your disagreement. However, 'Green Energy' fails everywhere it is implemented. The Island of Eigg off the coast of Scotland spent million of dollars devising a green energy system to provide 100% of power for 87 people and it failed.

    Germany spent $125 billion dollars on a solar power project to generate 0.25% of the country's electricity.

    Furthermore, it is well documented that Spain calculated that for every 1 subsidized green job created, the economy loses 2.2 private sector job due to the higher taxation and energy costs.

    Also, why are we, the American tax payers, subsidizing industrial giants such as Korea's LG to construct Li-ion batteries. If it is a true moneymaker, and Michigan had an excellent business climate, they would pay us for the right to construct the factory.

    Parent

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