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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

    MEDC FAIL: Granholm-Cherry administration making promises they KNOW they can't keep

    By Nick, Section News
    Posted on Mon May 18, 2009 at 07:02:32 AM EST
    Tags: Granholm-Cherry, Granholm, Cherry, MEDC, MEGA, lies, unemployment (all tags)

    Sort of like putting a whoopee cushion on an electric chair.

    The Michigan Economic Development Corporation (MEDC) and Michigan Economic Growth Authority (MEGA) programs don't work and the Granholm-Cherry administration knew it.  That hasn't stopped them from showing up at press conference after press conference dating back to their reelection bid in 2005, though, and claiming credit for the creation of new jobs they KNEW, empirically, would never be created.

    The Ivory Tower reported over the weekend that only 67,000 jobs have been created or retained by the state's big economic development programs in the last fourteen years.  To say that's a drop in the bucket compared to what Granholm and Cherry have promised unemployed voters at their many photo-ops would belittle drops in buckets.  

    Last month on the Bloggers' Edition of Off the Record with Tim Skubick the Regressisphere's greatest champion, Liberal Lucy, parroted the administration's line (that's what she does best) and claimed that their job creation efforts (those are, specifically, the MEDC and MEGA, kids) had actually created or retained 700,000 jobs.

    700,000 in promises over six years.  That's an average of 116,667 jobs promised every year.   67,000 in results over fourteen comes out to an average of 4,786 per year.  In other words, the administration typically promises more than 24 TIMES what they know, historically, they're going to be able to deliver.

    Fourteen years establishes what the experts refer to as a "track record." Despite platitudes and promises of future successes, the administration had reports and facts and figures that indicated most companies that were granted breaks and preferential treatment by the MEDC and via MEGA wound up declining to take advantage of the tax breaks because Michigan's job creation environment was still too turbulent for expansion, or even survival.

    Politicians lie to voters.  Integrity is far too rare in "public servants."  But knowingly and willfully lying to unemployed workers about job creation prospects?  That's cruel, that's callous and it just plain isn't funny.

    < Monday in the Sphere: May 18 | RightMichigan Exclusive: An Interview with 2010 AG Candidate and Senate Majority Leader Mike Bishop >

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    Nothing to worry about . . . (none / 0) (#2)
    by Clydes Dale on Mon May 18, 2009 at 10:30:17 AM EST
    The MEDC is going to come out with yet another BIG Press Release about JOBS they are creating and save the day!

    Why - Because PRESS RELEASES are what the MEDC is all about (never mind the actual outcome!)

    Wednesday, May 06, 2009
    Granholm: Ford Chooses Michigan to Manufacture its First Battery Electric Vehicle, New Fuel-Efficient Cars
    Wednesday, April 22, 2009
    Lt. Governor Cherry Announces `Green Jobs for Blue Waters' Initiative to Position Michigan as a Leader in Growing Water Technology Sector
    Tuesday, April 14, 2009
    Governor Granholm Announces Companies Investing Over $2 Billion, Creating More Than 7,700 New Jobs in Michigan
    Tuesday, April 14, 2009
    Granholm: Unity Studios Launching New Film, Television and Media Production Studio in Allen Park
    Tuesday, April 14, 2009
    Granholm: Projects Creating Over 6,600 New Jobs Are Result of State's Efforts to Make Michigan Advanced Battery Capital of the World
    Wednesday, March 25, 2009
    Statewide Pre-Seed Fund Awarded $6.8 Million from 21st Century Jobs Fund
    Wednesday, March 18, 2009
    Granholm Announces Support for Hemlock Semiconductor Group Expansion in Thomas Township
    Tuesday, March 17, 2009
    Governor Granholm Announces Over 2,600 New Jobs
    Monday, March 09, 2009
    Hundreds of New Corporate Facilities, Expansions Earn Michigan a Top Three Spot in Global Publication Ranking

    Please remember ... (none / 0) (#3)
    by MichWolverine on Mon May 18, 2009 at 11:23:10 AM EST
    'Government' neither creates nor produces anything!

    It can only assist in creating an economic atmosphere.  In the case of the Granholm administration, the atmosphere created has been one of anti-business, anti-employer and anti-economic growth.

    Jenny's march toward utopian pie-in-the-sky Socialism has ruined Michigan.  Likewise, the Obama plan will bring America to its knees.

    Economic Ignorance (none / 0) (#5)
    by DMOnline on Mon May 18, 2009 at 12:02:01 PM EST
    Excellent post, Nick.

    As an FYI, there's an excellent piece in today's Wall Street Journal that should be a "must read" for everyone.

    I certainly hope the candidates running for governor read it and study the incredible impact high taxes have on their state's economy.

    Check it out here...


    What caught my eye from the WSJ article... (none / 0) (#7)
    by KG One on Tue May 19, 2009 at 06:43:47 AM EST
    They're wrong, and New Hampshire is our favorite illustration. The Live Free or Die State has no income or sales tax, yet it has high-quality schools and excellent public services. Students in New Hampshire public schools achieve the fourth-highest test scores in the nation -- even though the state spends about $1,000 a year less per resident on state and local government than the average state and, incredibly, $5,000 less per person than New York. And on the other side of the ledger, California in 2007 had the highest-paid classroom teachers in the nation, and yet the Golden State had the second-lowest test scores.

    If the MiGOP wants to cement their chances of winning big time in '10, I'd highly recommending finding out what New Hampshire is doing and emulating it here toot sweet.

    And in case people think that this sentiment exists only in America, think again!

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