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    Tag: Liberal Media

    No difference between Granholm-Cherry and Engler? 740,000 jobless might disagree


    By Nick, Section News
    Posted on Mon Jul 27, 2009 at 07:50:36 AM EST
    Tags: Granholm-Cherry, unemployment, 2010, Cherry, MSM, Liberal Media, John Engler, tax policy, regressisphere (all tags)

    News over the weekend that 21,000 more jobs at GM will be disappearing doesn't rate particularly high on the sunny announcement scale but don't think for a minute it's going to bother our friends on the Left.  

    Anyone with the stomach for regular reading in the regressisphere or the ability to listen to news reports featuring state Democrats without throwing shoes at the television has probably noticed a regular theme that looks to make excuses for the party in power by telling us things really aren't that bad.  The line you hear and read most often typically goes something like this- `Michigan is currently in the middle of the pack when it comes to tax burden...it's all John Engler's fault.'

    We even got an unhealthy (and somewhat sneakily delivered) dose of that nonsense over the weekend from Booth's Peter Luke.  In an article ostensibly written to chide Liberals like Rick Snyder and Mark Brewer over their penchant for hyperbole in place of common sense reform, the author furthers the Lefty meme that A) taxes really aren't that high and B) it is all John Engler's fault.  

    ...Current economic policy, to the extent there can be one at the state level, isn't much different than the policy in the 1990s that saw record growth... In 2000, state tax collections equaled 9.5 percent of personal income. In 2010, it'll be 7 percent.

    Now, adjust that rate for inflation and then consider the fact that the statistic is abso-freaking-worthless to begin with and we'll be halfway to an honest conversation about Michigan's economy.

    See, the thing about 2000... Michigan's unemployment rate was hovering in the 3 to 4 percent range.  In other words, "a whole lot of people" were working then who aren't now and those people paid taxes.  The state was taking in more adjusted dollars from a significantly larger pool of taxpayers.  Fast forward to 2010 and we've got fewer people working fewer jobs for a less valuable dollar and enduring higher tax rates.  There's also "a whole lot of (jobless) people" taking in "personal income" directly from the state.  

    Even if one bought the Lefty lie that the state's tax policy isn't onerous and isn't a problem, the argument that there's no difference between Granholm and Engler economic policy is ridiculous on it's face.  The last six-plus years in Lansing have been perhaps the most antagonistic towards job makers in the history of the state of Michigan and in direct contrast to the first ten years of the previous administration.  

    Not that you have to take my word for it.  Ask one of the thousands of former Michigan small business owners now pulling down profits instead in other states.

    Read on...

    (2 comments, 702 words in story) Full Story

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