Tag: unemployment (page 2)

(ANN ARBOR, MI) -Congressman John Dingell, (D-Mich.)  admitted on Bloomberg TV last night that he doesn't have a clue about how to solve the mess he helped create in his 55 years in Washington.
 "It is pretty hard to see how anything could be done to cure the problems we have in Michigan," the 83-year-old Dingell told Bloomberg  Washington Editor Al Hunt in an interview broadcast at 6:30 p.m.  Click here to see the text of the interview.

From Breitbart dot com:

Michigan reported the nation's highest unemployment rate at 15.3 percent. It was followed by Nevada at 13.3 percent, Rhode Island at 13 percent, California at 12.2 percent and South Carolina at 11.6 percent.

Unfortunately, the laws of physics, or at the very least common sense don't always necessarily apply to our elected representation, Where up becomes down, and logic (our hero) meets a tragic fate.

The sleight of hand in politics becomes evident when Michigan's governor Jennifer Granholm can suggest that increasing the financial burden on business can actually help those businesses.  People actually believed it, and in March of 2006  Gov. Granholm signed legislation raising the minimum wage in Michigan. In October 2006 it went to $6.95 an hour from $5.15 an hour, then to $7.15 an hour in July 2007 and to $7.40 an hour in July 2008.

Typically, the rewards are expanded "general welfare" clause arguments which seek a safety net, and sometimes might even successfully address short term issues.  Expanded unemployment, welfare, wage guarantees, and public health coverage. The recipients might feel temporary relief by the use of these "benefits," but sometimes find themselves trapped or at the very least restricted by the very end result of them being "assisted" in the first place.

Well..

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...