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	<title>Comments on: The Michigan economic example</title>
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	<link>http://blogs.reuters.com/james-pethokoukis/2009/10/07/the-michigan-economic-example/</link>
	<description>Politics and policy from inside Washington</description>
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		<title>By: newstogod</title>
		<link>http://blogs.reuters.com/james-pethokoukis/2009/10/07/the-michigan-economic-example/comment-page-1/#comment-2906</link>
		<dc:creator>newstogod</dc:creator>
		<pubDate>Wed, 07 Oct 2009 20:44:46 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.reuters.com/james-pethokoukis/?p=2183#comment-2906</guid>
		<description>Sorry folks, it&#039;s unions pure and simple. Ask yourself would GM/steel companies/shoe manufacturers/fabric mills have financial problems/exist if the unions would never have existed? The cost of living would be much lower than it is today? The move to overseas production would never have occurred. Unions make things cost more than they are worth---see Walmart for evidence.</description>
		<content:encoded><![CDATA[<p>Sorry folks, it&#8217;s unions pure and simple. Ask yourself would GM/steel companies/shoe manufacturers/fabric mills have financial problems/exist if the unions would never have existed? The cost of living would be much lower than it is today? The move to overseas production would never have occurred. Unions make things cost more than they are worth&#8212;see Walmart for evidence.</p>
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		<title>By: Carmen</title>
		<link>http://blogs.reuters.com/james-pethokoukis/2009/10/07/the-michigan-economic-example/comment-page-1/#comment-2902</link>
		<dc:creator>Carmen</dc:creator>
		<pubDate>Wed, 07 Oct 2009 20:31:06 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.reuters.com/james-pethokoukis/?p=2183#comment-2902</guid>
		<description>Editor:
I live in California and I am fluent in Spanish.
About 4 years ago, I tuned into a Spanish language radio station and I heard a car dealer&#039;s ad saying that all that was needed to get a loan to buy a car was either a birth certificate or two utility bills.
This has been going on for quite a while, it seems.  For all the cars that are now in Mexico to be sold by the absconders, we the law abiding citizens have to pay with higher interest rates to make up for the loan companies&#039; and banks&#039; loses.</description>
		<content:encoded><![CDATA[<p>Editor:<br />
I live in California and I am fluent in Spanish.<br />
About 4 years ago, I tuned into a Spanish language radio station and I heard a car dealer&#8217;s ad saying that all that was needed to get a loan to buy a car was either a birth certificate or two utility bills.<br />
This has been going on for quite a while, it seems.  For all the cars that are now in Mexico to be sold by the absconders, we the law abiding citizens have to pay with higher interest rates to make up for the loan companies&#8217; and banks&#8217; loses.</p>
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		<title>By: Alex Sim</title>
		<link>http://blogs.reuters.com/james-pethokoukis/2009/10/07/the-michigan-economic-example/comment-page-1/#comment-2901</link>
		<dc:creator>Alex Sim</dc:creator>
		<pubDate>Wed, 07 Oct 2009 20:12:33 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.reuters.com/james-pethokoukis/?p=2183#comment-2901</guid>
		<description>Dear newstogod,

Besides the fact that you have some understanding of the economics laws, there&#039;s a question I have about your ideas further on the topic (cit.) &quot;Also, I find it interesting that the Union attacks executive pay. Supply and demand drives executive pay. Executives that manage large companies have special skills and experiences that make them valuable.&quot; What does the over supply of BONUSES mean in the situation - fueling of greed? How about a more sensible distribution of the 50% taken from Execs and invested in R&amp;D? Would that solve 2 problems(fairness and progress for humanity)? How much greater is a person without the masses to build, work and do the actual job? Is an Exec really worth and abide by the Econ laws, or is it just a twisted perception? An Exec sacrificed what? There are people that put a lot more overtime in lower positions and make sacrifices?</description>
		<content:encoded><![CDATA[<p>Dear newstogod,</p>
<p>Besides the fact that you have some understanding of the economics laws, there&#8217;s a question I have about your ideas further on the topic (cit.) &#8220;Also, I find it interesting that the Union attacks executive pay. Supply and demand drives executive pay. Executives that manage large companies have special skills and experiences that make them valuable.&#8221; What does the over supply of BONUSES mean in the situation &#8211; fueling of greed? How about a more sensible distribution of the 50% taken from Execs and invested in R&amp;D? Would that solve 2 problems(fairness and progress for humanity)? How much greater is a person without the masses to build, work and do the actual job? Is an Exec really worth and abide by the Econ laws, or is it just a twisted perception? An Exec sacrificed what? There are people that put a lot more overtime in lower positions and make sacrifices?</p>
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		<title>By: powertrain</title>
		<link>http://blogs.reuters.com/james-pethokoukis/2009/10/07/the-michigan-economic-example/comment-page-1/#comment-2892</link>
		<dc:creator>powertrain</dc:creator>
		<pubDate>Wed, 07 Oct 2009 16:32:26 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.reuters.com/james-pethokoukis/?p=2183#comment-2892</guid>
		<description>Growin up in a UAW town, the unions were treated like Robinhood.  One thing I always seem to notice was how the union was always protecting the worker the was a screw up in the first place.  When technology and communications become the norm in the Modern workplace there was no need for the unions of the past.  It was so obvious growing up in that environment.</description>
		<content:encoded><![CDATA[<p>Growin up in a UAW town, the unions were treated like Robinhood.  One thing I always seem to notice was how the union was always protecting the worker the was a screw up in the first place.  When technology and communications become the norm in the Modern workplace there was no need for the unions of the past.  It was so obvious growing up in that environment.</p>
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		<title>By: Trevor</title>
		<link>http://blogs.reuters.com/james-pethokoukis/2009/10/07/the-michigan-economic-example/comment-page-1/#comment-2891</link>
		<dc:creator>Trevor</dc:creator>
		<pubDate>Wed, 07 Oct 2009 16:02:46 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.reuters.com/james-pethokoukis/?p=2183#comment-2891</guid>
		<description>I think it&#039;s great that for the most part everyone here is in more agreement than I&#039;ve seen from us Americans in a long time. Most of what everyone here is saying is true, even the author of this article. Is this America pissed of, waking up, and saying we&#039;re not going to take it anymore? If so I want to point something out to all of you. 

The next wave will be in energy. I&#039;m afraid (NOT PREDICTING) if this is allowed to happen it&#039;ll be the knock-out blow. The Chevy volt still needs foreign war oil to get from a to b. That is the best alt-energy American companies are offering. If you look around the web you&#039;ll see other countries with far superior electric cars (that are illegal in the US) surpassing us with infrastructure and all. We are falling desperately behind in this area and it will come up. Oil is finite and dirty. FACT.

America we must wake up and the to-do list is as follows. Sever the greedy heads of the rich, money hording pigs who keep money out of circulation and are making 98% of us fight for the scraps while robbing us blind. 2) Take care of your brother, neighbor, everyone. 50 million without health care makes us look very selfish and uncaring. 3) Start thinking about the future problems ie. energy shortage. As our dollar gets weaker this problem will get out of control. Although placing blame is essential it is not the only thing we have to do. We need to think forward and start leading this race again. Hope everyone here is OK. Evem Mcain and Obama :)</description>
		<content:encoded><![CDATA[<p>I think it&#8217;s great that for the most part everyone here is in more agreement than I&#8217;ve seen from us Americans in a long time. Most of what everyone here is saying is true, even the author of this article. Is this America pissed of, waking up, and saying we&#8217;re not going to take it anymore? If so I want to point something out to all of you. </p>
<p>The next wave will be in energy. I&#8217;m afraid (NOT PREDICTING) if this is allowed to happen it&#8217;ll be the knock-out blow. The Chevy volt still needs foreign war oil to get from a to b. That is the best alt-energy American companies are offering. If you look around the web you&#8217;ll see other countries with far superior electric cars (that are illegal in the US) surpassing us with infrastructure and all. We are falling desperately behind in this area and it will come up. Oil is finite and dirty. FACT.</p>
<p>America we must wake up and the to-do list is as follows. Sever the greedy heads of the rich, money hording pigs who keep money out of circulation and are making 98% of us fight for the scraps while robbing us blind. 2) Take care of your brother, neighbor, everyone. 50 million without health care makes us look very selfish and uncaring. 3) Start thinking about the future problems ie. energy shortage. As our dollar gets weaker this problem will get out of control. Although placing blame is essential it is not the only thing we have to do. We need to think forward and start leading this race again. Hope everyone here is OK. Evem Mcain and Obama <img src='http://blogs.reuters.com/james-pethokoukis/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: pagiii</title>
		<link>http://blogs.reuters.com/james-pethokoukis/2009/10/07/the-michigan-economic-example/comment-page-1/#comment-2889</link>
		<dc:creator>pagiii</dc:creator>
		<pubDate>Wed, 07 Oct 2009 15:24:23 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.reuters.com/james-pethokoukis/?p=2183#comment-2889</guid>
		<description>While I agree that Unions can decrease productivity in the workplace by specialization (for example the union workers installing wiper blades), executive pay is not merely a result of &quot;supply and demand&quot;.  I don&#039;t know what the exact statistics are but it is well known that executive pay in the United States has risen many times that of a normal every worker over the past 20 years.  This has continued thru times when companies have produced profits or have performed poorly.  Executive pay in Europe has not risen anywhere close to the scale of American executives.  So are we to believe GM&#039;s demize is purely the fault of the Unions?  While the executive pay at GM was rising and the company producing losses what were these guys (and girls) doing to remedy the problem.  When the big 3 executives first testified in front of Congress they all flew their private jets down to Washington, while their companies were in trouble and deep in debt.  Basically they are saying &quot;hey, I&#039;m a priviledged rich exec and I deserve the white glove treatment even if my company needs billions of dollars and is not profitable.  After all its not my fault.&quot;  Just as the Union workers in your comment were arrogant and thought they deserved their salaries, so did the big corporate execs.  Seems like there is no accountabilty if the company is losing money.  Look at those Enron Executives, reaping in millions of dollars each year in salary.  Nobody knew nothing.  I always thought capitalism should reward those that take risk and produce profits but its turned into hey I get paid my enornmous salary thru good times and bad.  And Walmart.....do we really want an economy based on the majority of workers making 7 to 12 dollars per hour ?  That can barely pay for a family of four&#039;s monthly health insurance.  Let&#039;s not put the blame of our failing auto industry entirely on the backs of the Unions and the workers on the assembly line.  There&#039;s plenty to go around.</description>
		<content:encoded><![CDATA[<p>While I agree that Unions can decrease productivity in the workplace by specialization (for example the union workers installing wiper blades), executive pay is not merely a result of &#8220;supply and demand&#8221;.  I don&#8217;t know what the exact statistics are but it is well known that executive pay in the United States has risen many times that of a normal every worker over the past 20 years.  This has continued thru times when companies have produced profits or have performed poorly.  Executive pay in Europe has not risen anywhere close to the scale of American executives.  So are we to believe GM&#8217;s demize is purely the fault of the Unions?  While the executive pay at GM was rising and the company producing losses what were these guys (and girls) doing to remedy the problem.  When the big 3 executives first testified in front of Congress they all flew their private jets down to Washington, while their companies were in trouble and deep in debt.  Basically they are saying &#8220;hey, I&#8217;m a priviledged rich exec and I deserve the white glove treatment even if my company needs billions of dollars and is not profitable.  After all its not my fault.&#8221;  Just as the Union workers in your comment were arrogant and thought they deserved their salaries, so did the big corporate execs.  Seems like there is no accountabilty if the company is losing money.  Look at those Enron Executives, reaping in millions of dollars each year in salary.  Nobody knew nothing.  I always thought capitalism should reward those that take risk and produce profits but its turned into hey I get paid my enornmous salary thru good times and bad.  And Walmart&#8230;..do we really want an economy based on the majority of workers making 7 to 12 dollars per hour ?  That can barely pay for a family of four&#8217;s monthly health insurance.  Let&#8217;s not put the blame of our failing auto industry entirely on the backs of the Unions and the workers on the assembly line.  There&#8217;s plenty to go around.</p>
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		<title>By: Bob</title>
		<link>http://blogs.reuters.com/james-pethokoukis/2009/10/07/the-michigan-economic-example/comment-page-1/#comment-2888</link>
		<dc:creator>Bob</dc:creator>
		<pubDate>Wed, 07 Oct 2009 15:08:05 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.reuters.com/james-pethokoukis/?p=2183#comment-2888</guid>
		<description>In response to that comment someone posted that Unions were the demise of Detroit...I hate Unions but they are not what destroyed Detroit.

News stories saying Detroit was making $15,000 profit on each and every SUV and pickup they made then investing that profit in China spending BILLIONS helping those Communists out....yeah that killed Detroit.

Chevy ditched making a truck for a man with a stick shift and instead started making trucks for girls (automatics)...yeah that killed Detroit.

Lack of innovation with the Model T getting better gas mileage than most of their line up...I think that had something to do with it.

Congress mandating new cars have to have tire inflation sensors in each wheel on new cars and I have to pay for it? I check my own tire pressure and didn&#039;t need that..so that killed Detroit as those people rebel against Congress and buy foreign instead out of spite.

All manufacturing going overseas leaving nothing but low paying jobs across America...I can&#039;t afford a Detroit vehicle then and will buy a nice little rice box to drive.

Dealers...they killed Detroit. Don&#039;t you hate it when you want to buy a base model vehicle and go to the dealership and all they have are the fully loaded models with junk you don&#039;t want on them and you can&#039;t afford? Americans like to customize their own cars and didn&#039;t want Detroit doing it for them.

Congress killed Detroit. Free Trade FAILED. 

There no longer is a viable economy that can afford automobiles and homes. Blame Unions all you want, they actually failed to prevent Free Trade and the loss of our National Wealth.

The end of the American Empire was because Free Trade eliminated manufacturing jobs and Corporations/Banks robbed the American people blind.

Not even Jesus Christ himself could save the United States now. You&#039;ve lost control of the internet. You&#039;re military is cut down so far it was only the ships full of money that made the Iraq War of no purpose successful. Well the fat lady is singing and the song she is singing is Americans are too dumb to notice they got robbed.

GM was never bound to keep manufacturing in a Union State. At any time they could have shut down and moved to a Non-Union State manufacturing vehicles. Why didn&#039;t they? They were making a sick profit and didn&#039;t need to. GM&#039;s parts manufacturers in the US used to be the best in the world, they were even made in the US. Now that they all were sent abroad to places like China the quality has destroyed their brand name. Now it&#039;s a laughing stock of the industry. There is no way they will be able to resurrect the brand name into something that Americans will respect once again. GM should disappear into the history books as how to not run a company and get your own country to hate you.

But the root cause was Free Trade, Wallstreet, and Corporate America. They sure had fun with the booty they stole while they were bankrupting a nation didn&#039;t they?

Did you know just to show cars moving off of lots they were allowing illegal immigrants to get brand new vehicles with only 2 utility bills showing an address and a down payment? how many of those were driven across the border never to be paid for? It showed vehicles moving off of lots and stock prices soared tho eh? But no commodity was actually ever paid for....well the American people now will pay for all those assets that were given away to illegals. It won&#039;t be the illegals paying for them.

Congress itself destroyed America....and Detroit.

Did the Unions have anything to do with the banks starting in 2005 to give mortgages to illegal immigrants? It was a Federal blessing that allowed the banks to do that. Then the illegals bought and sold homes between themselves and ran away with the booty....leaving 5 million+ homes that ended up in foreclosure of which brought down the entire global economy creating a sink hole dragging everything down into it...

Even those Rich Corporate Executives and Congress critters that destroyed America. They all failed to realize who they worked for and who is the customer....Congress still refuses to recognize exactly what an American citizen is and gives freely from the Treasury to the illegals along with more Civil Rights than citizens even have.

We realize who destroyed this country/Detroit, and it wasn&#039;t Unions.

And if our own Department of Defense keeps giving it&#039;s money to Chinese workers for goods instead of our own, it&#039;s time they get put under the lime light for bankrupting us as well. Maybe by pulling them out every single country on Earth except for our own, just to remind them who they work for as well.</description>
		<content:encoded><![CDATA[<p>In response to that comment someone posted that Unions were the demise of Detroit&#8230;I hate Unions but they are not what destroyed Detroit.</p>
<p>News stories saying Detroit was making $15,000 profit on each and every SUV and pickup they made then investing that profit in China spending BILLIONS helping those Communists out&#8230;.yeah that killed Detroit.</p>
<p>Chevy ditched making a truck for a man with a stick shift and instead started making trucks for girls (automatics)&#8230;yeah that killed Detroit.</p>
<p>Lack of innovation with the Model T getting better gas mileage than most of their line up&#8230;I think that had something to do with it.</p>
<p>Congress mandating new cars have to have tire inflation sensors in each wheel on new cars and I have to pay for it? I check my own tire pressure and didn&#8217;t need that..so that killed Detroit as those people rebel against Congress and buy foreign instead out of spite.</p>
<p>All manufacturing going overseas leaving nothing but low paying jobs across America&#8230;I can&#8217;t afford a Detroit vehicle then and will buy a nice little rice box to drive.</p>
<p>Dealers&#8230;they killed Detroit. Don&#8217;t you hate it when you want to buy a base model vehicle and go to the dealership and all they have are the fully loaded models with junk you don&#8217;t want on them and you can&#8217;t afford? Americans like to customize their own cars and didn&#8217;t want Detroit doing it for them.</p>
<p>Congress killed Detroit. Free Trade FAILED. </p>
<p>There no longer is a viable economy that can afford automobiles and homes. Blame Unions all you want, they actually failed to prevent Free Trade and the loss of our National Wealth.</p>
<p>The end of the American Empire was because Free Trade eliminated manufacturing jobs and Corporations/Banks robbed the American people blind.</p>
<p>Not even Jesus Christ himself could save the United States now. You&#8217;ve lost control of the internet. You&#8217;re military is cut down so far it was only the ships full of money that made the Iraq War of no purpose successful. Well the fat lady is singing and the song she is singing is Americans are too dumb to notice they got robbed.</p>
<p>GM was never bound to keep manufacturing in a Union State. At any time they could have shut down and moved to a Non-Union State manufacturing vehicles. Why didn&#8217;t they? They were making a sick profit and didn&#8217;t need to. GM&#8217;s parts manufacturers in the US used to be the best in the world, they were even made in the US. Now that they all were sent abroad to places like China the quality has destroyed their brand name. Now it&#8217;s a laughing stock of the industry. There is no way they will be able to resurrect the brand name into something that Americans will respect once again. GM should disappear into the history books as how to not run a company and get your own country to hate you.</p>
<p>But the root cause was Free Trade, Wallstreet, and Corporate America. They sure had fun with the booty they stole while they were bankrupting a nation didn&#8217;t they?</p>
<p>Did you know just to show cars moving off of lots they were allowing illegal immigrants to get brand new vehicles with only 2 utility bills showing an address and a down payment? how many of those were driven across the border never to be paid for? It showed vehicles moving off of lots and stock prices soared tho eh? But no commodity was actually ever paid for&#8230;.well the American people now will pay for all those assets that were given away to illegals. It won&#8217;t be the illegals paying for them.</p>
<p>Congress itself destroyed America&#8230;.and Detroit.</p>
<p>Did the Unions have anything to do with the banks starting in 2005 to give mortgages to illegal immigrants? It was a Federal blessing that allowed the banks to do that. Then the illegals bought and sold homes between themselves and ran away with the booty&#8230;.leaving 5 million+ homes that ended up in foreclosure of which brought down the entire global economy creating a sink hole dragging everything down into it&#8230;</p>
<p>Even those Rich Corporate Executives and Congress critters that destroyed America. They all failed to realize who they worked for and who is the customer&#8230;.Congress still refuses to recognize exactly what an American citizen is and gives freely from the Treasury to the illegals along with more Civil Rights than citizens even have.</p>
<p>We realize who destroyed this country/Detroit, and it wasn&#8217;t Unions.</p>
<p>And if our own Department of Defense keeps giving it&#8217;s money to Chinese workers for goods instead of our own, it&#8217;s time they get put under the lime light for bankrupting us as well. Maybe by pulling them out every single country on Earth except for our own, just to remind them who they work for as well.</p>
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		<title>By: Scott</title>
		<link>http://blogs.reuters.com/james-pethokoukis/2009/10/07/the-michigan-economic-example/comment-page-1/#comment-2887</link>
		<dc:creator>Scott</dc:creator>
		<pubDate>Wed, 07 Oct 2009 15:03:32 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.reuters.com/james-pethokoukis/?p=2183#comment-2887</guid>
		<description>newstogod, 

Your anecdotal tale of the American work ethic in modern times is sobering. However, I think you are misplacing some of your blame: instead of squarely, and flatly, laying the complete blame on the Unions why not hold some of those lazy, and complacent worker&#039;s feet to the fire?

I&#039;m not advocating for or against unions, but I do know that the goal and intent of a organized worker&#039;s union is to protect the worker, employer and the families of both. This doesn&#039;t excuse Unions from allowing abuse; in fact, this is a topic that certainly needs scrutiny (Who watches the watchers?). But, how, or rather why, have American&#039;s become so passive about their livelihoods, complacent about their ethics, and indignant whenever challenged on their behavior? 

Why has the &quot;American Dream&quot; become an amalgamation of catalog furniture, materialist-consumption at-no-cost, passive consumerism, buy everything on credit, us VS. them, &#039;I&#039;m gonna get MINE&#039;, nationalist-patriotism? 

I think it&#039;s time we stop figuring out who to blame, and deal with the issues--which start right in our neighborhoods, communities, school districts, cities, counties, et al..</description>
		<content:encoded><![CDATA[<p>newstogod, </p>
<p>Your anecdotal tale of the American work ethic in modern times is sobering. However, I think you are misplacing some of your blame: instead of squarely, and flatly, laying the complete blame on the Unions why not hold some of those lazy, and complacent worker&#8217;s feet to the fire?</p>
<p>I&#8217;m not advocating for or against unions, but I do know that the goal and intent of a organized worker&#8217;s union is to protect the worker, employer and the families of both. This doesn&#8217;t excuse Unions from allowing abuse; in fact, this is a topic that certainly needs scrutiny (Who watches the watchers?). But, how, or rather why, have American&#8217;s become so passive about their livelihoods, complacent about their ethics, and indignant whenever challenged on their behavior? </p>
<p>Why has the &#8220;American Dream&#8221; become an amalgamation of catalog furniture, materialist-consumption at-no-cost, passive consumerism, buy everything on credit, us VS. them, &#8216;I&#8217;m gonna get MINE&#8217;, nationalist-patriotism? </p>
<p>I think it&#8217;s time we stop figuring out who to blame, and deal with the issues&#8211;which start right in our neighborhoods, communities, school districts, cities, counties, et al..</p>
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		<title>By: AW</title>
		<link>http://blogs.reuters.com/james-pethokoukis/2009/10/07/the-michigan-economic-example/comment-page-1/#comment-2886</link>
		<dc:creator>AW</dc:creator>
		<pubDate>Wed, 07 Oct 2009 14:57:50 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.reuters.com/james-pethokoukis/?p=2183#comment-2886</guid>
		<description>The question is whether it is more &#039;costly&#039; than the broad cuts in the total business taxes that have been proposed by the state&#039;s Republicans.

Also, being from Greenville, I take issue with your comment.  It comes off as a cold-hearted, economic remark and misses the human face of the matter.  Sure workers were short-sighted, but virtually no assistance or guidance was ever offered to help retain.  IF you had worked in a factory for 40 years, would you know how to start all over again??  And of course few moved away.  If your family had spent generations living in an area, I&#039;m sure you&#039;d hold on as long as possible too.  

So please don&#039;t claim to know people from Greenville because you spent a few days there four years ago.</description>
		<content:encoded><![CDATA[<p>The question is whether it is more &#8216;costly&#8217; than the broad cuts in the total business taxes that have been proposed by the state&#8217;s Republicans.</p>
<p>Also, being from Greenville, I take issue with your comment.  It comes off as a cold-hearted, economic remark and misses the human face of the matter.  Sure workers were short-sighted, but virtually no assistance or guidance was ever offered to help retain.  IF you had worked in a factory for 40 years, would you know how to start all over again??  And of course few moved away.  If your family had spent generations living in an area, I&#8217;m sure you&#8217;d hold on as long as possible too.  </p>
<p>So please don&#8217;t claim to know people from Greenville because you spent a few days there four years ago.</p>
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		<title>By: Chauncey Gardiner</title>
		<link>http://blogs.reuters.com/james-pethokoukis/2009/10/07/the-michigan-economic-example/comment-page-1/#comment-2883</link>
		<dc:creator>Chauncey Gardiner</dc:creator>
		<pubDate>Wed, 07 Oct 2009 14:39:24 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.reuters.com/james-pethokoukis/?p=2183#comment-2883</guid>
		<description>Newstogod:

What a nice essay!

Yes, if the country were run like Michigan, it would look like Michigan.  Populist economics may superficially appear look good, but they destroy incentives to do things right, and they ultimately overwhelm the capacity of the economy to support all of the generous payouts.</description>
		<content:encoded><![CDATA[<p>Newstogod:</p>
<p>What a nice essay!</p>
<p>Yes, if the country were run like Michigan, it would look like Michigan.  Populist economics may superficially appear look good, but they destroy incentives to do things right, and they ultimately overwhelm the capacity of the economy to support all of the generous payouts.</p>
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