Friday's links and comments
Sorry for the light blogging, we've had more important things to do.
Jonathan Williams of The Detroit News looks at the latest case of a corporation leaving Michigan and expresses dismay at their governor's response.
With the recent announcement of Comerica's relocation to Texas, the hemorrhaging of Michigan businesses continues. Astonishingly, instead of taking bold steps to make Michigan more competitive and attract investment, Gov. Jennifer Granholm's plan to end the mass exodus of employers is to raise taxes on them.Why does this matter to us here in Ohio? It matters because our politicians are going down the same path Michigan took to find themselves in trouble.
Basic economics says that to become more competitive, you don't raise your prices, you lower them. Since taxes are the price of living and working in a state, they are a direct cost for businesses and influence business investment decisions.
It is pure nonsense to think Ford or General Motors would attract customers by raising the price of cars. The same goes for raising Michigan's tax burden to compete for business investment
Peggy Noonan's latest column, The Trouble With Loyalty, starts slowly, but makes a valid point about how we choose candidates when it gets going.
We were marking a birthday. I was seated next to a politically experienced businessman, an acquaintance of many years. He kept talking about the presidential race. I asked who he's supporting. He was surprised I had to ask. "Hillary," he said.Read the rest.
I nodded. "Tell me why," I said.
"I've known her for years," he said. "I'm a loyal person."
I waited for him to say more. But he didn't.
"Your reason for backing her is that you're loyal?"
"Yes," he said.
As if that were enough.
Weird, another goof climbs over the White House fence. Weirder, this guy is 66 years old. Heck, I'm around 20 years younger than that and I'm not going to climb over any ten foot high fence. Get this guy to try out for the Senior Olympics or better yet get him to a prison cell.
This is what we need scientists working to figure out.
Former Commissioner of Major League Baseball Bowie Kuhn passed away yesterday. One thing I didn't know, and haven't seen mentioned in news coverage of his passing, is Kuhn was a strong pro-life advocate. Vital Signs Blog has a nice tribute to Kuhn for his efforts on behalf of that worthy cause.