May 21, 201501:02 PMBlaska's Bring It!
with David Blaska
Shooting nine politically incorrect questions at troubled neighborhoods near you
(page 2 of 2)
Scott Walker has lost Walter Cronkite
At least insofar as WEDC goes. The agency is a major embarrassment for the governor. A struggling young writer named Christian Schneider writes, for the Milwaukee Journal Sentinel:
So far, there has been nothing worse for economic development in the state than the Wisconsin Economic Development Corp. The beleaguered agency has been beset by administrative failures, most recently uncovered by a negative state audit.
But the idea that a small state agency can somehow inject life into a state's economy is not just outdated, it is a recipe for exactly the type of Gilded Age corruption some are alleging in the 2011 loan to William Minahan's Building Committee Inc. So-called “jobs agencies” are the oxygen on which “crony capitalists” subsist.
Of course, the state needs business to do well — but in order to provide any permanent benefit, a company must succeed in the marketplace, not by getting an artificial boost from state taxpayers. In a perfect system, when businesses have sound operational models, we reward them with our expendable income. — “Time to scrap the WEDC.”
I have been making the same argument in conversations with a former City of Madison economic development specialist about creating a state venture capital fund. Assigning politicians and their appointees to make economic bets using taxpayer money is big government progressivism.
No surprise #1 — that Noam Chomsky was on bin Laden’s nightstand.
No surprise #2 and Congratulations #1— Bill Lueders is leaving the UW–Madison-based Wisconsin Center for Investigative Journalism, which always “investigated” conservatives. He’s going over to the Progressive magazine. Who would have guessed he’d go to a liberal-progressive-socialist publication?
Congratulations #2 — to Dane County’s newest judge, Jim Troupis.
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