Something that I was thinking about this morning getting ready for work... (speaking of which I'm cutting it close on the "i'm late front")
WIth the massive budget cuts you hear a lot of... Government needs to stop doing the things that the private sector already does. They've come up with a neat slogan too--the yellow pages test.
Wouldn't the Department of Economic Development--which spends money promoting the state, trying to bring in foreign business, and find foreign markets for our goods but one of those places that could be cut more during a downturn. Isn't that something that the private sector--in theory is already doing (or should be doing in the eyes of those who oppose the nanny state?).
Don't get me wrong--I don't see anything inherently wrong with this--isn't it par for the course in a modern states' economy? But do you get much bang for your buck from it? Libertarians are obviously up in arms about this? The kia plant, rent seeking business sector, and all that jazz?
Wouldn't the Department of Economic Development--which spends money promoting the state, trying to bring in foreign business, and find foreign markets for our goods but one of those places that could be cut more during a downturn. Isn't that something that the private sector--in theory is already doing (or should be doing in the eyes of those who oppose the nanny state?).
Don't get me wrong--I don't see anything inherently wrong with this--isn't it par for the course in a modern states' economy? But do you get much bang for your buck from it? Libertarians are obviously up in arms about this? The kia plant, rent seeking business sector, and all that jazz?
Feel free to email any thoughts as I'm just thinking through this... JimN2010@gmail.com
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