Wednesday, December 10, 2014
Can Cleveland Make a Comeback?
However many close tries and possibilities Cleveland has had, reading that the CEO of Siemens, USA described the city as a hub for the healthcare industry means that perhaps the city has done something right. I absolutely agree with the authors that trying to appeal to artsy hipsters is not enough to revitalize a large metropolitan area like Cleveland. I also like that they see manufacturing and engineering as keys to a city's growth, instead of concentrating solely on service-type jobs, as seems to have been a prevailing idea among some economists as our manufacturing base has disappeared. Rebuilding it in a twentieth-first century format would be a great way to provide income for people who would then have money to spend on retail and services.
I would like to point out that one thing the article cites as encouraging international investment, is cheap and abundant domestic energy, such as natural gas. Encouraging people to move more with things like unemployment benefits, as suggested by Berkeley-based economist Enrico Moretti, makes as much sense as Nancy Pelosi's assertion that unemployment cash makes the economy grow. Growth only comes about if people are *working.* And affordable energy makes starting or growing a business more affordable and more appealing. If the Rustbelt can come back by providing blue-collar jobs, it will help the very people government claims to care about the most.
Hat tip: Ace of Spades HQ
Monday, November 26, 2012
Waiting for the Lightning
If you ever read Ace of Spades, you are well familiar with the Let It Burn concept. The idea that this country is too far in debt and has too large of a lazy, self-centered populace that likes to be ignorant and plans on staying that way, means the country is at some point going to collapse. So, let's get the party started now. If you believe at some point this house of cards is all going to come down, then why delay the pain? And part of Letting It Burn is destroying the entertainment and media industries. If you were paying attention, you may have noticed that during the run-up to the election, an enormous majority of celebrities may not have been calling our current president their lord and savior, but they are certainly behind him, and quite happy to demonize anyone who isn't. If you're a reader who knows me from Martin Loopers, you probably don't watch much television already, and may not have cable. I'm trying to persuade Mr. BTEG to at least cancel our Sirius satellite radio subscription, if not our cable. I want us to avoid as many movies as possible, especially the ones where the more vocal Obama supporters are stars. Tell me why any of the liars, tramps, sluts and thieves in Hollywood deserve my family's money. Let them feel the economic depression/recession just like the rest of us.