Posted on 08/31/2010 6:04:46 AM PDT by MichCapCon
A column in today's Detroit News shows remarkable sympathy for government support of Michigan's dwindling horse racing industry. Several points stand out:
Column: "Lansing is allowing an established segment of the entertainment industry - horse racing - to wither, taking with it hundreds of jobs and small businesses."
Response: Who died and made Lansing the savior for any industry? Tastes and preferences in entertainment change, but that reality hardly justifies taxpayer subsidies to a lucky handful, whether they were buggy whip makers turned obsolete by Henry Ford in the past or horserace promoters today.
Column: "When you're in a state that is losing jobs daily, you need to protect the ones you have." - Quote from Patty Dickinson of the Michigan Thoroughbred Breeders and Owners Association.
Response: At whose expense? Government has nothing to give anyone it doesn't first take from someone else. That means Lansing can only "protect" (subsidize) horse racing jobs by causing other jobs to disappear or remain uncreated in the first place. If Michigan's annual horse racing subsidy is $10 million, that's $10 million taken from families and business owners elsewhere who might cause employment to grow in expanding industries, not contracting ones...
(Excerpt) Read more at michigancapitolconfidential.com ...
Michi ping
Where’s Willie Green, he loves this type of cash flush.
Ugh... NO MORE CORPORATE WELFARE!!!!! If a private business can’t hack it without taxpayer money then by definition it is better for the economy if it goes under!
Exactly! Defund all collectives, including countries. It's 2010. Stand on your own. Fail on your own.
Short translation: "People aren't spending money at the track".
So instead, they spend it at the movies, or at a restaurant, or on their house payment so they don't get foreclosed.
All of which are good and legitimate uses for the money they don't spend at the track.
Recently sighted libeling Ilario Pantano
I wonder what Bernero vs. Synder would have to say about this.
If you knowingly mention a FReeper, ping him.
;)
Thanks, MCC!
No. I’ll do as I please, with in the rules of the site owner, and or their representatives, which is not you.
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