Skip to comments.Obama Channels Granholm on Green Stimulus
Posted on 11/24/2008 7:06:39 PM PST by neverdem
Detroit, Mich. Now we know why Michigan Gov. Jennifer Granholm is on President-elect Barack Obamas economic policy team. Judging by Obamas Saturday economic address, he plans to address the nations ills with the same inept policies Granholm has championed for the last six years here in Michigan.
Granholm and Obama have much in common: They are both young Democratic party protégés, both are charismatic personalities, and both are left-wing, Harvard-educated lawyers with little experience running anything prior to assuming office. Like Granholm, Obama appears to have little grasp of market economics, but prefers showy public-works programs and utopian visions of bridging a carbon-addicted America to a new green economy that will employ millions.
The similarities between Obamanomics (as outlined in Saturdays radio address) and Granholmnomics (as outlined in her January State of the State address) are striking.
(My stimulus plan) will be a two-year, nationwide effort to jumpstart job creation in America and lay the foundation for a strong and growing economy. Well put people back to work rebuilding our crumbling roads and bridges, modernizing schools that are failing our children, and building wind farms and solar panels, fuel-efficient cars and the alternative energy technologies that can free us from our dependence on foreign oil and keep our economy competitive in the years ahead.
Im proposing a Michigan economic stimulus package nearly a billion dollars for needed infrastructure and building improvements, creating upwards of 28,000 construction and other jobs over the next two years. A billion dollars in economic stimulus from new construction. But let me talk for a moment about one sector that has blockbuster potential for Michigan: alternative energy . . . . Because of the need to reduce global warming and end our dependence on expensive foreign oil, the renewable energy and energy efficiency industries will create millions of good paying jobs. I say we will win these jobs for Michigan and replace the lost manufacturing jobs with a whole new, growing sector.
The echo is eerie (if Obama were Joe Biden, one might be suspicious of plagiarism).
And likely to get eerier still. How has Granholm gone about creating this new green economy? With mandates and targeted tax breaks just as Obama will likely propose. Granholm spearheaded a state Renewable Power Standard that mandates 20 percent of Michigan's energy come from wind power by 2020, and she has showered tax breaks on alternative energy companies. Watch for Obama to do both on the national level.
The result has been a Michigan economy that has drowned under Granholms watch, with unemployment tripling to a nation-leading 9.3 percent at the same time that Michigans debilitating economic fundamentals high taxes and overgenerous concessions to organized labor have gone unaddressed. Granholm, however, has missed few opportunities for photo ops touting the companies that have benefiited from her tax handouts or her road-construction spending.
And she has landed a key position in Obamas transition team, where she and the president-elect apparently agree that Granholmnomics is Americas future.
Personally I think she’s being groomed for the day when foreign born people can become president openly.
"Granholm, however, has missed few opportunities for photo ops touting the companies that have benefiited from her tax handouts or her road-construction spending."
BAD IDEA! BAD IDEA! NO! You DO NOT want this woman anywhere near anybody who may influence economic policy!
If you want to see the results of her policies, just look at Detroit! She is as socialist as the day is long. You cannot begin to understand the pain and suffering that has befallen us because of her poor decisions. You DO NOT want the SBT to be imposed nationwide.
I miss John Engler. I remember when he was the most popular governor in the country. He cut welfare rolls and people went to work.
I know a girl who had lived her entire life on welfare till Engler showed up. She was mad to get tossed off welfare but these days she says it’s the best thing to ever happen to her.
Put the lunatics in charge of the asylum while the asylum is burning to the ground.
Granholm will become a figure for the national one finger salute...
because that’s what this sociopthic liberal has done to
Michigan is still paying for Engler. His first 4 years brought change, the last 8 not so good.
Seems like the one-state recession known as Michigan is going nationwide.
And all along I though Granholm was Obama’s token blonde.
Single Business Tax. The best way to describe it is that it’s a VAT (value added tax) imposed on businesses that have more than 350K in gross receipts. Think U.K. VAT and you get the idea. As far as I know, Michigan is the only State to impose this kind of tax.
He did do a good job of dragging welfare recipients into the realm of personal responsibility. It’s to bad he didn’t have a chance to repeal the SBT. That was one thing he tried to end. Then look what we got, stuck with a Canadian socialist as our Governer. It’s pretty bad when the Canucks don’t even want her.
There’s four seasons in Michigan:
Will Obama succeed in making the US “Scandinavian”?
11/25/2008 | WesternCulture
Posted on 11/25/2008 11:27:30 AM PST by WesternCulture
Actually, having our Illustrious Canadian Overlord as an economic adviser is not a bad idea if you what to do with her advice: Listen carefully to every point and then do the exact opposite.