What an absolute waste for Michigan to receive 3.7 Billion in stimulus money and over 1/2 of the high tech Lithium (LiFePo4) battery stimulus money!!! To her own admission Michigan has been a 1 industry state for 100 years and they have not innovated at all and the battery technology to power EVs was sold to an Oil Company by GM! So far, Chevron has still not made the battery technology available nor manufactured any batteries. Now the US Taxpayer is living with the consequences.
Granholm is a poor little tool. This isn't even a fair fight Wynn=Job creating economic winner. Granholm=popular (in a state of losers) 8 years ago government assclown.
Of course Wynn would beat down on Granholm. I almost feel bad for her. She is an attractive metermaid against a giant of private industry. I say, Granholm wins because she didn't cry.
Which she should, because Michigan is in flames. Doesn't she have some androgynous husband who is a milquetoast dork to fight for her?
The gov't hiring people to work and putting money in their pockets won't do a damn thing unless the majority of those people create successful businesses and use that new money to invest. We have to get off this nonsensical Keynesian view that consumer spending drives the economy. What really drives the economy is production and investment. You can't create the jobs that give people the money to SPEND unless you invest and produce and build a co.
If the people get more money in their pockets, but there's far less places to spend that money at to drive economic growth and job creation, what's the point?? Hell, the 2nd-best thing would be to put as much of their money in savings accounts and bank accounts, and due to the nature of our fractional-reserve system, banks would have FAR MORE money to lend to investors. Those are 2 great ways to grow the economy, way faster than Keynesianism. I wish I knew what Keynes was smoking.
All these politicians want is more money given to them. The automobile manufacturing industry placed themselves in this perilous position beginning 40 years ago when the unions demanded absurdly high wages for essentially non-skilled workers...
What an absolute waste for Michigan to receive 3.7 Billion in stimulus money and over 1/2 of the high tech Lithium (LiFePo4) battery stimulus money!!! To her own admission Michigan has been a 1 industry state for 100 years and they have not innovated at all and the battery technology to power EVs was sold to an Oil Company by GM! So far, Chevron has still not made the battery technology available nor manufactured any batteries. Now the US Taxpayer is living with the consequences.
RocketMaker10000 1 year ago
Granholm is a poor little tool. This isn't even a fair fight Wynn=Job creating economic winner. Granholm=popular (in a state of losers) 8 years ago government assclown.
Of course Wynn would beat down on Granholm. I almost feel bad for her. She is an attractive metermaid against a giant of private industry. I say, Granholm wins because she didn't cry.
Which she should, because Michigan is in flames. Doesn't she have some androgynous husband who is a milquetoast dork to fight for her?
thhhegame33 2 years ago
This woman seems like a smart, well-educated moron. It's tragic Obama's army does not seem to have the tiniest clue about how economies really form.
KarlDaggerfield 2 years ago
"Smart, well-educated moron"?
Isn't that more of an oxymoron?
mrblujet 2 years ago
The gov't hiring people to work and putting money in their pockets won't do a damn thing unless the majority of those people create successful businesses and use that new money to invest. We have to get off this nonsensical Keynesian view that consumer spending drives the economy. What really drives the economy is production and investment. You can't create the jobs that give people the money to SPEND unless you invest and produce and build a co.
whoo689 2 years ago
If the people get more money in their pockets, but there's far less places to spend that money at to drive economic growth and job creation, what's the point?? Hell, the 2nd-best thing would be to put as much of their money in savings accounts and bank accounts, and due to the nature of our fractional-reserve system, banks would have FAR MORE money to lend to investors. Those are 2 great ways to grow the economy, way faster than Keynesianism. I wish I knew what Keynes was smoking.
whoo689 2 years ago
All these politicians want is more money given to them. The automobile manufacturing industry placed themselves in this perilous position beginning 40 years ago when the unions demanded absurdly high wages for essentially non-skilled workers...
elihew 2 years ago