Wednesday, January 05, 2011

Good News and Bad News

That bunion won't be bothering you any more. However, we did have to chop that right foot off just below the elbow.

The Ludington Daily News is reporting today that the unemployment rate for its four county readership area has dropped significantly over the last year.

The local unemployment rates for November were:

• 12.4 percent for Mason County, compared to 14.2 percent in 2009

• 12.6 percent for Manistee County, compared to 13.8 in 2009

• 14.5 percent for Oceana County, compared to 16.7 in 2009

• 14.4 percent for Lake County, compared to 17.2 percent
These are huge differences even if the new numbers remain disastrously high. Mason's dropped 1.8 percent. Manistee's dropped 1.2 percent. Oceana's dropped 2.2 percent. And Lake County's unemployment rate plummeted a whopping 2.8 percent.

The bad news is that virtually all of these drops can be attributed to prospective employees bailing out on the local employment scene; they moved in search of a non-mythical job of today located elsewhere, or they simply fell off the local job seeking radar and are home watching The View.

In either case it would be safe to say they were blown away.
An estimated 150 fewer area residents were working in November than a year earlier, but because there are also 750 fewer people in the local labor force, the unemployment figures look better than in 2009.
From the glass is half full side of the ledger, that is 750 people no longer having to rely on the assistance of Michigan taxpayers to survive in this new green economy of Jennifer Granholm's--assuming that they all moved and aren't home polishing up their new Bridge Cards.

But, more disturbingly (from the glass has been three-quarters empty for the last eight years side of the equation,) there are 150 fewer taxpaying jobs around to help fill public coffers.

These tax contributions are vital, both in helping support those pushed over the economic edge by Michigan's newly departed disaster in chief, and in helping to pay off fascists crony capitalists who promise to create inefficient and expensive "green jobs" that will assuredly rejuvenate Michigan's economy, that is, once tomorrow finally gets here.

I honestly don't blame Jennifer Granholm for every mess this state seems to step in, and sadly I don't trust Rick Snyder to be much better when it comes to wise stewardship in regards to the money Michigan extorts from its remaining taxpayers--but I do blame Jenny for embracing every bizarro economic principle in the book in her effort to change Michigan into a worker's paradise despite the free-market's resistance.

Granholm may not be to blame for the total mess Michigan is in today, but she certainly supports every idea behind which we can place full blame.

The good news is that Jennifer Granholm has finally exited the governor's office down in Lansing. The bad news is that she left a statewide disaster in her wake.

That would be a glass half full if it hadn't been shattered to pieces.

No comments: