Michigan Bleeds Jobs Because of High Taxes - WSJ.com

Michigan Bleeds Jobs Because of High Taxes - WSJ.com:

"What should be of concern to all Americans is that the Michigan/UAW model is the Administration and Congress' model for the country.

As with the UAW, they like all the benefits while the money and jobs are there, there is just an utter blindness as to what keeps the money and the jobs there; so, witness the record price of gold.

It's a version of the tale of the goose that lays the golden eggs. Rather than outright killing the goose, the unions and administration are taking the golden eggs plus a lot of the goose's feed. They don't understand why there isn't an egg everyday. They don't understand why the unemployment rate is going up, credit isn't flowing (although they make loud lamentations and blame the banks) and venture capital funding is being pulled."

Is Michigan Going to Be Like a Camel?

Michigan's Broken 'Promise'
http://online.wsj.com/article/SB125893723996459927.html#articleTabs%3Darticle

We all have heard the story about the "straw breaking the camel's back". Well,Perhaps the straw and the camel have a sad lesson to teach the State of Michigan and the UAW?

The greed of unions and the state to tax, tax, tax and over consume have killed the state's previously existing job engine. Sure, there was China and competition; but, you either meet competition intelligently or stupidly. Sadly, Michigan and the UAW chose the least possibly intelligent route. And, it has failed. As the load on the camel gets bigger, it's harder to get things turned around.

Since they are still loading the camel, Michiganders can only hope that it's not going to take until the last straw and a major restart with everything coming off. This is not a picture one can look forward to.