04 MAR 2011 by ideonexus
Two Economic Models for States
Walker also has an economic vision for his state—one which is common currency in the Republican Party today, but hitherto alien in a historically progressive, unionist Midwestern state like Wisconsin. It is based on a theory of economic growth that is not only anti-statist but aggressively pro-corporate: relentlessly focused on breaking the backs of unions; slashing worker compensation and benefits; and subsidizing businesses in order to attract capital from elsewhere and avoid its flight t...Interesting comparison between states that try to build up their economies with public programs that produce a strong and valuable workforce versus states that try to build up economies by reducing the value of the workforce, making it cheaper and more appealing to corporations.