Economic Stupidity

While economic stupidity is not the sole provenance of the professional jobholders in the State of Michigan, based on my state’s economic condition, they are at the head of the class nationally.

The most recent example of the State of Michigan’s economic stupidity is exemplified by the professional jobholders supposed solution to a forecasted drop in tourism for the coming season.  The projected downturn in tourism has been predicted due to the following.

Michigan’s unemployment rate, 7.2 percent in February, was the nation’s highest…

The housing crisis has hit Michigan harder than many states, which will cause some consumers to cut back on travel. And gasoline prices are relatively high, a factor in travel prices that are projected to be about 3 percent to 4 percent higher this year.

The tough economic times likely will lead to reduced travel as people cut back on discretionary spending, the report said.

So what does the State of Michigan propose to boost tourism?

The state may attempt to counteract some of the economy’s negative effects on tourism through more advertising.

Gov. Jennifer Granholm has proposed increasing funding for business and tourism marketing by $60 million over two years. Current funding is about $15 million per year after an increase in 2006.

Spending tax dollars, money filched from every Michigan individuals’ pocket, on advertising the State of Michigan as a tourist destination is NOT a solution.  If the State of Michigan professional jobholders actually wanted to increase the possibility of individuals traveling to Michigan, instead of spending filched money on advertising, they should eliminate the state’s gasoline tax so the individuals they propose to advertise to could instead afford to get in their cars and drive to the Great Lakes State.

Report: Michigan Tourism to Decline

Posted by on 04/16 at 06:25 AM

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