Home » Opinion » Editorials
Economic shaping: Enough with the industrial policy
Take Annie Kuster, member of Congress from New Hampshire's 2nd District. Kuster last month introduced what she calls the "Workforce Development Investment Act." It would "provide tax credits to employers who collaborate with educational institutions to equip students with the skills they need to compete for well-paying jobs," as her office describes it.
The bill would give businesses annual tax credits of up to $10,000 for things like "(h)elping develop curriculum" and "(p)roviding internships, apprenticeships, or other hands-on educational opportunities for students."
Provide an internship, get a tax credit. Help develop a curriculum that trains people to work at your company (so you don't have to spend money training them yourself), get a tax credit.
Never mind that the New Hampshire Community College System already forges these kinds of partnerships (some of them funded, alas, by a federal grant).
Not to be outdone, Reps. John Cebrowski, R-Bedford, and David Borden, D-New Castle, advocate developing a state industrial policy to both attract and develop high-tech manufacturing businesses.
These are only the latest in the endless series of proposals to use the heavy hand of the state to shape the economy in the way politicians think it ought to be shaped. The economy would do much better if politicians would stop grabbing and pulling and tugging at it and would just leave the people free to reinvent it in ways no politician will ever imagine.
READER COMMENTS: 0
- Rep. Terie Norelli: New Hampshire workers deserve higher minimum wages - 0
- Les Bernal: Why don’t casino advocates and executives patronize casinos? - 0
- David Harsanyi: Do most Americans agree with Demsocrats? - 3
- Sam Cohen: ‘No compromise’ gun groups shoot themselves in the foot - 7
- Kathy Sullivan: Scott Brown’s prospects for a U.S. Senate win are poor - 17
- Deroy Murdock: A 'reset' with Russia that would get Putin's attention - 0
- Helen DePrima: How Obamacare worsened my health insurance - 20
- Jonah Goldberg: On Russia, Obama is stuck in the past - 3
- Ray Wieczorek: Joe Kenney is the man for the job - 1
READER COMMENTS: 0
- Excess school money may target crowded classes in Manchester - 0
- Nashua board members apologize for signingCommon Core letter - 0
- Sen. Shaheen participates in all-night climate change ‘talkathon’ - 0
- Ian Clark's On Hockey: Monarchs' Derek Forbort in the right place at the right time - 0
- Educators, advocates speak to new standards for use of force - 0
- Two Manchester health clinics working on merger plan - 0
- Manchester CrimeWatch: City woman connected to fatal crash in court again - 0
- Franklin’s newest police recruit, a German shepherd pup, can smell trouble - 0
- VFW still eyeing old Crown Hill fire station in Nashua for new home - 0
Allenstown rejects town and school budgets
Crowley elected in Northfield
John DiStaso's Granite Status: Shaheen among speakers at Senate Dems' climate change 'talkathon'