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Archive for May 27th, 2007

Presidential candidate and Congressman Ron Paul (R-Tex) will appear on Free Market News Network’s “Wake Up with Pat Gorman” Internet-based “live” radio program on Thursday, May 31. Questions and comments from viewers via phone and email will be accepted.

Ron Paul’s message of free markets and small government has been lighting up the Internet. He has won poll after poll, even though the mainstream media have yet to recognize him as a serious candidate, let alone a front runner.

“We are pleased that Ron Paul has taken time out of his busy schedule to appear on FMNN’s new program, Wake Up America, with Pat Gorman,” said CEO Donald J.(Jim) MacKenzie. “Dr. Paul is an FMNN commentator and his message naturally compliments the coverage that FMNN gives to the development and success of free markets around the world.”

Wake Up America airs at 2PM EST, and listeners can gain access to it via a real-time portal at FreeMarketNews.com. Programs are archived as well. The program regularly features guests with skills pertinent to areas of “personal responsibility,” - along with free-market news and information provided by FMNN reporters and commentators.

FMNN: Free-Market News Network, Corp. offers socio-political, economic and investment coverage from a free-market viewpoint with a global reach.

Source: News & Events - Free Market News Network

Buffalo’s Economy

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Today in Buffalo Business, is an article about the difficulty in wooing retailers to Buffalo. One of the reasons cited is our region’s relatively low average weekly wage of $689. I’m sure a large number of private sector workers are looking at that figure and saying, “holy shit, I don’t make anywhere near that much money!”

Government employment accounts for 17% of local jobs. The Buffalo area not only has some of the highest paid government workers nationally, it has an abnormally large number of public employees per capita.

Chances are good that if you make the average salary for the area, you are a government employee. If you make more, the chances that you work for the government are greatly increased.

The private sector economy has basically become a serfdom working for low wages to support the 17% who work for the government. That is why few people have enough discretionary income to lure Ikea and other large retailers to Buffalo.

The politicians make it look like they are doing you a favor by luring Bass Pro. The truth is, they need to use $25 million of your money to get them here because it wouldn’t be financially reasonable for Bass Pro to locate here without massive subsidies. The politicians are not helping the economy with subsidies and redistribution of wealth, they are just trying to protect their own asses by putting up the appearance of doing a good job. Yes, Brian Higgins, that means you.

Not to single out Higgins, most local politicians are playing this game, it is just that Higgins has moved on to the next level. If the politicians wanted to actually do something to improve our economy, they would have to acknowledge the need to slash the size and compensation for local government.

The voters bear much of the blame because they keep voting the same people into office.

[tags]Buffalo, New York, economy, government, employees, salaries, compensation, Brian Higgins[/tags]