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
- Londonderry's Aliza Simpson chooses UNH for basketball - 0
- H.S. Football: Knight leads South past North - 0
- H.S. Football: Trinity, with all the trimmings, runs past Central - 3
- Unchained following 34 years, Thursday's Turkey Bowl is Paul Boucher's last game - 1
- Roger Brown's First & 10: Motivation aplenty for Central and Trinity in Manchester's annual Turkey Bowl - 3
- Martinez, Rodriguez lift Salem past Lawrence - 0
- Roger Brown's First & 10: On any given Thursday - 0
- Roger Brown's First & 10: Crimson glide - 0
- Roger Brown's First & 10: This year, No. 1 is a no-doubter - 1
READER COMMENTS: 1
- UNH unveils new 'shield' logo - 23
- Winter storm pushes up East Coast after weekend blast - 0
- Police looking for information about blood on Pelham road - 0
- UNH drops Saturday night game to BC, 2-1 - 0
- Patriots stun Cleveland in another wild comeback - 1
- Mass. man says he may have seen missing Conway girl on video - 2
- 'Unprepared' Canadian hikers rescued from Mt. Washington - 2
- Vemont pair killed, Sunapee man hurt in crash on I-89 in Lebanon - 0
- Napoli returns to Boston with two-year deal - 0
UNH unveils new 'shield' logo
Word of Abby's letter spurs tips of no use
UPDATE: 2 dead in I-89 crash in Lebanon, highway northbound restricted to one lane as of 8:20 p.m.
UNH unveils new 'shield' logo
Reams threatens to sue county commissioners
Dover police arrest 3 on drug charges
UNH lecturers seek to unionize