Eugene David
...The One-Minute Pundit

Friday, February 18, 2011


The con-SER-va-tive Detroit News seems upset that Michigan's new governor wants to slash the movee industry's dole in his state, burying this interesting ditty in the ninth and tenth grafs:

Proponents of the film incentives, including former Gov. Jennifer Granholm, have said the efforts have helped create an emerging industry. An estimated 7,000 jobs were created in Michigan in 2008 and 2009 and more than $300 million was spent on productions in the Great Lakes State in 2010, according to the Michigan Film Office.

A September 2010 Senate Fiscal Agency report, however, found Michigan paid nearly twice as much money in incentives as the industry brought to the state in a two-year period. The state spent $137.5 million to generate $80.6 million in revenue, and the efforts cost taxpayers more than $190,000 to create a single full-time job.


Multiply this by a million and you have our debt boondoggle.

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