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Michigan Governor Wants 'Open Source' Economic Model

Posted by timothy on from the for-some-values-of-open-source dept.

An anonymous reader writes "Incoming Michigan governor Rick Synder spoke in Kalamazoo, MI today and says he wants to use an 'open-source economic development model' to help repair the battered down state. Perhaps during his time as president of Gateway he saw a benefit to the open source model, but can it really be successfully applied as an economic model?"

2 of 237 comments (clear)

  1. Re:Here's my model by drsquare · · Score: 5, Insightful

    But what if borrowing leads to more growth that pays off the debt? What if cutting spending in a depression lowers economic activity and therefore tax revenues? What if interest rates are low enough to make it non-sensical to pay more than the bare minimum?

    Your model may work for a household, but not a government.

  2. Re:Already has 300+ years of development by drsquare · · Score: 5, Insightful

    I think they did, and the market sent all their jobs to the third world.