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Michigan Governor Wants 'Open Source' Economic Model
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?"
Maybe what he means by "open source" economic model is that he wants state workers to work for free.
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The venerable Richard Stallman was given complete control of the Kalamazoo government today at which point he announced that -- in order to battle pollution -- the oak leaf will replace the dollar bill inside city limits and the city council's podium will now have timeslices of 15 ms handed out to members (or 'threads' as the new law worded it) that will be violently and forcefully switched out by very strong bailiffs (or 'schedulers'). All city buildings are to be rebuilt in glass to improve the ability to see what goes on inside and very expensive, cancer causing X-ray devices will be issued to citizens so that at any point in time they can check any government official to verify first hand that the official in question is not a member of the lizard people elite that rule the United Kingdom.
After cracking a very strange grin, RMS promised the people they would experience open source in new and profound ways starting today.
My work here is dung.
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.
I think they did, and the market sent all their jobs to the third world.