No Way To Run A Railroad

GE CEO Jeffrey Immelt (Reuters, 2011-05-05): "Even though I believe in global warming and I believe in the science ... it just took on a connotation that was too elitist; it was too precious and it let opponents think that if you had a green initiative, you didn't care about jobs. I'm a businessman. That's all I care about, is jobs."

Whatever happened to Cornelius ("The public be damned. I am working for my stockholders") Vanderbilt?

A CEO who cares only about jobs runs a charity, not a business. The same goes for politicians who, in the interest of current recipients of tax subsidies (such as State employees), subsidize inefficient providers of public goods (such as government-operated schools) at the expense of taxpayers, recipients of those services (such as students), and current and potential employees of alternative providers (such as private school teachers).

Meanwhile, from the Milton and Rose Friedman Foundation for Educational Choice comes this news:...
Indiana Gov. Mitch Daniels Signs Historic Voucher Bill into Law
Thursday, May 05, 2011
Milton and Rose Friedman’s vision of school choice for all takes one step closer to reality
INDIANAPOLIS, IN — The Foundation for Educational Choice today praised Indiana Gov. Mitch Daniels for signing the nation’s largest voucher program into law. The School Scholarship Act (House Bill 1003) creates a school voucher program that has the broadest eligibility of any voucher program in the nation.

“This is truly a historic day for Indiana’s children,” said Robert Enlow, President and CEO of the Foundation for Educational Choice. “Gov. Daniels’ signature today puts Indiana at the top of the class for educational choice. Moreover, this sends an important message to families across the country: meaningful education reform is possible. We should never give up fighting for access to high-quality educational options for every child, regardless of family income or where they live.”

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