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Service Club News |
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Kiwanis Club hears State Sen. Pappageorge Democrats as well as Republicans listened respectfully when Republican State Senator John Pappageorge surveyed how Lansing is dealing with Michigan's long economic decline. Speaking to the Royal Oak Kiwanis, Pappageorge began by saying that civilization has experienced three major revolutions: hunting/farming, manufacturing, now high tech. "Michigan has stayed too long in the heavy manufacturing phase," Pappageorge said, and he suggested that too many in Lansing still favor the manufacturing sector "at the expense of small business." We have to move into industries like lithium-ion batteries," he cited as an example. About financial matters, the senator defined "stimulus" as "taking out a loan to pay bills," before, I'm afraid, losing some of us for a few minutes, as he talked of cashflow and moving averages, before moving on to more understandable, if debatable, concepts like:
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Kiwanis Apr 09 |