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Jim Watson is clueless in market economics, Nortel

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Jim Watson, the Municipal Affairs Minister of the government of Ontario is an idiot:

“Nortel is the single largest employer in the city . . . and I was disappointed that there wasn’t more of a coordinated effort, really, from all three levels of government — not just the city — to deal with it,” Watson said.

and the irresponsible journalism that comes out of the Ottawa Citizen belongs in the high school newspaper club:

To be fair, the lack of leadership on Nortel is spread among three levels of government, a point Watson makes. The city should have been making enough noise that other levels of government had to respond. The distraction of Mayor Larry O’Brien’s trial on influence-peddling charges could have been a factor in the city’s failure to focus on Nortel.

Only a free-loading parasite would think that governments should play favorites in any industry. In our global economy, only a clueless buffoon would think that governments could have the ability to fight market forces and insulate a firm from international competition. A government official has no excuse.

Back to International Trade 101, my dear Watson.


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