Thursday, June 02, 2005
 
Government Driving Private Businesses Out of Business
Now that Wisconsin taxpayers, through a special "district," have built a new theatre, an existing theatre group is closing up shop:
    A representative of New Riverside said last month that the arrival of the new Milwaukee Theatre, the taxpayer-supported venue under the control of the Wisconsin Center District, was "driving us out of business." The Milwaukee Theatre opened in November 2003.

    The managers of both venues generally compete for the same artists. In one case, comedian Jerry Seinfeld opted to go with the new Milwaukee Theatre instead of the Riverside. New Riverside officials said last month that Seinfeld rejected the Riverside even though the rental fee was waived.
I hate to see government-benefitted enterprises drive out private enterprises, as they will eventually lead to dependence on the government to provide those services.

Yes, this is contrary to what I wrote in November 2003, when I mocked the Riverside for predicting its own demise because of the competition. But you, gentle reader, understand that I am a finger-in-the-wind sort of guy and not the sort who can find fault in government funding of this sort and in entrepreneurs who claim that competition (government funded or not) will drive them out of business.


- posted by Brian J. @ 8:14 AM
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