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Monday, July 5, 2010

Reverse Auctions for Government Jobs?: Newt Gingrich Proposes a Radical Idea

Newt Gingrich in 2007 in Washington, DC at the...Image via Wikipedia

OK, here's a interesting idea that - depending on your perspective, your political philosophy, and perhaps your "compassion threshold" - might be right - or wrong - for our times. Former Speaker of the House Newt Gingrich has proposed what is no doubt a rather radical idea - letting prospective, qualified workers compete in a reverse auction for government jobs. He summarized his thoughts on this speaking of conditions in Michigan, which are really not that different than in many parts of the country, by stating: "In an era of 15 percent unemployment, he said, "people would be willing to do the job for half the current rate and be relatively happy to have the job."

Read the full article from the Great Lakes Technology and Innovation Report at Gingrich: China Is Michigan's Yardstick - WWJ Newsradio 950

This should draw some interesting takes - post your thoughts here. Is this a bridge too far - or matching a technological solution to the economic conditions we face, where individuals need work and governments need to save money?

David
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