America is not the first country to have economic problems, but we can learn from history which  policies do not work.  On Thursday, March 4, 2010, Midland Economic Development Manager Jesse Atwell will explain how Argentina’s failed economic policies mirror the trend in America.  The failure of the Argentine government to respond effectively to its economic problems contributed to an erosion of investor confidence, massive capital flight, devaluation of their peso, and hyperinflation of 3,080 percent in 1989 and 2,314 percent in 1990.  The event starts at 6:00 p.m. at the Bullard Sanford Library, 520 W. Huron Ave. 

Atwell graduated from Michigan State University with a BSBA and managed several Michigan companies before moving to Argentina.  In 1999, he worked for Prestolite Indiel, an international metal component manufacturer in Buenos Aires and became their Managing Director/CEO.  At Prestolite he was responsible for the $175 million multi-plant return to profitability.  He developed Presidential and Cabinet level governmental contacts with Argentine, Brazilian and United States administrations.  His international business experience gives him a unique prospective on economic policies.     

The Western Thumb Tea Party Group is non-partisan and committed to educating  family, friends and neighbors.  Doors open at 5:30 p.m. and the program begins at 6:00 p.m.  Information will be available on health care, 2010 census, and other current events.  The program will conclude with a question and answer period.   Everyone is welcome.