OUTSOURCING VS INSOURCING, is the new OFA vid to hit Romney on the villainy of sending American jobs overseas to low-wage countries so that plutocrats and their allies could plunder and shut down the high wage manufacturing jobs that Americans enjoyed until.... And so forth. Spoke Paul Vigna and Phil Izzo of the WSJ re the surprising ISM number going under 50 for the first time since April 2009. I am this week in Bozeman, Montana, at PERC (Property Environment Research Center) speaking with young, ambitious, enterprising young people from the US, Canada, overseas, who aim to enrich natural resources, the environment, wildlife, water and air, all these natural gifts, by finding a way to make a market. This model works for fisheries, instream use, fowl and game, also land reclamation, ecological restoration; and it is a model that produces profits for all around and enhances the ecosystems. In sum, they aim to make money for themselves and partners. Those are sophisticated jobs. What Michael Boskin of Hoover tells me is that POTUS does not understand private enterprise, that he lacks a sense of the scale of enterprise. That POTUS does not know what it is to invest in order to create. Boskin urges immediately four policy changes by the Obama Administration or its successor: 1. Bush tax cuts permanent. 2. Pipeline extended and permitting for Gulf sites hasten an simplified. 3. Tax reform and deficit reduction following Simpson-Bowles outline. 4. Leading the Doha round to loosen all trade scenarios and discard growing protectionism. These are practical steps within easy walk from the Oval Office. In January or now? The June ISM was a warning like a 12 alarm fire. Manufacturing diving means the service sector follow. I see three-quarters empty parking lots at Home Depot and Lowe's in Bozeman and empty parking places at Marriott Residence and empty lots at competitors during the tip of the driving season. Warning. Also, spoke Chuck Blahous, Hoover, reports that the unnoticed (so far) breaking news from the ACA SCOTUS decision, was part two, the 7-2 decision to undo the Fed ability to punish states for not accept the ACA expansion of medicaid. This twist means that the states that opt out will have Medicaid recipients who make a market and choose the Fed exchanges over the state medicaid plans. This will run out of money by 2018, because the ACA mandates a limit to the costs of the ACA at .502% of the GDP. Confused? Nah. The WHite House, Blahous tells me, just figured out that it is boxed in. The CBO is running number now. Hilarious. Warning. Mr. Insourcing is about to get outsourced to the Ex circuit.