It resembles the Vietnam era concept that we had to destroy the village in order to save it.

We refer here to the attempts to “save” our economy.

That’s a bit of an exaggeration, but after reviewing SB 600’s 10 pages it’s apparent a sense of desperation has set in. A quick summary of this bill relates to the powers and duties of the state Public Service Commission (PSC ).

But a more accurate summary relates to legislators continuing to give away the state.

What this bill proposes to do is establish a framework that allows energy-intense manufacturers to negotiate special power contracts with utilities.

That is provide certain manufacturers with cheaper electricity if they meet certain conditions.

Those conditions for businesses include using 10,000 kilowatts yearly, energy use accounting for 10 percent of production costs, invest $500,000 in fixed assets in the state and create or keep 25 jobs here. Oh, and these companies must confirm that without a special contract for electricity their operations are at risk.

The special rate cannot exceed 60 percent of what it would pay under a normal rate. You know, the kind you pay. Which leaves us to wonder: Who’s going to make up the difference in what that manufacturer should be paying a utility.

Utilities in our state operate in a market that is regulated by the PSC to ensure they make a profit, after all.

Most of us would agree that electricity rates are not what they used to be for all types of customers.

But isn’t providing industrial customers with a discount going to burden all those residential customers with making up those utilities’ losses?

The Justice administration argues that if this industrial base leaves the state those other customers will have to make it up anyway.

That sounds like something between a bluff and an ultimatum and both look to be sketchy, at best.

If you’re wondering where the representative for residential customers was when this bill was being drafted they apparently were not invited.

In recent years lawmakers have phased out several business taxes, cut others and provided tax credits every step of the way; along with rolling back environmental regulations.

We agree with efforts to foster business investment and operations by addressing certain concerns, such as infrastructure and an educated workforce.

But simple market fundamentals hinge on that business slang we referred to above.

That is, giving away the farm — offering too much service or product for an uncertain return.

And might we add, to the detriment of your residents.

Twilight-zone logic may be commonplace in the fog of war. But we need not surrender our state in order to save our economy.