Michigan’s Economy Isn’t Great For Everyone

If you listen to this week’s LOL podcast, I speak with Lou Glazer, who is the co-founder and President of Michigan Future, Inc.

We discussed a piece that he wrote for The Bridge Magazine, detailing how Michiganders are lagging behind the rest of the country in wages,per-capita income, higher education, and more.

He blames it on years of creating economic policies that have been proven to fail. Rather than shrinking government, or showering corporations with extra cash with the hopes it will bring job creation, Glazer argues that we’ve got to start investing in Michigan again.

That’s the only true way to fix the talent gap, and to not only attract new people to Michigan, but keeping Michiganders in Michigan!

I know, radical, huh?

Glazer:

…we need a new economic strategy in Michigan. One that starts with making raising household income for all the state’s economic mission. Income – not employment or growth – needs to become the focus of economic policymaking.

The first step though is to end the self-congratulations among far too many of Michigan’s political and business elites who think just because the unemployment rate is low and they and corporate Michigan are doing well that the Michigan economy is a roaring success.

It isn’t.

There’s so much to do to fix Michigan.

Unfortunately, one party in Michigan is interested in impeaching their political opponents because they couldn’t win at the polls.

-Pat

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