Lou’s Alma College commencement speech

Lou delivered the commencement address to the 2014 graduates of Alma College. The speech focused on the job market the graduates are likely to face over the course of a forty year career. Making the case that the four year degree the graduates have earned is the most reliable path to a good paying career.  And that the liberal arts…

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The futility of resisting new realities

Policy makers on a bi-partisan basis continue to try to recreate the economy of the past. Lets start with the basic facts from our latest report: The New Path to Prosperity: Lessons for Michigan From Two Decades of Economic Change. The chart below summarizes job growth in America from 1990 - 2011. As you can see over more than two…

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College attainment and prosperity

At Michigan Future our goal for the state is high prosperity. A place, once again, with a broad middle class. A status we enjoyed for most of the 20th Century. But now have lost. Prosperity is best measured by per capita income. What we have found is that with the exception of a few states that enjoy high per capita…

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On the wrong track: Michigan education policy

Two new reports make clear again that Michigan is on the wrong track when it comes  to education policy. Both k-12 and higher education. Given the increased alignment between education attainment and state economic prosperity, getting education policy right should be an economic growth priority. As reported by DBusiness a new study from Demos ranks Michigan 47th for higher education…

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43rd and falling?

As we explored in my last post on the best measure of employment––the proportion of those 16 and older with a job–-in 2013 Michigan ranked 43rd. Clearly not something to celebrate. To make matters worse there is a good chance that things will get worse, not better. Take for example the future job growth projections done for the Michigan Economic…

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