Lessons from the Blanchard Administration
In an earlier post we quoted Thomas Friedman and Michael Mandelbaum from their book That Used to Be Us on tax and spending policy. They wrote: … the purpose of the exercise: It is not simply to reduce the deficit but to insure prosperity. Solvency is vital, but it is not enough. To uphold American […]
The increasing value of a college degree
There is growing chorus of policy makers and pundits questioning the value of a college degree. In their telling we have too many, not too few, college graduates. Don’t believe it! A new study, The College Advantage: Weathering the Economic Storm, from the the Center on Education and the Workforce at Georgetown University, provides the […]
More Jim Blanchard, taxes and jobs
As a follow up to my previous post on Governor Blanchard’s record of both raising taxes and a job creator, Don Grimes sent me an analysis of job growth in Michigan compared to the US and the state income tax rates during the full terms of Governors Romney, Milliken, Blanchard, Engler and Granholm and the […]
Jim Blanchard, taxes and jobs
As many of you know I worked for Governor Blanchard, I thought then – and even more so now – he was real good for the people of Michigan. His administration was about one thing: jobs. His record is exemplary. What follows are the facts on the economic results during his eight years in office […]
Optimistic about Detroit
In a recent issue of the Detroiter, Sandy Baruah, President and CEO of the Detroit Regional Chamber (and a Michigan Future Board member) wrote: “Ultimately Michigan goes as Detroit goes. The Motor City must be strong, vibrant urban center for the region and state to compete in the global economy. Detroit has to be the […]
The good of inefficient universities
Higher education is being assaulted across the country, not just here in Michigan. We have been – to our detriment – cutting higher education funding longer and more than others. But now there is a nationwide campaign to question the value of higher education and particularly to attack public higher education. One part of that […]
Taxes, economic growth and budget deficits
Another great New York Times Economix blog from Bruce Bartlett. Highly recommended! Bartlett, as you will recall, is one of the original supply side tax cutters. He served as senior staff to, among others, Jack Kemp, Ronald Reagan and Ron Paul. (By the way, his new book “The Benefit and The Burden: Tax Reform-Why We […]
Marriage, college attainment and inequality
When we started Michigan Future in 1991 we included in our initial presentations on the economy an observation that if you got a college degree (two year or four year) and if you raised your kids in a two parent household you were almost certainly going to be in the middle class. Turns out that […]
Making the case for research universities
Jim Duderstadt, President Emeritus of the University of Michigan, sent me the other day information on a report just released by the Committee on Research Universities of the National Research Council. Duderstadt is a member of the committee. The report and accompanying video are worth checking out. They can be found here. As you know, […]
Cities are in again
Amazing new data from the Census Bureau. 2011 is the first year in a century that central cities grew more than their suburbs. (See this MSNBC story for details.) Talk about a seismic change. Cities showing higher population gains compared to their suburbs last year include Atlanta, Denver, Washington, D.C., Charlotte, N.C., Boston, Chicago, New […]