Minnesota is a high tax state. Has been for decades. Minnesota is the Great Lakes States best in economic well being and demographic outcomes. Has been for decades. Michigan is not a high tax state. Its taxes per capita far…
For nearly two decades we have urged Michigan economic policy makers to use Minnesota as a model. Because Minnesota across the board has the Great Lakes best economic outcomes. From low unemployment to high labor force participation to better than…
For the first time in a generation Michigan, its schools and local units of government have new revenue for public investments. An unprecedented amount of new money, anchored by the American Rescue Plan funding. Which, of course, raises the question…
In a terrific Washington Post op ed Neel Kashkari lays out Great Recession lessons that should guide us in dealing with our current pandemic-driven economic collapse. Kashkari is president and chief executive of the Federal Reserve Bank of Minneapolis and…
Bob Emerson and John Walsh in a guest column for Bridge lay out a set of principles that should guide Michigan policymakers as they deal with an unprecedented shortfall in state revenue this fiscal year and next. Worth reading! Both…
As Michigan, almost certainly, faces its most serious economic challenge since the Great Depression, it is worth recalling how Michigan has dealt with previous economic downturns. What follows is a rerun of a post I did in 2012 entitled Jim…
Dug Song, co-founder and general manager of Duo Security, in an interview with Crain's Detroit Business, makes the case for higher Michigan taxes. Higher Michigan taxes to invest in education and transit. The two assets that Song believes Michigan needs…
Crain's Chad Livengood begins his story on the new University of Michigan Detroit Center for Innovation this way: Across the Potomac River from the nation's capital, Virginia Tech is developing a 1 million-square-foot innovation campus in Alexandria, Va., that's two…
In an interview with Bridge magazine University of Michigan President Mark Schlissel lays out the case for public investments as essential to the future success of Michigan. Particularly public investments in higher education. Schilissel says: It used to be the…