In 1979 General Motors employed 468,000 American hourly workers. 76 percent of their U.S. workforce. In 2021 General Motors employed 45,000 American hourly workers. 46 percent of their U.S. workforce. Today 24,000 work at the General Motors Global Technical Center…
In our last post we detailed that states with employment most concentrated in production––front-line factory––jobs are all structurally low-prosperity states, with per capita income substantially below the nation's. Those states include Michigan and Tennessee, both with per capita income twelve…
In 2004 Don Grimes and I wrote A New Path to Prosperity?. The report detailed that prosperous states were no longer manufacturing-based states, but were now those over concentrated in knowledge-based industries. In an accompanying Detroit News op ed, subtitled…
Increasingly our public conversation is dominated by claims that workers can do just as well without a four-year degree as with one. As we have explored frequently, pre pandemic––in both good and bad economic times––that simply was not accurate. Those…
In June Minnesota recorded the lowest state unemployment rate ever. An astonishingly low 1.8 percent. In July Minnesota's unemployment rate remained at a best in the nation, record low 1.8 percent. (Ever in the case of state's unemployment rates means…
As Rick Haglund chronicled for Crain's Detroit Business, since General Motors in 1992 chose Arlington Texas over Willow Run for a motor vehicle assembly plant, Michigan’s economic development priority has been to compete for auto assembly and auto parts plants.…
Michigan's low-tax strategy has failed. Since 2000 Michigan has experienced––in good times and bad and no matter which party has been in control in Lansing––far worse than the nation employment and wage growth. In 2000 Michigan accounted for 3.6 percent…
A decade ago in a column for Dome we made the case that Indiana's low tax economic strategy was a failure and would continue to fail going forward. We wrote: The Mackinac Center for Public Policy on Monday is hosting…
The New York Times in an article entitled Jim Farley tries to reinvent Ford and catch up to Elon Musk and Tesla writes: Yet Wall Street still thinks that Tesla, which is worth more than $1 trillion, will dominate the…
Terrific op ed in Crain's Detroit Business by Glenn Stevens Jr., executive director of MICHauto and Britany Affolter-Caine, executive director of Michigan’s University Research Corridor. They write: The most successful strategy to ensure Michigan's long-term competitiveness and economic prosperity is…