State Budget Part II
I had a chance a few weeks ago to lay out for the State Board of Education how I would deal with the state's long term structural budget deficit. Here is the agenda I presented: 1. Restructuring the Michigan tax…
A Budget to Grow the Michigan Economy
Balancing the state's budget in an era of substantial, structural revenue decline is difficult. The bottom line, is getting poorer is hard. You have to give up a lot that we have enjoyed for years. But when you go from…
Public Investments, Part III
So if the prestigious Milliken/Blanchard panel laid out a framework for state policy makers on tax and spending policies that will help grow the Michigan economy, why have their recommendations been ignored? I think there are three main reasons: 1.…
Public Investments, Part II
So if public investments are the key to better position Michigan to prosper in a knowledge-based economy what should policy makers do? The framework for action was spelled out by the Milliken/Blanchard panel in 2007. A group of bi partisan…
Public Investments are the Priority
Just back from a week in beautiful – but rainy – northern Michigan. As I was leaving I circulated a terrific column by Rick Haglund (read it here). It once again provides evidence that lower taxes is not a path…