Turns out that California since 2010 has contributed 20 percent of the country's GDP growth with 12 percent of the country's population. As we explored previously this growth occurred primarily after California passed a major tax increase in 2012. And was…
In our last post we looked at the unacceptable increase in poverty in Michigan that has occurred over the long term. From 1969 to 2014. Its a consequence of Michigan becoming structurally a low prosperity state. After have been a…
Data are now available for 2014 for per capita income and education attainment by state. Michigan ranks 35th in per capita income and 34th in the proportion of adults with a four year degree or more. Michigan is now structurally…
For most of the 20th Century Michigan was one of the nation's most prosperous states. Largely because the auto industry employed hundreds of thousands at high wages. Anchored by blue collar factory workers. Michigan's prosperity was highly correlated with how…
The well-respected Tax Foundation recently released their 2015 State Business Tax Climate Index report. Michigan is rated the 13th best business climate in the country. The same ranking Michigan had in 2013 and 2014. In 2012 the state ranked 27th.…
No matter who wins next week's elections for Governor and the state legislature those elected will be taking over a state economy that is a national laggard. The best evidence of that reality comes from the recent release by the…
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…
As we explored in our last post being in the top ten in business cost rankings has little or nothing to do with Michigan families ability to pay the bills or save for their kids college or their retirement. (As…
Nearly a year ago I did what turned out to be one of my most popular posts which looked at how states ranked highly by the Tax Foundation did in terms of economic performance. Its time for an update. Then,…