The Mackinac Policy Conference brings forward something new this season — optimism. The state of Michigan has been hammered in the past eight years by the upheaval of the car industry and the nationwide injury of the global financial meltdown. Unemployment has been substantially greater than the national average, the town of Detroit has hemorrhaged deficits, and the state’s levels of support for advanced schooling, K-12, and community health have plummeted. The annual plan meeting of the Detroit Regional Chamber of Business has shown a lot of this bad information for days gone by eight years.
This calendar year, though, the disposition seems to have changed. There is certainly optimism being indicated that Michigan is on the highway back to growth and a higher level of wealth. Presidents of the University of Michigan, Wayne State University, and Michigan State University talk about the impact created by university research (about two billion dollars yearly, producing a lot of new discoveries and patents).
The Governor discusses reform of the Federal government and a business-friendly environment because of several recent taxes reforms, and talks about the need for education in any way known levels. And business leaders, including Bill Ford Jr., talk about the recovery of Michigan’s businesses and innovative manufacturing. Michigan has the foundations in place for a far more prosperous future. Just how much credibility does this new optimism have? A couple of actions are positive certainly.
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