In May 2010, in the teeth of the worst Michigan economy in a generation, Fortune Magazine came to Grand Rapids to proclaim, “A Michigan Success Story.” Grand Rapidians have much to point to with optimism and pride, from the construction on “Hospital Hill” to the revitalization of its downtown. But there’s more to the story. A Bridge […]
Posted inBusiness Watch
U.P. escapes property value fall
The Upper Peninsula stands above the rest of Michigan on the map — and above the rest of the state when it comes to property value trends. From 2007-11, nine of the top 10 counties seeing a percentage increase in property value (residential, commercial and industrial) came from the part of Michigan north of the […]
Posted inBusiness Watch
SW Michigan: 'Best of both worlds'
Beaches, festivals and farms are luring Marian Cioe from the streets of Chicago to Michigan’s southwestern shore. Forty-five years after first visiting Southwest Michigan on a business trip, the 66-year-old nurse plans to “live happily ever after” in the Great Lakes State. Cioe is just part of a real estate trend that has set Southwest […]
Posted inPhil's Column
Two movements, one core
To most observers, the Tea Party and the Occupy Wall Street movements could not be more different. The right-of-center Tea Party tends to be tightly focused on taxes and the size and intrusiveness of government. And it has been steadily growing in power, driving its parent Republican Party to the right. It’s a movement with […]
Posted inLand O Links
Land O Links
“Knowledge is of no value unless you put it into practice” — Anton Chekov, 19th century Russian writer. * Noted lefty Todd Gitlin — a senior figure in the SDS movement in the 1960s notes CFM President Phil Power — writes in the New York Times about the Tea Party and the Occupy Wall Street […]
Posted inTalent & Education
Invest in the 4-year-olds
Bridge Magazine’s parent organization, the Center for Michigan, takes quite seriously the challenge presented by the educational needs of the youngest Michiganians. It is a member of the Children’s Leadership Council of Michigan, which just helped organize two hearings (Sept. 28 and Oct. 5) before the House Education Committee. Tim Bartik of the Upjohn Institute […]
Posted inBusiness Watch
The Big Flush: $180 billion vanishes from Michigan
Michigan home- and business owners have lost an astounding $180 billion from the value of their properties over the past four years — the result of auto company bankruptcies, a severe national recession and the worst state economy in more than 70 years — according to an analysis of state data by Bridge Magazine. Adjusted […]
Posted inBusiness Watch
Nest eggs go bad in Oakland County
When Sven Gustafson and his wife Kristen bought a home in the Oakland County community of Ferndale in 2005, it looked like a smart move. Property values had been rising steadily. Ferndale, which borders Detroit along Eight Mile Road, was becoming a haven for young professionals, artists and gay Michiganians — the “creative class” described […]
Posted inTalent & Education
Affirmative action ban exacted price on economy, say critics
Five years after Michigan voted to ban affirmative action by public entities, anecdotes, experts and a handful of hard numbers suggest Michigan’s economy has absorbed hits due to the measure. Proposal 2 — a 2006 initiative which banned race- and gender-based preferential treatment in public contracting, public hiring and university admissions — is back in […]
Posted inTalent & Education
Obama's job advisers note skill mismatch
President Obama has a new report from his Council on Jobs and Competitiveness. (Alert, it’s a 4MB report). Initiative Five in the report will be familiar to Bridge readers: Matching talent to the skills needed in the marketplace. “While the United States has traditionally enjoyed a competitive advantage thanks to the productivity of its overall […]
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