Three residential blocks in three different Michigan communities show how the massive decline in property values and the resulting “Shadow Tax Cut” rolled across the state. Bridge looked at residential blocks in two suburbs (Troy and Wyoming) and the capital city to judge how the cut played out for individual homeowners. The figures presented below […]
Lansing
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 inMichigan Government
Oh, horrors, a recall election
The jobless rate in Michigan is above 11 percent (it’s higher than that, but the official rate is 11.2 percent). The Legislature and the Snyder administration have taken budget actions that are leading to cuts in employment in the public sector. The private sector, meanwhile, is caught with the rest of the nation in a […]
Posted inBusiness Watch
All Michigan regions grew in 2010
Michigan’s regional economies surged ahead in 2010, propelled by a surprisingly robust manufacturing sector and solid growth from the “information economy.” The latest figures are a positive pivot from a decade that saw most Michigan regions lag economically. Between 2001 and 2009, 11 of 14 Michigan metropolitan areas recorded declines in real gross domestic product […]
Posted inBusiness Watch
Stomach-churning: Highs and lows in Mich. economy
Michigan has starred in its own disaster movie in the first decade of 21st century. The economic equivalents of F5 tornadoes and magnitude 9 earthquakes have battered the automotive industry and smashed construction work in the state. You knew all that, having lived here. But amid all the destruction there was surprising growth over the […]
Posted inBusiness Watch
Scoring the '00s: How Michigan's 14 regions changed
Despite billions of dollars in construction projects on the University of Michigan’s campus and Ann Arbor’s reputation as a high-tech business hotbed, the regional economy there contracted slightly over the past decade. Gross domestic product in the Ann Arbor metro area fell 1 percent between 2001 and 2009 as several major businesses left town. Pfizer […]
Posted inTalent & Education
CRC reports on what Prop A hath wrought
There’s political dynamite to be detonated in the latest report on education funding out of the Citizens Research Council of Michigan. Not from CRC, mind you. As usual, the invaluable nonprofit, nonpartisan organization does what it does: tackle the numbers and details to show citizens who want to know what is actually going on with […]
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