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NEWS TIPS!RightMichigan.com
Who are the NERD fund donors Mr Snyder?Tweets about "#RightMi, -YoungLibertyMI, -dennislennox,"
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Detroit Free Press: Granholm Has Been A NightmareBy Theblogprof, Section News
Cross-posted at theblogprof
OK - that's not exactly what they said. It's more subtle but basically they let through a quote that said as much. The article is titled: State's economic recovery expected to start next year. Comerica Bank's chief economist predicted Friday that Michigan's battered economy will finally start to recover next year, aided by a rebound in the national economy."This long nightmare now in its sixth year..." What happened around 6 years ago? Thinking... thinking...
Oh yeah - the Granholm inauguration! This must have squeaked by the freep sensors, but what Comerica's chief economist basically said is that Granholm's handling of the economy had been a nightmare. And he's absolutely correct!
How does one create "a business environment that nurtures growth?" How about getting rid of the MBT and it's ugly cousin the MBT surcharge? How about getting rid of income taxes entirely, as it is a disincentive to generate income? All of these taxes can be replaced by a fair tax. MI Fair Tax has a decent website, so go check it out, but here's the gist of it: Of course, it won't make as much of a difference as I would like without spending cuts. Spending has simply been out of control. During the last 6 'nightmare' years, spending has increased every single year at the same time as jobs have been lost, again every single year. You could just see the trainwreck developing. It was unsustainable then and it has come time to pay the piper. That being said, it's hard to imagine Michigan coming out of this 6-year recession until Granholm leaves office. So we're talking 2011, not 2010. And that's at the earliest. Johnson seems to be under the illusion that Michigan's economy will follow the nations. that has proven not to be so the last 6 years as we have remained in recession during good economic times elsewhere. In addition, the national economic outlook is worsening. (U.S. jobless rate jumps to 9.4 percent; stimulus a proven failure; MSM whitewashing) The 2010 election cannot come soon enough!
Detroit Free Press: Granholm Has Been A Nightmare | 1 comment (1 topical, 0 hidden)
Detroit Free Press: Granholm Has Been A Nightmare | 1 comment (1 topical, 0 hidden)
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