Economic growth starts with the individual, not the state
MLive columnist Rick Haglund is skeptical about the state’s choices of favored industries, noting that much of the Michigan Business Development Program subsidies go to manufacturers. “[D]eluded by the recent resurgence of manufacturing jobs, state policymakers are doubling down on promoting Michigan as a state that makes things,” he writes.
However, everyone should be skeptical of the idea that the state can lead economic growth at all.
Michigan’s industrial mix is not the result of decisions made in Lansing. It is the result of millions of people using their skills and knowledge in the most effective way they know how to better serve each other and themselves.
View the full this article by the Mackinac Center for Public Policy for more information on economic growth.
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