Michigan and the Knowledge Economy
16th June 2009
As recently as 2000, Michigan ranked 16th in terms of per capita income. Today Michigan ranks 33rd, with its per capita income 11% below the national average — the lowest it’s been since the federal government started keeping figures. Over those same years, Michigan has steadily hemorrhaged jobs.
Michigan’s economy is in the toilet because it’s run by tax-and-spend Democrats — and Michigan voters keep hitting themselves in the head with a hammer hoping that that will somehow make the pain stop.