Daniel Howes, business columnist for the
Detroit News, discusses the transition Michigan needs to make from a manufacturing economy to one that is more diverse and knowledge -based.
Excerpt:
First, there is no painless path from
struggling industrial hulk to prosperity, growth and economic
diversity. Second, retreating to the past, where education was devalued
and the factory floor delivered a middle-class life, is and will be a
dead end.
And third, the tax-and-restructuring debate brewing in
Lansing looms even larger than it did 24 hours ago. Policy-makers and
the special interests pressuring them will either lay a foundation for
Michigan's sustained revival or saddle the state and its taxpayers with
short-term gimmicks, more denial, more pandering and more pain.
Read the entire column
here.
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