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The Michigan Economic Growth Authority is the state's premiere economic incentive program and accounts for much of the state's "job creation" announcements.
But most of the job gains and losses in the state are unheralded. Consider this chart of quarterly job gains, losses and MEGA announcements.
And even the comparatively small MEGA announcement figures may be overstating MEGA's influence. Only 29.2 percent of MEGA jobs actually show up.
The job gains figures show that there are plenty of businesses willing to locate and expand in the state. The MEGA figures show that very few of them get support from government. The job loss figures show that the companies cutting back account for more of the gains, especially in recent months.
Improving Michigan's economy requires addressing the rules that all businesses face. Here are 101 Recommendations to help the state do just that.
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The Mackinac Center for Public Policy is a nonprofit research and educational institute that advances the principles of free markets and limited government. Through our research and education programs, we challenge government overreach and advocate for a free-market approach to public policy that frees people to realize their potential and dreams.
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