David Littmann, senior economist for the Mackinac Center, was a guest on "The Frank Beckmann Show" on WJR AM760 Monday morning. He discussed Michigan's economic woes and proposed spending cuts Gov. Jennifer Granholm is said to recommend in her "State of the State" address Wednesday night.
Michael LaFaive, director of the Morey Fiscal Policy Initiative, told The Detroit News that he is impressed by Gov. Granholm's calls to offer retirements incentives for state employees and restructure parts of their benefits. "It appears she wants to make the tough calls that will reduce the cost of government."
It may be too little, too late, however. LaFaive explained in a different Detroit News story that Granholm overall has relied on "symbolism over substantive policy," whose focus was on "job announcements, not real jobs."
Get insightful commentary and the most reliable research on Michigan issues sent straight to your inbox.
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.
Please consider contributing to our work to advance a freer and more prosperous state.