The statistics of Michigan show that the path our state is taking is unsustainable, says Michael LaFaive from the Mackinac Center for Public Policy.
New unemployment statistics are the latest in a seemingly endless series of reminders of Michigan’s economic woes and policy miscalculations. The state’s unemployment rate leapt to 15.2 percent in June, the 40th consecutive month Michigan has had the highest unemployment rate in the nation.
I’ve heard from many people about the unions creating the middle-class in Michigan and how necessary the UAW and DFT are to protecting workers. However, at some point one must confront the figures.
The facts are: School districts are on the edge of bankruptcy. The Big Three are collapsing. Dealerships are closing in record numbers.
Our state is doing something wrong. And blame who you will, but it is a fact that the areas of our country doing well (comparatively at least) are the ones with the least taxes and less regulation (Wyoming, North Dakota, Nebraska, etc.).
Not only does Michigan have the highest unemployment rate in the nation, but, according to the Mackinac report:
To put things in even greater perspective, consider that Puerto Rico’s unemployment rate — 14.5 percent — is lower than Michigan’s, the first time it has been lower than any state in the union since 1976, save for one month after Louisiana was blasted by hurricane Katrina.
Also, United Van Lines indicates that 70% of its Michigan-related moves are people leaving the state. Census figures will soon show our population to be shrinking.
People vote with their feet, and their voting against Michigan. When will our policies reflect these realities?