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Five MI cities on Forbes' list of 10 worst for jobsBy leondrolet, Section News
Governor Granholm is off on her sixth overseas effort to try to convince foreign companies to invest in Michigan. Granholm will visit Israel and Kuwait after previous trips to Germany, Austria, Japan and Sweden resulted in Granholm claiming that more than 9,000 jobs were created or retained.
How does Granholm work her magic job creation on her overseas trips? By offering Swedes and Germans The Detroit Free Press reported last Sunday how the new Granholm/Dillon Michigan Business Tax is impacting our state's job providers. Below is an excerpt from the article (the headline and subheadline summarize things well):
New tax shocks business owners You can read the full article here: http://www.freep.com/apps/pbcs.dll/article?AID=2008804200667 Meanwhile, Forbes Magazine has compiled a list of the ten worst cities for jobs in the entire United States. Michigan has five cities listed among those ten worst: Detroit, Flint, Warren, Lansing, and Ann Arbor. In the article, Mark Zandi, chief economist for Economy.com cites improving education, infrastructure, and reducing business costs as keys to turning Michigan around. According to Zandi: Finally it is important to keep costs down to try and entice new businesses. Michigan in particular has work to do on this front. Business costs in Ann Arbor, Detroit and Warren are all above the national average.
While education is obviously important to a healthy economy, Forbes' profile of Ann Arbor - the tenth worst job environment in the U.S. states:
The home of the University of Michigan features a highly educated workforce, with 48% of the adult population possessing a college degree, the third-highest rate in the country. Forbes also compiled a top-ten list of the BEST cities for jobs. Among the best is Provo, Utah. According to Forbes: Business costs in Provo are 6% lower than the national average. Good news for employers like Intel and Micron, which created a flash-memory joint venture in the area that started production last year. The venture is expected to eventually create 1,850 jobs with a total investment of $3 billion. You can read the entire Forbes article here: http://www.forbes.com/leadership/2008/04/10/best-cities-jobs-lead-cx_kb_0410jobs.html How can Granholm and Speaker Dillon not see the obvious? When they exempt hand-picked companies from Michigan's full, massive tax burden (like they recently did for Hollywood's film industry) they can create jobs. When the great majority of Michigan businesses don't win the Granholm/Dillon tax relief lottery, Michigan loses jobs. Michigan needs to lose Granholm, Dillon, and their tax hikes if we are to have any hope for economic recovery.
Leon Drolet
Five MI cities on Forbes' list of 10 worst for jobs | 5 comments (5 topical, 0 hidden)
Five MI cities on Forbes' list of 10 worst for jobs | 5 comments (5 topical, 0 hidden)
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