As a native Michigander, I have maintained for a long time that Michigan is a nice place to be from and not in. On 1/11/07 in East Lansing, Dr. Don Holocek made the following observation while contrasting the State’s economy with the national economy.
The State of the Michigan economy is a totally different story. It has yet to recover since the last recession in 2000-2001, wasn’t strong in 2006, and is expected to stay weak for at least the next couple of years.
http://www.google.com/search?q=cache:KlICbGaxxhYJ:www.tourismcenter.msu.edu/Publications/Economy-Tourism-EventsIndustry-Jan-2007.pdf+michigan+economy+2006&hl=en&ct=clnk&cd=52&gl=us&client=firefox-aHere’s
Here’s a WaPo article on home foreclosures in the state.
Here’s what a favorite columnist of mine said in early December:
You know Michigan’s economic situation has to be fairly grim when Comerica’s chief economist begins his monthly newsletter with these words: “Don’t give up hope.“
http://jackshow.blogs.com/jack/2006/12/essay_michigans.html
Finally I will conclude with the words of another M.S.U. economist. Here’s a blurb from the publicity of Charles Ballard’s book:
“Half a century ago, the world was knocking on Michigan’s door. But yesterday is gone, and it is not coming back,” Ballard says. “If the people of Michigan are to achieve a brighter economic future, we will need to develop new ways of thinking, and new ways of engaging with the rapidly changing global economy.”
http://spartanpodcast.com/?p=197
All in all, it seems to me that the situation in Michigan in general (and its urban areas, in particular) is quite grim.
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April 3rd, 2007 at 7:01 am
[…] On Saturday, I wrote about Michigan’s economic situation. Today, WaPo writes about various mining proposals in the U.P. Check it out. Like much of Michigan’s Upper Peninsula, Marquette was built on mining. Thousands of Irish, German, Polish, Italian and other immigrants arrived here in the late 1800s and early 1900s to forge new lives in the copper and iron mines.As mines closed during the mid-1900s and many residents fled to the auto industry in Detroit, the town and the region struggled. […]