While you were out … the state of Michigan has turned into an economic hell-hole.
It’s too bad. Michigan is a nice place, with a lot of natural beauty, and Great Lakes on three sides. But the place is slowly being destroyed economically, due to a deadly combination of too much reliance on a very sick auto industry, and high taxes, and big government, and excessive union power.
So those who can leave, do. Every 12 minutes, a family leaves the state of Michigan. 5 families per hour, 24 hours a day, 7 days a week. Do the math. That’s 840 families every week.
And it’s no wonder. Taxes are a strong disincentive to invest, to run a business, to work or raise a family. Raising taxes chases away the people who pay into the system but get very little out of it, leaving behind those who depend on that system–government largesse–for their livelihood. It’s a recipe for failure.
And Illinois, which is right now facing some big financial burdens, has the same tendency to “raise taxes first and ask questions later”. So does the U.S. government.
They might want to take a look at Michigan’s situation. And you might, as well. If raising taxes to address budget problems works so well, why do they have to keep doing it?