Economy

WMUK

Tim Bartik says incentives used by state and local governments to lure companies or encourage them to expand are not free. The Senior Economist at the Upjohn Institute for Employment Research says it’s important to find out if the benefit of those incentives is worth the cost.


State Capitol - file photo
Cheyna Roth / Michigan Public Radio Network

(MPRN-Lansing) The state got an idea Thursday of how much money it could have for the next couple years. Economists gathered for the Consensus Revenue Estimating Conference Thursday. 

Michigan's Minimum Wage Increases

Jan 3, 2018
MPRN

(MPRN-Lansing)  Michigan started the New Year with a hike to the state’s minimum wage.

Cheyna Roth / Michigan Public Radio Network

Citizens Research Council of Michigan President Eric Lupher says there’s always a strong constituency for cutting taxes, and for spending more on services such as schools, corrections, and health care. But he says there’s not a constituency for putting money into the “rainy day fund,” to prepare for the next economic downturn.


Romney Office Building in Lansing
Cheyna Roth / Michigan Public Radio Network

(MPRN-Lansing)  A downturn in the economy would quickly drain the state’s “rainy day” savings. That’s the determination of an independent analysis. 

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