Today it was announced that Michigan’s unemployment rate hit 11.6%. What is governor Granholm’s reaction? She announces her support for an increase in gas taxes! Great idea! She has already succeeded in increasing the income tax by 12% and increasing business taxes by 22%. That seems to be working out really well. Not....
Read more »
There seems to be some confusion lately about the state’s general fund budget. Have there been cuts? Has revenue gone down? Are $440 million in cuts necessary to balance 2007-2008′s budget? What is the impact of the new $1.5 billion in taxes just passed by the legislature? The Budget We’d like to go through...
Read more »
Our state government shut down this morning at 12:01 am and remained shut down until 4:18am, when two Senate Republicans broke ranks and voted in favor of $1.5 billion in tax increases. Freedom rang across the land for 258 minutes, but alas, the politicians relented and voted to destroy more jobs by raising our...
Read more »
For those that still think that the state government has “cut to the bone” with no more that can possibly be cut, and that our income tax should be raised from 3.9% to 4.6% (as the Governor is pushing for), check out the below news clip from WXYZ in Detroit. The short introduction is...
Read more »
Both the Detroit News and the Grand Rapids Press have articles today about the apparent near-meltdown occuring in Lansing over the state government’s budget. Apparently, late last night, the State House was flooded by all members of the State Senate, along with the Governor, in an effort to get the members of the House...
Read more »
State government is having a tough time these days. The Governor and Legislature are arguing over how to close a supposed $940 million deficit for this fiscal year (which ends in September). But wait. As GR Pundit readers already understand, the way government budgets its money is different from how normal people and companies...
Read more »
GR Pundit would like to express contentment with the outcome of the elections in Michigan this year. We have been in favor in a split government, that’s why we weren’t very big fans of a DeVos election. The re-election of Jennifer Granholm will ensure that continued split, with the addition of a Democrat-controlled State...
Read more »
It’s official, the Granholm campaign has jumped the shark. In their desperation to find one thing that Amway manufactures in China, they’ve found it – tissues. According to the Detroit News, the Chairman of the Michigan Democratic Party, Mark Brewer, says that he is in possession of a packet of facial tissue from Amway,...
Read more »
Governor Granholm’s State of the State speech was a surprising call for expansion of government, even for our current governor. According to the Mackinac Center for Public Policy, the governor called for 20 expansions of state government and only one reduction in state government. Apparently our governor has yet to take Economics 101. Michigan...
Read more »
MiBiz reports that the job market for the Grand Rapids area is looking up for the fourth quarter of 2005. The trend is continuing in favor of service industries. The construction, wholesale/retail trade and finance/insurance/real estate industries are expected to add the most jobs, with manufacturing staying stable with no growth anticipated. But we’ll...
Read more »
