This Isn't Good
I stole this from the crazychica blog.
As if the economy in Michigan was not bad enough already with the auto companies making cuts left and right. The city of Ann Arbor is losing their biggest taxpayer and (likely) their largest private employer. At this rate, half of the state will be unemployed by 2009. This is really sad news for Southeast Michigan.
Gov. Granholm and the mayor of Ann Arbor must really be worries today about how they are going to compensate for lost tax revenues and higher unemployment rates in the near future. Hopefully Ann Arbor can find a way to use the massive Pfizer plant soon .
Mouse - I assume this is big local news tonight? What's the reaction in AA? This will make it even more difficult to keep U-Michigan graduates from leaving the state in the future. That is, unless you want to buy a 5,000 sq ft house for $10,000.
As if the economy in Michigan was not bad enough already with the auto companies making cuts left and right. The city of Ann Arbor is losing their biggest taxpayer and (likely) their largest private employer. At this rate, half of the state will be unemployed by 2009. This is really sad news for Southeast Michigan.
Gov. Granholm and the mayor of Ann Arbor must really be worries today about how they are going to compensate for lost tax revenues and higher unemployment rates in the near future. Hopefully Ann Arbor can find a way to use the massive Pfizer plant soon .
Mouse - I assume this is big local news tonight? What's the reaction in AA? This will make it even more difficult to keep U-Michigan graduates from leaving the state in the future. That is, unless you want to buy a 5,000 sq ft house for $10,000.
posted by GaryGinew at 9:50 PM
3 Comments:
Without major companies to employ the area's engineers and scientists, how is Michigan going to keep its educated citizens from leaving the state? Oh, that's right: they're not (see link):
http://info.detnews.com/weblog/index.cfm?blogid=8983
I wish I could think of an easy answer. No matter where I live, I have the feeling I'll always be a Michigander at heart.
everyone is grumpy and shaking their heads. that's what the vibe is. it was the talk of every meeting I was in today. things do not look good.
On a completely selfish and personal note, I was relieved to find that my uncle (statistician in Manhattan) my aunt (chemist in Groton), my mom's brother and sister, were told their jobs were safe. They were really worried the last couple of weeks. The Ann Arbor closing is unfortunate, especially when you consider that the Pharmacia acquisition happened not so long ago. I wonder what happened to the executives who engineered that deal...
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