There’s an old proverb that promises “it is always darkest just before the dawn.” And that might be true. When you’re in a state like Michigan, where things have been as bleak as night for the better part of a decade, though, “darkness” becomes a pretty relative concept...
The news never gets any better for Michigan’s devastated economy or the moms and dads fighting an ever-more-difficult battle to make ends meet in the state with a nation’s-worst 14.1 percent unemployment rate. Yesterday General Motors announced plans to fire another 4,000 white collar workers...
The Obama Administration had announced before unveiling the stimulus package that it would have to be "targeted, timely, and temporary." Last week I wrote about the Heritage Foundation's analysis of the stimulus money failing in these items, this week the USA Today confirms this view. Today...
Posted to
AIP Blog
by
Alexa Shrugged
on 06-01-2009
Filed under: stimulus package, stimulus, michigan, economic recovery, job losses, economic crisis, unemployment, Heritage Foundation
Maybe Detroit isn’t completely hopeless. Maybe? Michigan’s biggest city is also the most dangerous in the country , was ranked by Forbes as the worst big city in the nation for jobs and is the second emptiest in the United States courtesy of a 22.2 percent unemployment rate, the ugliest seen...