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Michigan must attract talent to achieve goal of high prosperity

Obviously the Michigan economy has been dreadful this decade, primarily because the engine that still drives the Michigan economy is the troubled domestic auto industry.

Michigan has suffered an unprecedented seven consecutive years of job losses. Maybe most worrisome, per capita income is now at its lowest ever compared to the nation.

At the think tank I lead – Michigan Future Inc. – we are working on what comes next. Our goal: a high prosperity Michigan. A place with a per capita income consistently above the national average in both national economic expansions and contractions.

"Michigan’s Transition to a Knowledge-Based Economy" http://www.michiganfuture.org

BY LOU GLAZER

Full Story: http://www.mlive.com/business/annarbornews/index.ssf?/base/business-5/120505921119030.xml&coll=2

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