In 2009, Michigan’s economic situation was dire. Almost half of all U.S. jobs lost during the Great Recession came from our state. Per capita income fell below the national average, and our population was shrinking.
At Business Leaders for Michigan, we knew we needed to act quickly. Our members—seasoned business and education leaders—came together to see what they could do to fix Michigan’s troubled economy. The result? The Michigan Turnaround Plan (MTP), a holistic, fact-based strategy for making Michigan a “Top Ten” state for jobs, personal income and a healthy economy.
Since it was first introduced in 2009, much of the MTP has been accomplished, thanks to our business, community and elected leaders—and the hard work of the public. We can see the results—new jobs, higher personal incomes, and population growth. Michigan’s finances are more stable. Our tax system is fairer. The state’s long-term debt has been reduced, and unnecessary regulations have been eliminated.
Michigan’s turnaround is well underway. But we can’t stop now. We’ve laid the foundation to build a New Michigan—a “Top Ten” state that produces more good jobs, higher incomes and a healthy economy for years to come.
Our New Michigan Plan lays out the crucial steps to reach that goal. It’s a shared playbook we can use as we work together to make Michigan a winner over the long term.
You hold the keys to a New Michigan in your hands. Join us, and we’ll build it together.