Time for the Michigan Comeback - Let's get "fiscally" fit and create jobs in Michigan.
-First up, we need to change the way we manage our finances in Michigan. Our State needs business style management, with quarterly survey of Michigan companies to identify trends, two year budgets, and no new programs unless other are eliminated or revenues grow.
-Second, we need to right size the budget and state workforce to reflect the times and make the structural changes necessary. Michigan faces a $6 billion shortfall by 2017. Employees have to pay more for benefits, and legislators need to eliminate the lifetime health benefit. Provide incentives and tools for structural changes, not more state mandates.
-Make Michigan taxes competitive - reduce the Michigan Business Tax, provide a more stable and predictable tax system. Make sure our tax changes do not exacerbate the structural deficit we now face from years of quick fixes.
-Once we get our fiscal house in order and start to grow the economy - then we can make investments that have long term impact. We can focus on higher education, infrastructure, and the Great Lakes.
-Going forward, we need to develop University and College - business partnerships, focusing on attracting companies and retaining our talent. Keeping more of our Michigan young people in our State, expanding business incubation and growing the venture capital capabilities. Let's leverage our Michigan engineering and manufacturing talent, and promote agriculture and tourism.
It's time to get to work and get Michigan growing again.