The Recipe to Michigan's Turnaround and Restructuring.

Much have been said about how dreadful and gloomy the economic climate in Michigan has been for decades. There are so many sayings, ranging from "When America catches a Cold, Michigan catches Pneumonia" to "Michigan: The One-State Recession". It doesn't take long for the average citizen and especially an average resident in Michigan to wonder what is the damn problem!

Michigan is a state with tremendous wealth of natural resources and advantages. It doesn't face water shortage issues like Arizona and Georgia, it doesn't face earthquake treats like California, it doesn't face hurricane treats like Florida and Louisiana, it doesn't face flood and tornado treats like many other states as well. So, why is Michigan at such a dire disadvantage on the economic barometer?

The wealth of intellectual resources is as good as any other regions. The Michigan State University/East Lansing-University of Michigan/Ann Arbor-Wayne State University/Detroit corridor compares highly against the Research Triangle of North Carolina (Duke University-North Carolina State University-University of North Carolina at Chapel Hill).

Link to Michigan Future's study

With these intellectual institutions, Michigan should have easily managed to compete against California's Silicon Valley, Massachusett's Route 128 and North Carolina's Research Triangle. It is embarrassing to admit to out-of-state friends and associates that Michigan leadership and government policies continue to shoot itself in the foot by not being "business-friendly". Corporate America largely shuns Michigan, when given a choice of another state. Why is that so? What is your recipe to Michigan's turnaround and restructuring effort?

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