An editorial appearing in The Detroit News yesterday elated Gov. Rick Snyder who wanted to make sure the entire state was aware of the newspaper’s opinion. Overnight the governor posted information about the editorial, which focused on job growth, on Twitter, Facebook and in an email to subscribers to his update messages.
Spurring the editorial was a U. S. Bureau of Labor Statistics report that Michigan has had the sixth highest job growth rate since the recession allegedly ended in 2009. The editorial opines this is due to three major Snyder initiatives: stabilized budget, right-to-work legislation and improved bond ratings.
Businesses typically locate in areas where the taxes are favorable due to the impact taxes have on net earnings that can be passed to stakeholders or reinvested. However personal taxes are also a large factor as corporate leaders want to be able to retain as much of their earnings as possible. This is especially important for LLC and S-Corp entities. Currently Michigan ranks 33rd in per capita tax collections according to Tax Foundation.
In a move becoming more prevalent among Baby Boomers, Snyder posted a link to the article on his Facebook page last night which led to many positive comment, which dramatically outweighed the negatives.
Cory Modzeleski wrote, “I have noticed a tremendous increase in jobs and businesses hiring more often since you've been in office here in the greater Grand Rapids area, thank you Mr. Snyder helping Michigan's job market grow!”
But David Lee Cook wrote that The Detroit News editorial had no facts, despite links to every assertion they made. The comments like this from Cook only brought on a wrath of comments from Snyder supporters collectively commenting on the negativity of the Snyder haters.
Your Examiner validated the links in the online version of the editorial to find that the links were accurate and pointed to reliable and credible sources including private watch groups and the federal government. In an independent review your Examiner found the state’s employment growth has grown from 3.8 million to 4.1 million while the total workers available remained stagnant at 4.7 million according to the annual report from 2010 from Bureau of Labor Statistics to their same report through August of 2013.
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