Manufacturing doubts On CNNMoney, Michael W. Klein of Tuft’s University’s Fletcher School of Business and the Brookings Institution says that manufacturing won’t solve our nation’s economic troubles. He says the growth we’ve seen in manufacturing over the past few years only accounts for 8 percent of all job growth during that time.
Built to fail? In related news, WOOD-TV in Grand Rapids, Mich. looks at the state’s resurgent auto industry, and wonders what ever happened to diversifying the economy.
Nerd talk Marketplace Morning Report is in Michigan this week. This morning, host Jeremy Hobson talks with Michigan Governor Rick Snyder about the state’s recovery. Snyder says it’s all about “relentless positive action.”
Going, going, still there … The Chicago Transit Authority has $70 million dollars worth of spare bus and train parts that it doesn’t need. Partner station WBEZ reports CTA will try to auction the parts to salvage some cash.
Headed south Northeast Ohio is losing about 140 jobs to Kentucky.
Homeless tax Partner station Michigan Radio reports that Kalamazoo, Mich. is considering asking voters to raise taxes to help the homeless.
Not so elite The Detroit News calculates what it takes to be a 1-percenter in Michigan. Turns out, it takes a lot less than it does in the rest of the country.
Nom nom nom IT’S PACZKI DAY!