Ditch the Dud Department

Picture Michigan's economy as a bad magic show where the state's promising billions in cash and thousands of jobs through rabbit-from-a-hat subsidies, but all that ever pops out is a scrawny half-starved hamster. The Michigan Economic Development Corp. (MEDC) is the taxpayer-funded wizard that's been promising job miracles for years but delivering more flops than a fish on roller skates. Now, a squad of state lawmakers is looking to set that lousy magic hat on fire.

Here are Five Fast Facts on Ditching the Dud Department:

  1. 👀 Job Promise vs. Reality Roast - From 2000 to 2020, MEDC hyped up 123,060 new jobs like it was the next big lottery win, but only generated about 11k, meaning a pathetic 1 in 11 promises actually showed up. Even weathermen chuckle at predictions that inaccurate!
  1. 📝 Bill Bonanza - Reps. Steve Carra and Jay DeBoyer dropped House Bills 5243 and 5244 to straight-up abolish the MEDC and slam the door on state-local economic deal-making, because why keep funding a party where nobody dances?
  1. 💥 Senator's Super Package Punch - Sen. Thomas Albert unleashed a whopping 53-bill blitz to flat out nuke the MEDC and rethink job creation, insisting taxpayers deserve better than "throw money at the wall and hope it sticks" vibes.
  1. 💨 Billions Down the Drain - The agency burned through billions in subsidies for "major deals," but with jobs trickling in slower than molasses in January, even some Democrats are expressing "deep concerns."
  1. 🔍 Crony Coffee Catastrophe - As if the MEDC wasn't in enough hot water, there are also accusations of ridiculous - and potentially crooked - overspending. After all, it's not everyone who splurges $4,500 on a coffee maker, or gets a shady $20 million grant to a nonprofit cozy with Gov. Whitmer's appointees and donors...

🔥Bottom line: So, will Michigan's lawmakers finally pull the plug on MEDC's money-pit circus, or will it limp on like a zombie promising "just one more grant"? With these bills chilling in committee, it's a cliffhanger yet to be written, but we'll keep an eye on it for you! Fingers crossed for a sequel where jobs actually multiply without the taxpayer IOUs because a little free-market fairy dust might just be the very thing we need.

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