it seems to me that the issue now becomes talent. a lot of talent has left, and the money you save in starting a company will probably need to be spent in getting talent to detroit.
That's where you're wrong. Population of the greater Detroit metropolitan area is 5.4 million and people forget that when they talk about what's happening in the city of Detroit.
The talent is there and there's a large number of people who have left and would return in a heartbeat if the jobs were there.
Michigan's new governor is a former VC and the state is staking their future on startups and entrepreneurs. He's trying to lower taxes, smaller companies will pay zero taxes under his plan.
However Michigan's unions are fighting him tooth and nail even though he is not challenging their power directly like the governors in Wisconsin and Ohio. So despite the voters giving him a majority in both legislatures he may not achieve everything he wants. What there won't be are the huge government handouts to favored companies that the previous governor was fond of using.
I think this is a bit disingenuous. I highly doubt Michigan's unions are fighting him tooth and nail on plans to lower taxes and ease the burden for smaller companies.
They are, however, fighting him on the ability to deploy to cities in financial disarray state appointed "emergency managers" who can override elected officials and, most importantly to the unions, cut union contracts. [1]
Now, you could argue that the emergency financial manager plan would eventually result in lower taxes and an easier path to success for smaller companies. You could also argue that there are better ways to achieve that same result rather than said plan.
I'm in Lansing and believe me they are fighting him, turning out thousands last week and briefly taking over the capital building. They did it with a phone bank from Washington DC (I received one of the calls as a former MEA member) and those arrested in the building were all from out of state.
What the proposed law does is give some bargaining strength to the state's beleagured cities and school boards. Unions are more likely to reach agreement when there's the threat of the governor appointing an emergency manager. I think the reality is that the governor won't use that power often. A large number of the city's in the state face bankruptcy and that's a lot more unpleasant outcome.
We are faced with some very unpleasant choices in the state. We're in trouble because previous governors from both parties kicked the can down the road with paper fixes. The governor is calling for shared sacrifice and those having to recieve less don't like it one bit.
The biggest problem in doing business in D. is an ever-present Mr. 15% mentality. You won't be able to do much without either:
1. Having friends with connections in the "government" of Detroit or
2. Paying off so that they will get off your back.
I live in Ferndale, but I have an idea that is very suitable for Detroi - but I won't pursue it until there are some more changes happening in the city council.
Getting talent to the region isn't really that much of an issue, its keeping it. There are tons of Univeristy of Michigan grads in the bay area that have started amazingly successful companies, most notably Larry Page. There will always be a strong flow of talent from U of M, its just a matter of convincing some of them to stay in the area.
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it seems to me that the issue now becomes talent. a lot of talent has left, and the money you save in starting a company will probably need to be spent in getting talent to detroit.
That's where you're wrong. Population of the greater Detroit metropolitan area is 5.4 million and people forget that when they talk about what's happening in the city of Detroit.
The talent is there and there's a large number of people who have left and would return in a heartbeat if the jobs were there.
Michigan's new governor is a former VC and the state is staking their future on startups and entrepreneurs. He's trying to lower taxes, smaller companies will pay zero taxes under his plan.
However Michigan's unions are fighting him tooth and nail even though he is not challenging their power directly like the governors in Wisconsin and Ohio. So despite the voters giving him a majority in both legislatures he may not achieve everything he wants. What there won't be are the huge government handouts to favored companies that the previous governor was fond of using.
I think this is a bit disingenuous. I highly doubt Michigan's unions are fighting him tooth and nail on plans to lower taxes and ease the burden for smaller companies.
They are, however, fighting him on the ability to deploy to cities in financial disarray state appointed "emergency managers" who can override elected officials and, most importantly to the unions, cut union contracts. [1]
Now, you could argue that the emergency financial manager plan would eventually result in lower taxes and an easier path to success for smaller companies. You could also argue that there are better ways to achieve that same result rather than said plan.
[1] - http://www.wxyz.com/dpp/news/region/wayne_county/governor-ri...
I'm in Lansing and believe me they are fighting him, turning out thousands last week and briefly taking over the capital building. They did it with a phone bank from Washington DC (I received one of the calls as a former MEA member) and those arrested in the building were all from out of state.
What the proposed law does is give some bargaining strength to the state's beleagured cities and school boards. Unions are more likely to reach agreement when there's the threat of the governor appointing an emergency manager. I think the reality is that the governor won't use that power often. A large number of the city's in the state face bankruptcy and that's a lot more unpleasant outcome.
We are faced with some very unpleasant choices in the state. We're in trouble because previous governors from both parties kicked the can down the road with paper fixes. The governor is calling for shared sacrifice and those having to recieve less don't like it one bit.
fair enough. i just know some people who migrated away from detroit and took their stories as an indicator.
The biggest problem in doing business in D. is an ever-present Mr. 15% mentality. You won't be able to do much without either: 1. Having friends with connections in the "government" of Detroit or 2. Paying off so that they will get off your back.
I live in Ferndale, but I have an idea that is very suitable for Detroi - but I won't pursue it until there are some more changes happening in the city council.
Getting talent to the region isn't really that much of an issue, its keeping it. There are tons of Univeristy of Michigan grads in the bay area that have started amazingly successful companies, most notably Larry Page. There will always be a strong flow of talent from U of M, its just a matter of convincing some of them to stay in the area.