The Michigan Economic Development Corporation is the state agency delegated by the Legislature to distribute selective subsidies and tax breaks to a relative handful of corporations and developers.
A Dec. 2 press release issued by Gov. Gretchen Whitmer's office extolled a decision by MEDC officials to give $240,000 to a company called Auto Supplier TÜV SÜD America to set up a battery testing facility it says will create 40 jobs in Auburn Hills.
In 2019, Michigan’s economy lost 805,976 jobs. In the same year, the state gained 820,173 jobs, in an economy with 4.4 million jobs. As of October 2021, there were 4.2 million jobs in this state.
Michigan Capitol Confidential is the news source produced by the Mackinac Center for Public Policy. Michigan Capitol Confidential reports with a free-market news perspective.