ICYMI: The WSJ Blasts Whitmer’s Corporate Handouts
Lansing, MI – Yesterday, The Wall Street Journal Editorial Board released an editorial blasting Governor Gretchen Whitmer’s record on corporate handouts. The board started by calling the governor out for substituting actual economic policy with her cash-for-corporations plan:
Michigan’s Democratic Gov. Gretchen Whitmer just finished a jaunt to Europe to attract business to her state, and if only she could be counted on to lure them with good policy instead of taxpayer money.
The editorial also brought up a report by James Hohman of the Mackinac Center for Public Policy, which points out that almost none of the jobs Whitmer has promised have been delivered:
Mr. Hohman focuses on eight of the biggest projects, which put $2.7 billion of taxpayer money on the line. Some $1.8 billion has been paid out, and “none of these deals have delivered what was originally announced,” he writes.
Of 20,595 jobs promised from these deals, only 602 have been created—a mere 3%, estimates Mr. Hohman.
The Wall Street Journal also mentioned Whitmer’s atrocious record on job creation policies and how those policies have driven jobs from the state:
The true incentives for job creation are sound policies that encourage investment and hiring. Ms. Whitmer hasn’t helped by repealing the state’s “right-to-work” law that let workers choose if they want to join a union. She also killed an income-tax cut in 2023. Michigan’s corporate tax rate is 6%, higher than the rate in nearly half the states.
You can read the whole piece here.
“Gretchen Whitmer has time and again pushed policies that destroy Michigan’s economy while simultaneously giving out billions of taxpayer dollars for her ‘economic development’ boondoggles,” said Gabe Butzke, a spokesperson for Michigan Forward Network. “Maybe now that the national media has pointed it out, the governor will acknowledge that she has destroyed Michigan’s economy, though we won’t hold our breath.”