Plan To Transform Our Economy, Invest In All Our People

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Plan To Transform Our Economy, Invest In All Our People

Plan To Transform Our Economy, Invest In All Our People

Jobs Today, Jobs Tomorrow Plan

A Plan To Transform Michigan’s Economy:

Create jobs today Diversify economy to create jobs tomorrow Invest in all our people

Plan To Transform Our Economy, Invest In All Our People

Improving our Business Climate

Resolved $4 billion in budget shortfalls Cut permitting time Made permits available online Signed 59 business tax cuts

$600 million tax cut for manufacturers Started “Buy Michigan First”

Plan To Transform Our Economy, Invest In All Our People

Connecting Workers to Today’s Jobs

Created the MI Opportunity Partnership

Partnership places qualified workers in jobs today

Helps others gain the new skills they need to get good paying jobs

Plan To Transform Our Economy, Invest In All Our People

Creating Jobs Today

$3.8 billion Jobs Today Initiative

Accelerated 10 years of road and construction projects into a three-year period

Put tens of thousands of Michigan citizens to work making Michigan work better

Plan To Transform Our Economy, Invest In All Our People

Preparing All Students For Success

Goal: double the number of college grads in ten years

Invested in early childhood education

Fought for record funding for K-12 classrooms

Pushed for, signed into law a rigorous core curriculum

Legislature must pass a $4,000 New Merit Scholarship Award

Citizens must defeat MCRI

Plan To Transform Our Economy, Invest In All Our People

Diversifying Michigan’s Economy, Creating Jobs Tomorrow

21st Century Jobs Fund:

Largest investment of any state in economic diversification

$2 billion investment in alternative energy, life sciences, advanced manufacturing and homeland security / defense technology

Plan To Transform Our Economy, Invest In All Our People

Affordable, Universal Health Care

Michigan First Health Care Plan

Will make health care more accessible and affordable for everyone, everywhere

Will subsidize care for those who can least afford it

Will make more affordable health insurance products available to more citizens

Will encourage businesses to offer health care insurance to their workers

Plan To Transform Our Economy, Invest In All Our People

Plan Beginning to Pay Dividends

Placed 107,000 workers in new jobs through the MI Opportunity Partnership

Put 40,000 people to work in the next 3 construction seasons

Received more than 500 proposals for 1st round of 21st Century Jobs Fund funding

Expanded affordable health care and prescription drug coverage to more than 292,000 people

Two investment missions to Japan – convinced 22 companies to create more than 1,000 jobs in Michigan

Plan To Transform Our Economy, Invest In All Our People

Plan Beginning to Pay Dividends

The Big Three have invested over $9 billion in Michigan Denso is expanding its headquarters in Southfield Advanced Photonix moved from California to Ann Arbor BorgWarner moved its headquarters from Chicago to Auburn Hills Bosch built a new technical center in Plymouth Township Kellogg moved its Keebler headquarters from Illinois to Michigan,

creating more than 650 jobs in Battle Creek and Wyoming. Whirlpool is consolidating operations in Michigan from other states,

creating more than 400 jobs in Benton Harbor. American Axle chose to keep manufacturing jobs in Detroit rather than

send them to Mexico.

Businesses Are Choosing Michigan:

Plan To Transform Our Economy, Invest In All Our People

Plan Beginning to Pay Dividends

“One of Best-Managed States” in the nation [Governing Magazine 2005]

#1 U.S. Automotive Power Center [Business Facilities Magazine 2005]

#9 most competitive tax burden [Laffer Associates State Competitive Environment 2006 State Rankings]

#8 competitive business climate, #4 in Corporate Facilities and expansions [Site Selection Magazine 2005]

#2 in capital investment [Ernst & Young 2005] Michigan’s business taxes are lower than other 36 states

[Council on State Taxation, 2005 rankings]

Plan To Transform Our Economy, Invest In All Our People

Plan Beginning to Pay Dividends

Michigan Gets Googled: Google To Open Michigan Facility, Hire 1,000 [Dow Jones]

Google brings in new jobs and hope [Detroit Free Press]

Google likely to unleash our area’s imagination [Ann Arbor News]

Google to Put a Research Center in Michigan [New York Times]

Google's 'hit' on Michigan thrills state, local economy developers [Muskegon Chronicle]

Could Google be engine for Mich. Rebound? [Detroit News]

Plan To Transform Our Economy, Invest In All Our People

BUSINESS MARKETING CAMPAIGN

Market Michigan To Attract Jobs