A new forecast from the University of Michigan found that Michigan's economy is recovering from the pandemic faster than the previous downturns, but inflation and the supply chain are souring perceptions of it.
Today on Stateside , Governor Gretchen Whitmer announced her plan to spend more than a billion dollars in federal money. A reporter talks us through some
Today on
Stateside, a chat with Senator Gary Peters. Plus, how the pandemic changed the workplace and what it will look like if and when we get back in the office. And, Michigan’s history as a stronghold of the so-called “Reagan Democrat” and the new swing voters taking their place. And to top it all off, a St. Patrick’s Day cocktail. And no, it isn’t green.
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Sen. Peters on Michigan s stimulus payout, and bipartisanship in a divided era
Credit Sheila Steele / Creative Commons
Economists predict Michigan’s economic news should improve rapidly the rest of the year. (See report here.)
The University of Michigan’s Research Seminar in Quantitative Economics (RSQE) says the falling number of cases, hospitalizations, and deaths due to COVID-19 plus the vaccinations are good signs.
“That’s the public health reason to be optimistic. And then there’s the fiscal policy standpoint, which is, you know, the federal government is injecting a lot of money into the economy,” said Gabe Ehrlich, Director of the RSQE.
He says people have been bringing in more money than he would have predicted.