What should we do for Michigans economy? Try to fix declining auto manufacturing or build hi tech industry?

Question

It seems to me that automobile manufacturing is moving out of state, either out of the country or to souther states. General Motors and Ford ar dying in Michigan, while Honda, Toyota, Nissan and others build new factories all over the southern states. Michigan has great research universities such as Universaity of Michigan and Michigan State which can provide research support and graduate thousands of highly skilled workers for a new Michigan technology industry. Automobile manufacturing employment will continue to decline. But remnants of the industry will still be around for many years, allowing many older workers to keep their jobs. But young people have to realize that highly paid manufacturing jobs for non-college graduates will be a relic of the past.

Answer 1

to help all economies is double employees income then inflate to cover expenses associated to it . and repeat til  there is no more poverty. then all businesses have an equally chance to survive. and all people can afford anything they what. the more people spend the more people make. the less people spend the less people make, til every body's back in poverty . poverty means slavery to me. financial  restriction is not freedom to me.   the waging system in place now promotes high levels of discrimination ie. to qualify, the bar of expectation is set to discriminate, the right not to hire is discrimination. promoting poverty is promoting slavery

Answer 2

I think you answered your own question.  

I agree that with two great universities in Michigan, it could definitely be a new site for high tech jobs.  However, I also think that the automobile industry could be brought back to life by manufacturing new and better cars/hybrids.  Michigan needs to ask itself "why" manufacturing is moving to southern states and/or out of the country.  Maybe it's b/c the states are giving better tax incentives.  If so, then maybe Michigan would benefit by giving the automobile manufacturers tax breaks to stay.  Michigan would improve their economy by diversifying their business base and encourage other businesses to come to Michigan.  To start, they could clean up Detroit and decrease their violent crime rates.

Answer 3

First of all, Michigan is a boring and cold place. New Generation Y doesn't like to live in cold places so they will probably work in Detroit for a while as a start but believe me, everybody moves away to a warmer, better place. I went to one of those 2 universities you mentioned and if I could go back to past, I would not have gone there, over rated and always broke schools.

Secondly, don't you think the auto workers earn too much, when a guy is paid $30+ an hour to fit a tire onto the car? I mean come on, Engineers are only paid that much after years of service and Engineers have more responsibility. Nurses have more responsibility and they don't earn as much as auto-workers. Yes, may be they have years of experience but how much experience do you need to assemble things onto the car? The fact of the matter is nobody wants to live in Michigan, you should look at the migartion rates, more people moved out of Michigan than moved in since 2000, a majority of those people went to Wyoming and Idaho, which is where the new high tech centers are being built.

But the auto industry is still salvageable. Just get rid of auto workers union and we will be on the road again.

The person below me doesn't know what he is talking about. If you keep increasing people's income, it wouldn't work because there is this little thing called inflation.