Michigan’s Budgetary Surplus is a Plus

It came out yesterday that Michigan had a significant surplus in their budget.  In fact, the number is quite astonishing – $687 Million.  For a state that has endured tougher economic times than any other member of the Union, this is very welcome news.  Critics seem to be pointing out the costs of creating this surplus rather than rejoicing in what could be an important forward step for the state’s economy.  Of course the surplus came at a cost – money does not magically appear (unless that state put about a billion teeth under its pillow over the past year).  However, some of those cuts can now be partially restored.  Every agency will be clamoring for money now that they know there is some to spread around.  The temptation must be resisted to give in to everyone though or Michigan will undoubtedly return to the days of red ink.  Governor Rick Snyder (@onetoughnerd on Twitter) will need to make calculated decisions as to where the least amount of money can make the biggest impact.

(more…)

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: