Tuesday, October 16, 2007

Who will lead Michigan out of economic wilderness?

"If not our big prestigious universities, who will step forward to lead Michigan's complacent people and hapless politicians out of the economic wilderness?" asks Tom Walsh in today's Free Press. [emphasis added]

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TOM WALSH
Who should shake state out of rut?
October 16, 2007
BY TOM WALSH
FREE PRESS COLUMNIST

Michigan has no excuse for not being a thriving leader in the knowledge-based, environmentally conscious global economy of the future.... But we're lazy. Complacent. We have a sense of entitlement and no sense of urgency.

Watching the levees break
...
"Our" Hurricane "Katrina has been out on the horizon for a generation, and we just watched it come," said Rick Snyder, CEO of venture capital firm Ardesta in Ann Arbor, and former president of computer maker Gateway Inc.

Culture, Snyder said, "is our biggest problem." Michigan's tremendous industrial success through much of the 20th Century left many of its people with a sense of complacency and entitlement, an assumption that good jobs and wealth always would be available. And even though the impact of automation and global competition has been evident for several decades now, Michigan's response has been tepid, he said.

Snyder said the state's political leaders, as is clear from the recent budget battle and tax hikes, have shown virtually no leadership to help pull Michigan out of its no-growth economic stagnation of the past seven years.

Therefore, Snyder said, it's important that the state's major universities show economic leadership by boosting their community involvement.

Are Michigan's major universities ready... to take bold, sometimes controversial positions on issues in those many areas where business and economics meet public policy?

If not our big prestigious universities, who will step forward to lead Michigan's complacent people and hapless politicians out of the economic wilderness?

Contact TOM WALSH at 313-223-4430 or twalsh@freepress.com.

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