Dollar figures touted by Gov. Jennifer Granholm in her State of the State address last week came from a study about the supposed benefits of tourism subsidies that is not yet complete.
Gov. Granholm said that the state gets $2.23 back for every dollar it spends on advertising through the "Pure Michigan" campaign. That information came from a report that won't be finished for another month, according to the Livingston Daily Press & Argus.
Mike LaFaive, director of the Center's Morey Fiscal Policy Initiative, told the Livingston Daily that releasing such information without the full study is uncommon.
"Normally, a scholarly study will include references to all of its sources," he told the paper.
LaFaive has written here and here about why state subsidies for private enterprise such as tourism do not work.
Permission to reprint this blog post in whole or in part is hereby granted, provided that the author (or authors) and the Mackinac Center for Public Policy are properly cited. Permission to reprint any comments below is granted only for those comments written by Mackinac Center policy staff.
Get insightful commentary and the most reliable research on Michigan issues sent straight to your inbox.
The Mackinac Center for Public Policy is a nonprofit research and educational institute that advances the principles of free markets and limited government. Through our research and education programs, we challenge government overreach and advocate for a free-market approach to public policy that frees people to realize their potential and dreams.
Please consider contributing to our work to advance a freer and more prosperous state.