
GM Strike, State Budget Impasse Could Tip Michigan Into A Recession
The United Auto Workers strike against GM over a lack of a new contract has dragged on into a second week. Meanwhile, the negotiations over the state budget are going down to the wire ahead of the start of the new fiscal year on Oct. 1, and the prospects of enacting a budget and avoiding a state government shutdown don't appear bright.
The combination of those two storylines isn't good news for Michigan's economy. On today's show, we hear from Charles Ballard, an economics professor at Michigan State University who has written extensively about the state's economy.
Ballard says the economics…
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