SBAM and other business leaders blast Granholm’s stance on Proposal 2
October 10, 2012
SBAM and other members of the business community today criticized Jennifer Granholm’s announced support of Proposal 2. As Governor, Jennifer Granholm presided over one of the worst economies in Michigan. Under Granholm’s time as Governor, Michigan saw record-high spending, massive tax increases, and record unemployment numbers.
“Proposal 2 would cost taxpayers $1.6 billion if passed. The Department of Attorney General and the Michigan Education Association issued opinions discussing scores of laws that would be overturned in part or in whole if proposal 2 were to pass,” stated Rob Fowler, President and CEO of the Small Business Association of Michigan. “Those laws repealed would include bus safety certification standards, background checks on teachers, and important economic reforms. Proposal 2 would destroy Michigan’s economy and small business owners across Michigan are opposed to it.”
The Wall Street Journal reported that during Granholm’s tenure as Governor, Michigan’s per capita gross domestic product (GDP) fell from 24th to 41st. The unemployment rate under Jennifer Granholm almost doubled during the years she was in office going from 6.6 percent to 13.1 percent when she left.
“Jennifer Granholm made countless poor decisions as Governor, but Granholm’s support of Proposal 2 is the worst decision she has ever made,” stated Michigan Chamber of Commerce CEO Rich Studley. “Proposal 2 would severely damage Michigan’s economy and we can’t take the risk.”
SBAM and the Michigan Chamber of Commerce are active members of Citizens Protecting Michigan’s Constitution, a coalition opposed to Proposals 2, 3, and 4.