State economy can't be blamed on governor
While his own TV ads depict gubernatorial An Oakland University economics professor says Michigan’s distressed economy can’t be blamed on Gov. Jennifer Granholm.
In a recent column in the Detroit Free Press, Kevin J. Murphy writes that a state’s governor cannot significantly influence the economic performance of the state, good or bad.
“She simply does not have the fiscal or monetary policy tools at her disposal either to have caused it to tank in the first place or to yank it out of the doldrums now,” Murphy writes in the Free Press.
Murphy said he reached his conclusion not from a political standpoint but as an economist. He is described as a political independent.