Michigan’s Corporate Welfare Failure with James Hohman | Let People Prosper Show Ep. 128

​In this episode of the Let People Prosper Show, Vance Ginn sits down with James Hohman, director of fiscal policy at the Mackinac Center for Public Policy, to discuss Michigan’s fiscal policies, corporate welfare, the real impact of business subsidies, and the Sustainable Michigan Budget. We explore how corporate welfare programs often fail to deliver on job creation promises and analyze the political dynamics that prioritize select companies over taxpayers. Together, we advocate for transparency, accountability, and a better business climate for sustainable economic growth.

(0:00) - Introduction to the Let People Prosper ShowVance introduces James Hohman and outlines the episode’s focus on Michigan’s fiscal policies and corporate welfare.
(4:57) - Motivations Behind Public Policy AdvocacyJames discusses his early interest in fiscal policy and the importance of understanding public sentiment to drive meaningful reform.
(10:58) - The Reality of Job Creation PromisesAn in-depth look at the gap between promised and actual job creation in business subsidy programs highlights the inefficiency of corporate welfare.
(18:58) - The Future of Corporate Welfare in MichiganExploring recent legislative changes in Michigan and the growing influence of interest groups on budget priorities.
(26:51) - The Need for Transparency in Subsidy ProgramsJames and Vance stress the importance of transparency and accountability in business subsidy programs to ensure taxpayer money is spent wisely.
(34:44) - Michigan's Budget and Political LandscapeAn analysis of Michigan’s shift toward corporate welfare and how these decisions impact economic growth and public trust.
(41:12) - Fostering Economic Growth Without Corporate WelfareJames and Vance advocate for fair and free-market policies that enable businesses to thrive independently of government handouts.