America’s once-iconic industrial hub is primed for an economic comeback as major metropolitan areas continue to bleed residents to lower-tax states, a prominent Michigan developer told Fox News Digital.
Rodney Lockwood, Board Chairman of the Mackinac Center for Public Policy, warned that high-tax cities like New York City, Los Angeles, and San Francisco are facing serious structural trouble.
“I think we have to look at both sides: what is not working, and then what will work,” Lockwood said.
“Right now, socialists are on the march, and Zohran Mamdani in New York is perhaps the best example of that. They’re winning races, and their answer is always the same: more taxes and more free stuff.”