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Bank's headquarters to Texas prompted
different responses.
"While it's hard to see companies
leave, it is part of the solution',' Kahan
says. "Not when the politics overwhelms
the economics',' Littmann responds.
What happens to the people who
worked for Pfizer is important, Kahan
insists. Will they stay around to start
their own businesses or work for some-
one else?
Oakland County's Automation Alley
has to be able to change. "A piston is a
piston',' Kahan says. "It can be adapted
to other industries. Companies have to
be flexible, take risks and be entrepre-
neurial."
The Energy Front
Although looking to develop alternative
energy sources is a possible resource,
ethanol is definitely not what either
economist would choose.
"It's the perfect example of the wrong
thing," Kahan says. "Someone will come
up with something else. It's just a mat-
ter of time until we get a substitute for
Mideast oil. Profit does it."
"1 can't believe France got it right:'
Littmann says, with its development of
nuclear energy. "It's the cheapest, clean-
est, safest energy around:'
With housing prices dropping across
the country, Metro Detroit still offers
a bargain, according to Kahan. But
Littmann points out, "If you don't have
a job, the rest doesn't matter."
"The price is irrelevant',' Kahan
agrees. "It's the ability to make the
monthly payments. It'll turn around
when job opportunities increase."
Immigrant Experience
Kahan says we shouldn't forget "that
Michigan and Detroit are still a focus
for immigration and that we are a gate-
way to Canada.
"Immigrants are usually innova-
tive and natural entrepreneurs',' says
Kahan, who was born in Prague,
Czechoslovakia, and lived in Israel
before his parents, Holocaust survivors,
moved the family to New York City.
"They've already taken a monumental
risk:"
The 2005 Jewish Federation of
Metropolitan Detroit population survey
documenting a sharp decline in the
local Jewish population is no surprise
to Littmann. Whether new immigrants
or fifth generation, "the Jews are a
bellwether of how our state or nation is
doing," he says.
"Throughout the ages, Jewish mer-
chants and advisers had to develop a
keen sense of markets, trade and move-
ment in order to survive. They faced
more uncertainty and risk than their
counterparts." As a result, Littmann
says, they're highly mobile.
Once jobs and entrepreneurial
opportunities have been reestablished
here, Kahan says, the quality of Jewish
life becomes an added draw. That
means a choice or variety of syna-
gogues, schools, Jewish shows, art fes-
tivals and films as well as kosher and
other restaurants.
Right now, he asks, "The challenge is
do we have enough Jewish institutions
that will meet the needs of the people
who remain?"
Personal Statistics from page 37
Wall Street Journal as one of the
most accurate national economic
forecasters.
Writings: Authored research
articles on causes of inflation,
published in Business Economics
professional journal; featured col-
umnist for the Detroit Regional
Chamber of Commerce, Wall
Street Journal, Investor's Business
Daily and Detroit News. His con-
tributions to economic policy and
the profession will be archived
in the Bentley Historical Library
collection at the University of
Michigan.
Resides: Holly
Family: Married 40 years to
Esther, Zekelman Holocaust
Memorial Center docent in
Farmington Hills and retired pro-
fessor of English and German (19
years) at Lawrence Technological
University in Southfield. They
have three children: Ruth, a for-
mer Detroit Jewish News writer,
lives in Cupertino, Calif.; Daniel, a
partner with Deloitte Consulting,
Chicago; and Alan, a lawyer with
Bartlit Beck in Chicago. All are
married; the Littmanns have five
grandchildren.
Outside interests: "Graphology
tops the list," Littmann says. He
passed the American Association
of Handwriting Analysts
Associate's Exam and writes a
regular handwriting column for the
Holly Community Voice. He is a
former member of the Bloomfield
Hills Board of Education. A move
from Bloomfield Hills to Holly
allows Littmann to further develop
his long-time interest in gardening.