Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Cincinatus' Wife

Fake but accurate.

Democrats prefer the Obama way. 18 trillion dollars in debt and climbing.


7 posted on 07/10/2015 1:03:18 AM PDT by Organic Panic
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Organic Panic
June 11, 2015 - Minneapolis Star Tribune: Economic growth slowed in Minnesota, Midwest last year "Minnesota’s economy grew at a slower pace in 2014, along with much of the Upper Midwest, thanks to declines in agriculture, financial services and mining.

The state’s gross domestic product grew 1.4 percent in 2014 to $288 billion, according to preliminary figures released Wednesday by the U.S. Department of Commerce.

“The Upper Midwest is close to full-employment status and also has very slow population and labor force growth,” said Mark Vitner, a Wells Fargo & Co. economist who tracks the regional economy. “This makes it harder to grow all that rapidly.”.....

Some sectors of the financial services industry — banks, specifically — have struggled because of low interest rates. The industry, a crucial part of Minnesota’s economy, contracted by 1.3 percent in 2014, according to the new figures from the Commerce Department.

The weakness in real estate, rental and leasing — a nearly 2 percent decline — is more difficult to explain, given the strength in Minnesota home sales and falling apartment vacancy rates, Vitner, of Wells Fargo, said. He believes that figure will be revised upward, as will the overall growth of the state’s economy.

“Minnesota’s economy sure feels like it grew faster than 1.4 percent,” Vitner said. “I do believe that growth is understated, however, and would expect this year’s 1.4 percent preliminary state real GDP number to be revised up to somewhere closer to 2 percent.”....

July 10, 2015 - Daily Beast: Scott Walker Gets Schooled by His Neighbor "Wisconsin and Minnesota share a common cultural heritage that until recently included a healthy Midwestern strain of progressive politics. Elected in 2010, Governor Scott Walker upended a hundred years of liberal populism, charting a conservative path for Wisconsin that made him a darling of the Republican Right, but left his state with a serious budget shortfall and disappointing job growth.

Meanwhile, across the border in neighboring Minnesota, Governor Mark Dayton has relentlessly pursued liberal policies, embodying the tax-and-spend Democrat that Republicans love to caricature. ......"

9 posted on 07/10/2015 1:28:43 AM PDT by Cincinatus' Wife
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson