Posted on 07/10/2015 12:15:32 AM PDT by Cincinatus' Wife
"Wisconsin ranks 40th in the nation for job growth, or so says a recent Bureau of Labor Statistics report. Many in the media and political circles pounced on the release as evidence that the policies of Republican Gov. Scott Walker, a potential presidential candidate, have left the Badger State trailing much of the nation.
But the report failed to give sufficient context to Wisconsin’s job growth. The BLS, along with other reports touting similar results, ranked states based on how much private employment increased over a year.
Why might Wisconsin’s employment increase seem modest? One reason could be that more Wisconsinites than people in many other states already had jobs, which they did. Another wrinkle comes from factors like the energy boom in the upper plains states. In states like Wisconsin not so blessed with shale, job growth can seem comparatively slow.
Let’s look at Wisconsin’s employment growth since Mr. Walker took office. Since February 2011, Wisconsin’s employable population has grown by about 100,000 people, but the number of people employed increased by about 135,000. That means employment outpaced population growth significantly...
Given that Wisconsin’s unemployment has dropped to 4.6% from 5.6% in the past year, the state is in the enviable position of having lowered unemployment while increasing labor-force participation. Not surprisingly, this has helped Wisconsin move up to eighth place in state labor-force participation, from 12th in 2011. ...
Ah, so the economy of the state relies exclusively on what government can take from its citizens. Sounds like liberal logic.
What are you talking about?
Well, Governor Walker is set to announce on the 13th, right?
That makes it time for the media haters to start flaming and lying about him.
Most definitely!
BTTT
Fake but accurate.
Democrats prefer the Obama way. 18 trillion dollars in debt and climbing.
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. ......"
But what they’re saying isn’t true.
I don’t know which side you’re supporting.
Please clarify.
Here are some of those “millionaires and corporations.”
I’m on the side of letting people keep their own money instead of government deciding what “income equality” is. For every 1% that government raises taxes on corporations, the GDP goes down 3%. And the cost just gets passed onto everyone else.
Okay.
Thank you.
the liberal mind - distort the facts, claim something that is no even truthful and continue the falsehood until it is believed to be the truth. Liberal - an oxymoron in of itself.
This is just BS.
FReep Mail me if you want on, or off, this Wisconsin interest ping list.
Dead broke is better than billions in the red. California would love to be dead broke but they are far far more underwater than that.
Walker says Wisconsin’s pension system is the only one in the country that’s fully funded
TRUE!
Remember, this is something the demodummies said........
Just another LIE!
Yeah, isn't that called "a balanced budget"...or some weird thing like that?
Wow, we must be in better shape than I thought!!
Well played.
: )
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