Posts Tagged ‘job growth’

Debunking Minnesota Economic and Fiscal Policy Myths

Minnesota is a land of 10,000 lakes and almost as many misconceptions about the size of government, growth in public revenue and expenditures, and performance of the state’s economy. Some of these mistaken beliefs are the result of an innocent misreading of the data, while others are the product of deliberate disinformation campaigns. The following…

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When Equal Unemployment Rates Are Not Equal

Minnesota and Wisconsin currently enjoy low unemployment rates relative to the rest of the nation. In addition, both states enjoyed an above average decline in unemployment rates since the beginning of the Great Recession. However, this does not mean that the economies of these states have performed equally well. Minnesota achieved its low unemployment rate…

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Minnesota Outperforms Neighbors in Job Growth

Since the turn of the century, employment growth in Minnesota has kept pace with the rest of the nation and comfortably surpassed the Midwest average. Minnesota’s strong performance relative to the rest of the region has persisted through two recessions, a major financial meltdown, a major tax reduction, and a major tax increase. The following…

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Minnesota Re-Illustrated: Correcting Economic Disinformation

Last week, the conservative Tax Foundation and the Minnesota Chamber of Commerce released a report entitled, Minnesota Illustrated: A Visual Guide to Taxes & the Economy. Much of the information in the report is presented in such a way so as to give the impression that Minnesota is facing looming economic peril because it is…

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Fiscal Policy Doesn’t Explain Below Average Employment Growth

Minnesota has lagged modestly behind the national average in terms of employment growth during the 21st century. However, there is no reason to blame Minnesota’s sub-par employment growth upon progressive fiscal policy. Rather, the state’s below average job growth is explicable—and even defensible—in terms of other labor force realities in the state versus the rest…

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