Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Vac Rental | E-Edition | Home RSS
 
 
 

Smacked upside the head by an invisible hand

June 11, 2013 - Harry Eagar
Couple of years ago, after a raucous fight over the right of assembly in Wisconsin (the Republicans were agin it), leftists were saying we-told-you-so about the subsequent failure of the state's economy to boom, especially as compared with neighbor Michigan, where antisyndicalism had not yet taken hold.

Well, that was then. We have since had a national election and the whole economy has begun to revive somewhat. Surely Wisconsin, having shucked off the carapace of sclerotic statism, is leading the way.

Not according to the Federal Reserve.

Wages are declining faster than anyplace else, except -- surprise -- gas-boomy Wyoming.

The librul Milwaukee Journal Sentinel opines:

"Even in a slow recovery, Wisconsin has been on the caboose. Few if any economists appear to have pinpointed the exact reasons, which has opened the issue to political posturing over economic policy from both sides."

Silly economists. I think we can figure it out without them.

 
 

Article Comments

(7)

HarryEagar

Jun-12-13 2:02 AM

Where did you get the idea Wisconsin is primarily agricultural? It isn't.

OneAikea

Jun-11-13 9:43 PM

Where johngault is Hawaii headed? Shall it float away with the currents?

johngault

Jun-11-13 8:53 PM

Hey dude, take a look at the labor department numbers and you will find Wisconsin's ranking at 20th. They are not a powerful manufacturing state, but are primarily agricultural, but they still have better numbers than O's over primed national rate. By the way I am surprised that you want to talk about Minnesota - they have the third ranking after NYC and Chicago in the financial management and private banking. Aren't the bankers supposed to be evil?

Hawaii on the other hand has come back and industry experts at Zillow project Hawaii's real estate to appreciate 12% in 2013. Most probably a bit of overreach, but it speaks volumes of where the state is headed.

johngault

Jun-11-13 8:38 PM

HarryEagar

Jun-11-13 8:12 PM

Hmmm. Minnesota 5.3, Hawaii 4.9, even Michigan after being blasted by incompetent Big 3 management only 8.4.

Wisconsin is at the back of the pack and falling further back. So much for getting the gummint off the backs of job creators.

johngault

Jun-11-13 7:41 PM

Hey dude last time I looked today Wisconsin's unemployment was 7.1% versus what for O'bama's multi trillion dollar pump primed economy of 7.6%. Add back the structurally unemployed and the numbers are even nastier. Dude you need to eat more cheese.

LilZeke

Jun-11-13 12:23 PM

Another sad day was seeing the photo of Nixon flashing the 'V' sign saying "I'm not a crook."

He had fooled me too.

 
 

Post a Comment

You must first login before you can comment.

*Your email address:
*Password:
Remember my email address.
or
 
 
 

 

I am looking for:
in:
News, Blogs & Events Web
 
 

Blog Links