Minnesota's Economy Is One Of The Best In The Nation

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tracerbullet

Golden Member
Feb 22, 2001
1,661
19
81
Oh but I didn't pick the 2. From the OP "(raise taxes on the rich, increase min wage)"

I don't care who picked the two, the OP and yourself apparently, not me.

Back to my confusion - My contention is that MN's "liberal policies" (originating from 4 years of Democratic control from the top down) have helped the state's economy. Your contention appears to be (please clarify) that MN's liberal policies did not help the state? And your reasoning is based on New York having 2 things in common?
 

LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
MN's liberal policies have nothing to do with it. Anything that's happened in the last 4+ years after the crisis are based upon everything that happened in the last 100 years. You only have to go back and look at how many large companies are based or have large presence in MN to see that it doesn't fucking matter who is in office.

Best Buy
3M
Target
Ameriprise
US Bank
Cargill (many million or billionaires from that alone)
United Healthcare
Wells Fargo
Thrivent
Land O Lakes
Andersen Windows
General Mills

The list can go on and on.

A lot of these companies' executives are now talking about moving *OUT* of MN because of the large increases in taxes.
 

tracerbullet

Golden Member
Feb 22, 2001
1,661
19
81
MN's liberal policies have nothing to do with it. Anything that's happened in the last 4+ years after the crisis are based upon everything that happened in the last 100 years.

Maybe the policies do, maybe not. But they came into play about the same time things turned around. Funny that the worst of it occurred just before Pawlenty, a Republican, left office after 8 years.

But that "last 100 years" thing - if the last 100 years had everything to do with MN doing well today, did the last 100 years also have everything to do with things getting worse and worse under Pawlenty? Funny thing to attribute the recent turnaround to.

A lot of these companies' executives are now talking about moving *OUT* of MN because of the large increases in taxes.

Fact or opinion? If fact, please give "A lot" of examples.

P.S. I'll bring up Medtronic for you, which will move its headquarters out of the country, to a desperate Ireland that'll do anything to boost its own economy. Please leave that for a federal, not MN, policies discussion some other time.
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
I don't care who picked the two, the OP and yourself apparently, not me.

Back to my confusion - My contention is that MN's "liberal policies" (originating from 4 years of Democratic control from the top down) have helped the state's economy. Your contention appears to be (please clarify) that MN's liberal policies did not help the state? And your reasoning is based on New York having 2 things in common?

Because if they worked for 5 million people they certainly would work with 20 million. Higher taxes and higher min wages are not the economic contributors you think they are.
 

ivwshane

Lifer
May 15, 2000
32,345
15,156
136
Because if they worked for 5 million people they certainly would work with 20 million. Higher taxes and higher min wages are not the economic contributors you think they are.

That he thinks they are? Can you quote the post where he made that claim?

While you back peddle please pick up the straw you've dropped
 

Genx87

Lifer
Apr 8, 2002
41,095
513
126
It will be interesting to see how many of these large companies do move out of our state. If they do leave, then we can revisit the policy decisions. Medtronic did leave as tracerbullet mentioned. A few years ago when Delta and NWA merged the HQ was kept in ATL for obvious tax benefits.

One thing that these companies have to weigh if they move is access to an educated workforce. The Minneapolis area and MN in general is very well educated.
 

sm625

Diamond Member
May 6, 2011
8,172
137
106


Source: http://www.startribune.com/blogs/277231662.html

I see nothing in that chart that shows anything special happening in Minn. The only conclusion I can draw from that is that Minn faired relatively well during the last recession. Keep in mind that although Minn isnt a major player in the shale boom, it did provide possibly one of the largest sources of personnel given its location relative to Bakken. Minneapolis is one of the largest cities located near the Bakken. Their residents no doubt received an outsized portion of the fracking boom income. Minn also provides crap-tons of fracking sand. If you factor out the effect of that unsustainable boom, things look even worse for Minn.
 
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bshole

Diamond Member
Mar 12, 2013
8,315
1,215
126
Looking at health care between the two states:

While Wisconsin rejected the Medicaid expansion and refused to create a health care marketplace under the Affordable Care Act, Minnesota took the expansion and created a marketplace. The result? Minnesota currently has the lowest health insurance rates in the country, the number of uninsured Minnesotans fell 41% cutting the uninsured rate from 8.2% to 4.9%, and the state’s health care budget is sound. On the other hand, Wisconsin’s uninsured rate is double Minnesota’s, it’s health care budget has a deficit of $760 million, and thousands of lower income Wisconsinites lost their health insurance when Walker pushed them off Badgercare. In fact, by rejecting the Medicaid expansion, Wisconsin is paying $150 million more to cover 85,000 fewer Wisconsinites.

Meanwhile in Wisconsin:

Gov. Scott Walker will have to plug a roughly $280 million budget shortfall by the end of June, and the state faces a two-year deficit that could be as large as $2 billion, based on new estimates released Friday by the nonpartisan Legislative Fiscal Bureau.
 
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LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Maybe the policies do, maybe not. But they came into play about the same time things turned around. Funny that the worst of it occurred just before Pawlenty, a Republican, left office after 8 years.

But that "last 100 years" thing - if the last 100 years had everything to do with MN doing well today, did the last 100 years also have everything to do with things getting worse and worse under Pawlenty? Funny thing to attribute the recent turnaround to.



Fact or opinion? If fact, please give "A lot" of examples.

P.S. I'll bring up Medtronic for you, which will move its headquarters out of the country, to a desperate Ireland that'll do anything to boost its own economy. Please leave that for a federal, not MN, policies discussion some other time.

This is why Partisans are utterly fucking pathetic. You bring up "worse" performance from 03-2011. No fucking shit sherlock. In his tenure the US went through the *WORST* economic crisis in 80 fucking years. Are you a goddamn moron?

Yeah, I am sure he PERSONALLY went to GMAC RFC and told them to underwrite shit tons of crappy C&D loans out of Minny and then almost blow up GM with the writedowns to said portfolio (as well as Alt-A and subprime mortgages).

Have you ever looked at the unemployment rate of Minnesota compared to the country? Here, I'll help you.


https://www.google.com/publicdata/e...000000&ifdim=country&hl=en_US&dl=en&ind=false

That should bring you to the US vs Minnesota, which shows Minnesota is always better than the US overall. Through the crisis it was much better. Why? Because the fucking companies THAT HAVE ALWAYS BEEN HERE.

But hey, don't let your liberal bullshit get in the way. Companies leaving? I travel in interesting circles and many of them are tired of more taxes and the picture getting more bleak with idiots like Dayton (and you) pushing things. It can't continue forever.

Look at IL. That liberal utopian paradise of tax, spend, pension, debt. How many companies are leaving there? They are very lucky they are holding on to CAT and only that after huge subsidies.
 

Genx87

Lifer
Apr 8, 2002
41,095
513
126


Source: http://www.startribune.com/blogs/277231662.html

I see nothing in that chart that shows anything special happening in Minn. The only conclusion I can draw from that is that Minn faired relatively well during the last recession. Keep in mind that although Minn isnt a major player in the shale boom, it did provide possibly one of the largest sources of personnel given its location relative to Bakken. Minneapolis is one of the largest cities located near the Bakken. Their residents no doubt received an outsized portion of the fracking boom income. Minn also provides crap-tons of fracking sand. If you factor out the effect of that unsustainable boom, things look even worse for Minn.

Read the article I posted near the beginning of the thread to see the highlights of MN. We have historically done better than the national avg.
 

Genx87

Lifer
Apr 8, 2002
41,095
513
126
This is why Partisans are utterly fucking pathetic. You bring up "worse" performance from 03-2011. No fucking shit sherlock. In his tenure the US went through the *WORST* economic crisis in 80 fucking years. Are you a goddamn moron?

Yeah, I am sure he PERSONALLY went to GMAC RFC and told them to underwrite shit tons of crappy C&D loans out of Minny and then almost blow up GM with the writedowns to said portfolio (as well as Alt-A and subprime mortgages).

Have you ever looked at the unemployment rate of Minnesota compared to the country? Here, I'll help you.


https://www.google.com/publicdata/e...000000&ifdim=country&hl=en_US&dl=en&ind=false

That should bring you to the US vs Minnesota, which shows Minnesota is always better than the US overall. Through the crisis it was much better. Why? Because the fucking companies THAT HAVE ALWAYS BEEN HERE.

But hey, don't let your liberal bullshit get in the way. Companies leaving? I travel in interesting circles and many of them are tired of more taxes and the picture getting more bleak with idiots like Dayton (and you) pushing things. It can't continue forever.

Look at IL. That liberal utopian paradise of tax, spend, pension, debt. How many companies are leaving there? They are very lucky they are holding on to CAT and only that after huge subsidies.

People put way too much into D or R in front of the Govs name. Since we became a state our govs break down as 25 Republican, 11 Democrat\DFL, 3 Farm-Labor, 1 independent.

It is really amusing to watch the hacks believe we are a democrat run state because we lean left. Our republicans are very moderate. Pawlenty was probably more liberal than a % of democrats. Especially Ds that come from the south.

If we were to believe the hacks. This state should have crumbled under the weight of Republican leadership years ago. Not outpaced the country for decades!
 
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Feb 10, 2000
30,029
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People put way too much into D or R in front of the Govs name. Since we became a state our govs break down as 25 Republican, 11 Democrat\DFL, 3 Farm-Labor, 1 independent.

It is really amusing to watch the hacks believe we are a democrat run state because we lean left. Our republicans are very moderate. Pawlenty was probably more liberal than a % of democrats. Especially Ds that come from the south.

If we were to believe the hacks. This state should have crumbled under the weight of Republican leadership years ago. Not outpaced the country for decades!

Certainly some of our Republican governors (particularly Arne Carlson) have been fairly liberal, but I would not put Tim Pawlenty in that category. I would also observe that we have a considerable number of extremely conservative Republicans representing Minnesotans at both the state and federal level (e.g., Tom Emmer and Michele Bachmann) for quite some time.
 
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tracerbullet

Golden Member
Feb 22, 2001
1,661
19
81
... rant ...

I'm having fun, please don't take it personally or blow up.

That said, I still don't see any reason to be convinced it's not the policies which have helped get us to where we are today. I think you're saying we've just always been good, and I agree to some extent, and that Pawlenty years were bad for reasons out of his control which I agree with some as well. But how do you explain how we currently line up w/ WI and the direction we're both going?

Oh, FWIW, FYI I tend to vote R, D and independent quite equally in every election. I actually voted for Pawlenty over Hatch about... 2006 I guess? It's a combination of who I think is the smartest person for the job, who doesn't automatically follow their party's line (increasingly tough to do), and choosing the least of the evils (increasingly more common). Thankfully we've got runoff voting on local elections, I'm hoping that'll spread.

It's just that in this case I really do believe in the position I've already stated on the policies / success, so, yeah that.

People put way too much into D or R in front of the Govs name.

Agreed. Really, I do.

It is really amusing to watch the hacks believe we are a democrat run state because we lean left.

Here I disagree. We are incredibly left leaning. How many states voted for Mondale in 1984?

Certainly some of our Republican governors (particularly Arne Carlson) are fairly liberal, but I would not put Tim Pawlenty in that category. I would also observe that we have a considerable number of extremely conservative Republicans representing Minnesotans at both the state and federal level (e.g., Tom Emmer and Michele Bachmann) for quite some time.

I'm not sure how effective they've been, but yeah you're right. Franken and Klobuchar have arguably accomplished a lot more, but that's a senate / house argument outside this thread.
 
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BoberFett

Lifer
Oct 9, 1999
37,563
9
81
Just think how great our budget would be if some fucking asshole Democrat didn't give a shit ton of our money away to Zygi Wilf.
 
Feb 10, 2000
30,029
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Just think how great our budget would be if some fucking asshole Democrat didn't give a shit ton of our money away to Zygi Wilf.

In fairness the Republicans controlled both houses of the legislature when the stadium bill was passed, and legislators in both parties voted for it.
 

nickqt

Diamond Member
Jan 15, 2015
7,596
7,854
136
In fairness the Republicans controlled both houses of the legislature when the stadium bill was passed, and legislators in both parties voted for it.

Please don't take away the chance for someone who only screams and curses to say the word Democrat after those screams and curses.
 

Genx87

Lifer
Apr 8, 2002
41,095
513
126
In fairness the Republicans controlled both houses of the legislature when the stadium bill was passed, and legislators in both parties voted for it.

In more fairness the house passed it with DFLers splitting 38\21 in favor while republicans voted 33-39 against. The senate broke down DFL 21-8 in favor to Republican 15-22 against.
 
Feb 10, 2000
30,029
66
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In more fairness the house passed it with DFLers splitting 38\21 in favor while republicans voted 33-39 against. The senate broke down DFL 21-8 in favor to Republican 15-22 against.


All your post does is confirm that many Republicans voted in favor of the bill and it passed despite the fact that it never could have, had the Republican caucuses in the House and Senate opposed it. Blaming Democrats unilaterally for the decision is simple-minded and inaccurate. That is the kind of argument made only by ideologues and simpletons.
 

tracerbullet

Golden Member
Feb 22, 2001
1,661
19
81
Right, but, either way Dayton did push for it as I remember. I'm not a big fan of the stadium either, on that subject - I'm not happy with him.
 

hal2kilo

Lifer
Feb 24, 2009
23,654
10,517
136
Nope! The dems are just lucky!! When trickle down economics finally kicks in, repubs will be having the last laugh! You just wait and wait, and wait, and wait, and see!!



/s

Damn liberals just have no patience.
 

Genx87

Lifer
Apr 8, 2002
41,095
513
126
All your post does is confirm that many Republicans voted in favor of the bill and it passed despite the fact that it never could have, had the Republican caucuses in the House and Senate opposed it. Blaming Democrats unilaterally for the decision is simple-minded and inaccurate. That is the kind of argument made only by ideologues and simpletons.

I am not blaming democrats unilaterally. I added clarity on which party voted more in favor of the stadium.
 
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Matt1970

Lifer
Mar 19, 2007
12,320
3
0
That he thinks they are? Can you quote the post where he made that claim?

While you back peddle please pick up the straw you've dropped

Well what do you think he means when he says "My contention is that MN's "liberal policies" (originating from 4 years of Democratic control from the top down) have helped the state's economy. "?
 

ivwshane

Lifer
May 15, 2000
32,345
15,156
136
Well what do you think he means when he says "My contention is that MN's "liberal policies" (originating from 4 years of Democratic control from the top down) have helped the state's economy. "?

Liberal policies consist of more than just raising taxes and raising minimum wage, you'd know this if you didn't live in a bubble.
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
Liberal policies consist of more than just raising taxes and raising minimum wage, you'd know this if you didn't live in a bubble.

Well unless you quote some other specifics lets just go with the OP:

Link goes into the gore - by detailing how he raised taxes on the rich (D as well as minimum wage (D: x 2). And, it paid off!

Let's see how you alter reality to make this about something else.....
 
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