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Posted: 2/27/2015 12:01:46 PM EDT
[#1]
Pigs are flying in Minnesota too.
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Posted: 2/27/2015 12:03:08 PM EDT
[#2]
Quote HistoryQuoted:
...Except for the undeniable FACT that it DID work in Minnesota... But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Quote HistoryQuoted:
Quoted:
liberal common core math again. taxation and raising minimum wage doesn't work. it's called Detroit But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. You are talking out of your ASS. Your data set is so limited it is laughable. By all means, present your facts, and do present them all. |
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Posted: 2/27/2015 12:47:49 PM EDT
[#3]
Quoted:
"This Billionaire Governor Taxed the Rich and Increased the Minimum Wage -- Now, His State's Economy Is One of the Best in the Country." http://www.huffingtonpost.com/carl-gibson/mark-dayton-minnesota-economy_b_6737786.html?ncid=fcbklnkushpmg00000013 Suck it, Repugs! I'll admit both sides do it, but this seems to be leftist confirmation bias mistaking correlation for causation (i.e. two things happen at the same time, one MUST have caused the other) |
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Posted: 2/27/2015 12:50:34 PM EDT
[#4]
Quote HistoryQuoted: Like it or not, conservatives have to confront this story. Is it true? Why? Did other things account for the improvements? Much like tax CUTS, tax increases take time to score dynamically. If you raise taxes suddenly, no one has time to move out of the way. Eventually they will. See California. Reagan's 1981 cuts resulted in increased deficits for the first 24 months or so; it took about 6 years before revenues doubled. And Walker went from deficit to surplus with tax CUTS. So we will see. But this should be examined carefully by someone like Heritage. 1) It's a small population state - only about 5 million residents, so things are just less complicated 2) It's is cold as fuck here about 6 months out of the year, so the state doesn't attract a lot of welfare leaching ghetto goblins 3) Minnesota has a very small poor population, so they aren't a big drain on the school system, healthcare system, etc. 4) Minnesota has few cities of the first class 5) Minnesota has a generally well educated population 6) Minnesota has a few big companies that "anchor" the economy (Best Buy, 3M, Medtronics, etc) Now, here is the kicker - yes Minnesota has done okay under Keynesian tax-n-spend liberal Democrat rule. But just imagine how much better it would do under the stead of conservative values and ideals if all that potential was unleashed! Instead of seeing economic growth that beats the national average by just a few percentage points it could be destroying it. But you know what? Most the people in MN are dumbfuck liberals who keep electing tax-n-spend democrats, so who cares!  Ediated to add: Look at Wisconsin for comparison. After a decade of tax-n-spend Democrat stranglehold on the state, multibillion deficit, high(er) unemployment, and underfunded pension program, the people elect Scott Walker three times (if you count the recall election). For the most part he has eliminated the deficit, shored up the state's pension plan (it's 99% funded), and Wisconsin is above the national average for economic growth. Now that Walker has dug the state out of the hole dug by the Democratic Party imagine what a few more years will do as we move ahead. |
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Posted: 2/27/2015 12:55:34 PM EDT
[#5]
Quote HistoryQuoted: Well, it is lower, both in dollars and as a percentage, than Texas' debt. Quote HistoryQuoted: Quoted: Quoted: "This Billionaire Governor Taxed the Rich and Increased the Minimum Wage -- Now, His State's Economy Is One of the Best in the Country." http://www.huffingtonpost.com/carl-gibson/mark-dayton-minnesota-economy_b_6737786.html?ncid=fcbklnkushpmg00000013 Suck it, Repugs! Revenue dropping, spending increasing, debt increasing. $54 BILLLION in debt. That's your idea of a success story? http://www.usdebtclock.org/state-debt-clocks/state-of-minnesota-debt-clock.html Well, it is lower, both in dollars and as a percentage, than Texas' debt. |
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Posted: 2/27/2015 1:04:42 PM EDT
[#6]
Quote HistoryQuoted:
...Except for the undeniable FACT that it DID work in Minnesota... But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Quote HistoryQuoted:
Quoted:
liberal common core math again. taxation and raising minimum wage doesn't work. it's called Detroit But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Only the low intelligence folks think that lasts. It's short term. |
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Posted: 2/27/2015 1:20:28 PM EDT
[#7]
Quote HistoryQuoted:
Want to know what probably has allowed Minnesota's economy to to "okay" even in light of tax-n-spend democrats controlling the state? Simple: 1) It's a small population state - only about 5 million residents, so things are just less complicated 2) It's is cold as fuck here about 6 months out of the year, so the state doesn't attract a lot of welfare leaching ghetto goblins 3) Minnesota has a very small poor population, so they aren't a big drain on the school system, healthcare system, etc. 4) Minnesota has few cities of the first class 5) Minnesota has a generally well educated population 6) Minnesota has a few big companies that "anchor" the economy (Best Buy, 3M, Medtronics, etc) Now, here is the kicker - yes Minnesota has done okay under Keynesian tax-n-spend liberal Democrat rule. But just imagine how much better it would do under the stead of conservative values and ideals if all that potential was unleashed! Instead of seeing economic growth that beats the national average by just a few percentage points it could be destroying it. But you know what? Most the people in MN are dumbfuck liberals who keep electing tax-n-spend democrats, so who cares!
Ediated to add: Look at Wisconsin for comparison. After a decade of tax-n-spend Democrat stranglehold on the state, multibillion deficit, high(er) unemployment, and underfunded pension program, the people elect Scott Walker three times (if you count the recall election). For the most part he has eliminated the deficit, shored up the state's pension plan (it's 99% funded), and Wisconsin is above the national average for economic growth. Now that Walker has dug the state out of the hole dug by the Democratic Party imagine what a few more years will do as we move ahead. Quote HistoryQuoted:
Quoted:
Like it or not, conservatives have to confront this story. Is it true? Why? Did other things account for the improvements? Much like tax CUTS, tax increases take time to score dynamically. If you raise taxes suddenly, no one has time to move out of the way. Eventually they will. See California. Reagan's 1981 cuts resulted in increased deficits for the first 24 months or so; it took about 6 years before revenues doubled. And Walker went from deficit to surplus with tax CUTS. So we will see. But this should be examined carefully by someone like Heritage. 1) It's a small population state - only about 5 million residents, so things are just less complicated 2) It's is cold as fuck here about 6 months out of the year, so the state doesn't attract a lot of welfare leaching ghetto goblins 3) Minnesota has a very small poor population, so they aren't a big drain on the school system, healthcare system, etc. 4) Minnesota has few cities of the first class 5) Minnesota has a generally well educated population 6) Minnesota has a few big companies that "anchor" the economy (Best Buy, 3M, Medtronics, etc) Now, here is the kicker - yes Minnesota has done okay under Keynesian tax-n-spend liberal Democrat rule. But just imagine how much better it would do under the stead of conservative values and ideals if all that potential was unleashed! Instead of seeing economic growth that beats the national average by just a few percentage points it could be destroying it. But you know what? Most the people in MN are dumbfuck liberals who keep electing tax-n-spend democrats, so who cares!
Ediated to add: Look at Wisconsin for comparison. After a decade of tax-n-spend Democrat stranglehold on the state, multibillion deficit, high(er) unemployment, and underfunded pension program, the people elect Scott Walker three times (if you count the recall election). For the most part he has eliminated the deficit, shored up the state's pension plan (it's 99% funded), and Wisconsin is above the national average for economic growth. Now that Walker has dug the state out of the hole dug by the Democratic Party imagine what a few more years will do as we move ahead. You are very wrong on point #2. You don't have to worry about being cold when you don't have to pay for the heat. We are over run buy welfare recipients from Illinois, Texas and had a huge influx when Wisconsin reformed their programs. Back when the news actually covered news it was amazing how many of the suspects had "Chicago ties". This is a huge welfare state and it is getting much worse. |
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Posted: 2/27/2015 1:20:50 PM EDT
[#8]
This is the same governor that is pushing a gasoline tax increase for road and bridge improvement, yet there is an over 1 BILLION dollar surplus.
Brilliant! |
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Posted: 2/27/2015 1:46:39 PM EDT
[#9]
These same policies have been applied in California, Massachusetts, Rhode Island, New York, New Jersey, Maryland, and Illinois.
Each of those States has been, or is still is, on the brink of insolvency as a result. |
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Posted: 2/27/2015 1:51:50 PM EDT
[#10]
Quote HistoryQuoted: You are very wrong on point #2. You don't have to worry about being cold when you don't have to pay for the heat. We are over run buy welfare recipients from Illinois, Texas and had a huge influx when Wisconsin reformed their programs. Back when the news actually covered news it was amazing how many of the suspects had "Chicago ties". This is a huge welfare state and it is getting much worse. Quote HistoryQuoted: Quoted: Quoted: Like it or not, conservatives have to confront this story. Is it true? Why? Did other things account for the improvements? Much like tax CUTS, tax increases take time to score dynamically. If you raise taxes suddenly, no one has time to move out of the way. Eventually they will. See California. Reagan's 1981 cuts resulted in increased deficits for the first 24 months or so; it took about 6 years before revenues doubled. And Walker went from deficit to surplus with tax CUTS. So we will see. But this should be examined carefully by someone like Heritage. 1) It's a small population state - only about 5 million residents, so things are just less complicated 2) It's is cold as fuck here about 6 months out of the year, so the state doesn't attract a lot of welfare leaching ghetto goblins 3) Minnesota has a very small poor population, so they aren't a big drain on the school system, healthcare system, etc. 4) Minnesota has few cities of the first class 5) Minnesota has a generally well educated population 6) Minnesota has a few big companies that "anchor" the economy (Best Buy, 3M, Medtronics, etc) Now, here is the kicker - yes Minnesota has done okay under Keynesian tax-n-spend liberal Democrat rule. But just imagine how much better it would do under the stead of conservative values and ideals if all that potential was unleashed! Instead of seeing economic growth that beats the national average by just a few percentage points it could be destroying it. But you know what? Most the people in MN are dumbfuck liberals who keep electing tax-n-spend democrats, so who cares! Ediated to add: Look at Wisconsin for comparison. After a decade of tax-n-spend Democrat stranglehold on the state, multibillion deficit, high(er) unemployment, and underfunded pension program, the people elect Scott Walker three times (if you count the recall election). For the most part he has eliminated the deficit, shored up the state's pension plan (it's 99% funded), and Wisconsin is above the national average for economic growth. Now that Walker has dug the state out of the hole dug by the Democratic Party imagine what a few more years will do as we move ahead. You are very wrong on point #2. You don't have to worry about being cold when you don't have to pay for the heat. We are over run buy welfare recipients from Illinois, Texas and had a huge influx when Wisconsin reformed their programs. Back when the news actually covered news it was amazing how many of the suspects had "Chicago ties". This is a huge welfare state and it is getting much worse. Check out the data from the US Census bureau. First link. Wealth of information, and you may be surprised which counties rank highest for poverty (too bad it doesn't drill down to city level). |
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Posted: 2/27/2015 4:56:02 PM EDT
[#11]
Quote HistoryQuoted:
...Except for the undeniable FACT that it DID work in Minnesota... But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Quote HistoryQuoted:
Quoted:
liberal common core math again. taxation and raising minimum wage doesn't work. it's called Detroit But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. lol Y'all go ahead and make a furtive movement. i don't give a fuck anymore. I hope our masters just say fuck it, establish a living wage. Everybody gets the same wage, and it's taxed at 90 percent. 75 bucks an hour. That ought to do it. Then our nationwide economy will be booming! Fucking commies outing themselves all over the place. Did I mention I don't give a fuck about it anymore? Let it crater. I'm voting communist or green from now on. |
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Posted: 2/27/2015 5:00:09 PM EDT
[#12]
Quote HistoryQuoted:
...Except for the undeniable FACT that it DID work in Minnesota... But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Quote HistoryQuoted:
Quoted:
liberal common core math again. taxation and raising minimum wage doesn't work. it's called Detroit But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Ok noted someone is for bigger government, less rights & unequal taxation. Good to know. & In before the crash. |
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Posted: 2/27/2015 5:04:55 PM EDT
[#13]
Quote HistoryQuoted:
3M won't invest in Minnesota. 3M is headquartered here, but is on record that they will not build anything new in this state. The progressives that celebrate the lies in the HuffPo opinion piece are also mad at Minnesota because only whites are doing well in Minnesota. The cognitive dissonance on the progressive left must be difficult to live with. http://www.theatlantic.com/business/archive/2015/02/minneapoliss-white-lie/385702/ http://www.tcdailyplanet.net/news/2014/08/15/minnesotas-good-life-whites-only Quote HistoryQuoted:
Quoted:
Quoted:
Quoted:
liberal common core math again. taxation and raising minimum wage doesn't work. it's called Detroit But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Well, Manchurian Mining and Manufacturing is headquartered up there. 3M won't invest in Minnesota. 3M is headquartered here, but is on record that they will not build anything new in this state. The progressives that celebrate the lies in the HuffPo opinion piece are also mad at Minnesota because only whites are doing well in Minnesota. The cognitive dissonance on the progressive left must be difficult to live with. http://www.theatlantic.com/business/archive/2015/02/minneapoliss-white-lie/385702/ http://www.tcdailyplanet.net/news/2014/08/15/minnesotas-good-life-whites-only Liberals need to be lied to by blogs like HuffPaint. Otherwise their heads would explode from the dissonance. |
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Posted: 2/27/2015 5:09:03 PM EDT
[#14]
Actually lets have a VERY basic example of the economics.
run a household like that on limited income capability but unlimited borrowing. Pay one kid too much for doing nothing to help the house, pay the one of the other just enough to pay for his food & gas money, then another works his ass off to make more but tax him for it & spend the tax on liqueur, & smokes for the other kid. See how long it takes before the house gets repo'd. Go ahead, try it & let us know how it works out |
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Posted: 2/27/2015 5:19:37 PM EDT
[#15]
Quote HistoryQuoted:
Mark Dayton hides his personal money in South Dakota. The reason that he has a billion dollar surplus is that he raised the budget from $32 billion to $35 billion & taxes a corresponding amount, THREE billion. Thus we've had a net tax increase of two billion dollars. ...which prompts the question, what's going to happen to the extra billion dollars? I haven't heard a single proposal to return it to the tax payers. Why yes he does. A lot of people hide their money here. |
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Posted: 2/27/2015 5:24:25 PM EDT
[#16]
Quote HistoryQuoted:
Only the low intelligence folks think that lasts. It's short term. Quote HistoryQuoted:
Quoted:
Quoted:
liberal common core math again. taxation and raising minimum wage doesn't work. it's called Detroit But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Only the low intelligence folks think that lasts. It's short term. And when it all falls to shit they'll be on to the next piece of propaganda. |
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Posted: 2/27/2015 6:36:36 PM EDT
[#17]
Back when the news actually covered news it was amazing how many of the suspects had "Chicago ties". A couple of anecdotes: When I first got here in the mid 80s I recognized a lot of the "suspects" surnames from when I lived in Chicago in the 70s. It was always interesting to read the stories about some kid whose father was a leader of the Black P Stone nation in Chicago just 10 - 15 years earlier. Another one: A few years after MOA opened I'm talking to a nice young urban troubadour at the MOA & he happens to mention that he's from the Chicago area, specifically Gary IN. I ask him why he came up here. He said that he retired here. 
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Posted: 2/28/2015 1:28:32 AM EDT
[#18]
Quote HistoryQuoted:
You assert "facts" not in evidence. The article is a progressive left lie from the start. The article is, propaganda. Firstly, Minnesota was not hit as hard by the economic downturn as other states. Much of this due to the business mix here. A business mix based on technology, and facilitated by a workforce educated well above the national average. Let's deconstruct some of the articles "facts": 1) The article asserts that Dayton inherited a projected 6.2b budget deficit (Minnesota runs a biannual budget cycle, so that is 6.2b for the 2-years of July 2011 to June 2013). The fact is the deficit was a prediction that never materialized due to Dayton was running on the budget he INHERITED from the previous year's legislature and Republican governor. This means the deficit that never materialized was mitigated by a budget designed and passed by Republicans who showed great restraint in both taxation and in spending. 2) "Dayton raised the income tax in his first four years in office". The income tax was raised in April 2013, more than two years into his term, and only after the Democratic party won majorities in both the MN House and MN Senate. These taxes have had only one year (2014) to impact the economy of Minnesota and we are already seeing the negative results. 3) Dayton added 172,000 new jobs to the Minnesota economy during his first term. The claim comes from an October 2014 press release and ignores that for the first two years of his term Governor Dayton was running on the budget from the previous Republican Governor and majority Republican legislature and then on a budget drafted by a majority Republican legislature for the next two years. In other words, for his first term Dayton was running on Republican designed budgets (Minnesota runs on a two-year budget cycle). 4) A current projection of $1B surplus. Today, a new projection is due from MNOMB. If the projection is not revised down, the Democrats plan on increasing spending to spend all of the surplus and permanently increasing government spending. TLDR: Dayton 's economic "success" in Minnesota is due to Republican budgets. Dayton inherited a Republican Governor's budget for his first two years in office (budget cycle of July 2011-June 2013) and then had to work with a Republican legislature budget (to include inducing a government shutdown and eventually accepting the Republican budget) for his next two years (budget cycle of July 2013-June 2015). His all-democrat-budget kicks in this summer. A rare gem of a comment, filled with actual facts to counter make-believe ones. Extremely refreshing. |
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Posted: 2/28/2015 1:32:56 AM EDT
[#19]
Quote HistoryQuoted:
And you have Al Franken. dont remind us 
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Posted: 2/28/2015 1:38:29 AM EDT
[#20]
Quote HistoryQuoted:
...Except for the undeniable FACT that it DID work in Minnesota... But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Quote HistoryQuoted:
Quoted:
liberal common core math again. taxation and raising minimum wage doesn't work. it's called Detroit But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. its only been "working" because daytons budget hasent kicked in on top of that it takes a bit of time for people to get fed up with high taxes and move to a different state as for the min wage, its already having an effect. prices are going up in restaurants and small businesses. go back to DU |
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Posted: 2/28/2015 1:39:41 AM EDT
[#21]
Quote HistoryQuoted:
Read the comments, the socialists are dancing in the streets with excitement. if we are lucky they will all freeze |
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Posted: 2/28/2015 1:41:23 AM EDT
[#22]
Quote HistoryQuoted:
What surplus? 272 Million dollar Capital Renovation http://www.startribune.com/politics/statelocal/216512021.html A new 90 million legislative office. Taxpayers foot the bill for all but 23 million. That is until the cost overruns start adding up. http://www.twincities.com/localnews/ci_24918018/new-legislative-office-gets-minnesota-senate-panels-ok Another 10 million to replace government planes. Again, until the actual totals come in. http://www.startribune.com/politics/statelocal/291459261.html I'm sure there is more........... dont forget the money for the vikings stadium, you know, cuz the epulltabs worked so well
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Posted: 2/28/2015 12:41:40 PM EDT
[#23]
Quote HistoryQuoted:
A rare gem of a comment, filled with actual facts to counter make-believe ones. Extremely refreshing. Quote HistoryQuoted:
Quoted:
You assert "facts" not in evidence. The article is a progressive left lie from the start. The article is, propaganda. Firstly, Minnesota was not hit as hard by the economic downturn as other states. Much of this due to the business mix here. A business mix based on technology, and facilitated by a workforce educated well above the national average. Let's deconstruct some of the articles "facts": 1) The article asserts that Dayton inherited a projected 6.2b budget deficit (Minnesota runs a biannual budget cycle, so that is 6.2b for the 2-years of July 2011 to June 2013). The fact is the deficit was a prediction that never materialized due to Dayton was running on the budget he INHERITED from the previous year's legislature and Republican governor. This means the deficit that never materialized was mitigated by a budget designed and passed by Republicans who showed great restraint in both taxation and in spending. 2) "Dayton raised the income tax in his first four years in office". The income tax was raised in April 2013, more than two years into his term, and only after the Democratic party won majorities in both the MN House and MN Senate. These taxes have had only one year (2014) to impact the economy of Minnesota and we are already seeing the negative results. 3) Dayton added 172,000 new jobs to the Minnesota economy during his first term. The claim comes from an October 2014 press release and ignores that for the first two years of his term Governor Dayton was running on the budget from the previous Republican Governor and majority Republican legislature and then on a budget drafted by a majority Republican legislature for the next two years. In other words, for his first term Dayton was running on Republican designed budgets (Minnesota runs on a two-year budget cycle). 4) A current projection of $1B surplus. Today, a new projection is due from MNOMB. If the projection is not revised down, the Democrats plan on increasing spending to spend all of the surplus and permanently increasing government spending. TLDR: Dayton 's economic "success" in Minnesota is due to Republican budgets. Dayton inherited a Republican Governor's budget for his first two years in office (budget cycle of July 2011-June 2013) and then had to work with a Republican legislature budget (to include inducing a government shutdown and eventually accepting the Republican budget) for his next two years (budget cycle of July 2013-June 2015). His all-democrat-budget kicks in this summer. A rare gem of a comment, filled with actual facts to counter make-believe ones. Extremely refreshing. Thank you. 
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Posted: 2/28/2015 4:03:23 PM EDT
[#24]
So is there a revision on the expected surplus yet?
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Posted: 2/28/2015 5:18:01 PM EDT
[#25]
Quote HistoryQuoted:
So is there a revision on the expected surplus yet? Yep. Projected surplus is now 1.869b for the biennium. http://mn.gov/mmb/forecast/forecast/ |
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Posted: 2/28/2015 5:48:25 PM EDT
[#26]
Quote HistoryQuote HistoryQuoted:
Quoted:
So is there a revision on the expected surplus yet? Yep. Projected surplus is now 1.869b for the biennium. http://mn.gov/mmb/forecast/forecast/ "Higher than expected personal income levels", since oilfield is laying off 25-30% of their employees you can expect this to fall sharply. |
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Posted: 3/2/2015 12:27:03 PM EDT
[#27]
So instead of refunding to taxpayers, building a rainy day fund, or putting it towards the pension fund, they're going to spend it on "whatever", with future commitments to more spending?
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Posted: 3/2/2015 1:34:38 PM EDT
[#28]
Quote HistoryQuoted:
So instead of refunding to taxpayers, building a rainy day fund, or putting it towards the pension fund, they're going to spend it on "whatever", with future commitments to more spending? The Democrats in the Senate and the Governor want to. However, the Republicans now have a majority in the state House of Representatives. We hope the R's hold the line. |
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Posted: 3/2/2015 2:25:11 PM EDT
[#29]
Quote HistoryQuoted:
Thank you.
Quote HistoryQuoted:
Quoted:
Quoted:
You assert "facts" not in evidence. The article is a progressive left lie from the start. The article is, propaganda. Firstly, Minnesota was not hit as hard by the economic downturn as other states. Much of this due to the business mix here. A business mix based on technology, and facilitated by a workforce educated well above the national average. Let's deconstruct some of the articles "facts": 1) The article asserts that Dayton inherited a projected 6.2b budget deficit (Minnesota runs a biannual budget cycle, so that is 6.2b for the 2-years of July 2011 to June 2013). The fact is the deficit was a prediction that never materialized due to Dayton was running on the budget he INHERITED from the previous year's legislature and Republican governor. This means the deficit that never materialized was mitigated by a budget designed and passed by Republicans who showed great restraint in both taxation and in spending. 2) "Dayton raised the income tax in his first four years in office". The income tax was raised in April 2013, more than two years into his term, and only after the Democratic party won majorities in both the MN House and MN Senate. These taxes have had only one year (2014) to impact the economy of Minnesota and we are already seeing the negative results. 3) Dayton added 172,000 new jobs to the Minnesota economy during his first term. The claim comes from an October 2014 press release and ignores that for the first two years of his term Governor Dayton was running on the budget from the previous Republican Governor and majority Republican legislature and then on a budget drafted by a majority Republican legislature for the next two years. In other words, for his first term Dayton was running on Republican designed budgets (Minnesota runs on a two-year budget cycle). 4) A current projection of $1B surplus. Today, a new projection is due from MNOMB. If the projection is not revised down, the Democrats plan on increasing spending to spend all of the surplus and permanently increasing government spending. TLDR: Dayton 's economic "success" in Minnesota is due to Republican budgets. Dayton inherited a Republican Governor's budget for his first two years in office (budget cycle of July 2011-June 2013) and then had to work with a Republican legislature budget (to include inducing a government shutdown and eventually accepting the Republican budget) for his next two years (budget cycle of July 2013-June 2015). His all-democrat-budget kicks in this summer. A rare gem of a comment, filled with actual facts to counter make-believe ones. Extremely refreshing. Thank you.
Right on the head of the nail here! When I moved to MN in 2004, Rs took over and fixed the problems the Ds and Ventura created. Everything is thanks to their budgets and spending cuts. Then the Ds rode Obama in and Franken stuffed more than a few ballot boxes to beat his R Senate challenger. I suspect the economy will dip coming up thanks to Dayton and his tax & Spend buddies. |
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Posted: 3/2/2015 6:09:42 PM EDT
[#30]
And Mark Dayton still wants to raise gasoline taxes in spite of having an almost TWO billion dollar surplus.
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Posted: 3/2/2015 8:09:25 PM EDT
[#31]
Quote HistoryQuoted:
Minnesota is underfunding its pension. Its only 75% funded and around $17 billion underfunded. Now we know where the money came from. Keep borrowing from the future..yes just like Detroit. Ignore the facts...get real and get yer head outta yer ass. |
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Posted: 3/2/2015 8:12:57 PM EDT
[#32]
I thought Somalian were draining the economy there.
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Posted: 3/2/2015 8:18:33 PM EDT
[#33]
Lol. Capitalizing the word "facts" and accusing people of being Obama haters seems to be the core liberal debate strategy lately.
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Posted: 3/2/2015 8:43:28 PM EDT
[#34]
Quote HistoryQuoted:
...Except for the undeniable FACT that it DID work in Minnesota... But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Quote HistoryQuoted:
Quoted:
liberal common core math again. taxation and raising minimum wage doesn't work. it's called Detroit But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Illiterate Somali clansmen and a hefty sprinkling of Honduran dreamer babies did there part, as well, AND THAT'S A FUCKING FACT!!!! High corporate taxes which help the middle class also helped, I would guess, along with taxes on income which increase both savings and disposable income. And, for every dollar state government spent they received $2 back. Undeniable fucking FACT! Won't they pay attention? |
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Posted: 3/2/2015 8:52:01 PM EDT
[#35]
Coming from a person what has searched for career level employment in MN (Not a 11 dollar an hour BS job). Fuck you Dayton, go choke on a bag of dicks you cocksucker
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Posted: 3/2/2015 8:53:15 PM EDT
[#36]
Quote HistoryQuoted:
Lol. Capitalizing the word "facts" and accusing people of being Obama haters seems to be the core liberal debate strategy lately. I just got accused of getting my facts from fox news. I never watch it.
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Posted: 3/2/2015 9:01:08 PM EDT
[#37]
Quote HistoryQuoted: Mn is a union.state too.Iowa is Right to work.I wonder how iowa's economy is doing? Wisconsin is looking at becoming another right to work state, great idea Walker.If this happens, we may have to put mn border patrol agents by the misissippi, to keep their workers out of our state, like the iowans.Our state cant handle any more refugees.    The productive people are leaving in droves! I don't know what you are smoking, but I would like to try some to avoid the real world. I will take your lack of ability to spell Mississippi or Iowa as a sign that you should stay in your shanty and not bother the rest of us that have Minnesota's best interest in mind. |
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Posted: 3/2/2015 11:08:46 PM EDT
[#38]
Quote HistoryQuoted:
I love this $150k/$250k family definition of "rich". I wonder how many of the truly rich left the state. Thats middle class.
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Posted: 3/2/2015 11:13:49 PM EDT
[#39]
It takes 6 to 8 years to see the trickle effects of ANY economical changes from the time its enacted until you see how it affected everything.
let me repeat that, 6 to 8 years to see changes Check back in 6 to 8 years. |
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Posted: 3/2/2015 11:41:46 PM EDT
[#40]
It may not quite take that long. Here in WI, we are already seeing economic improvements at all levels.
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Posted: 3/2/2015 11:54:42 PM EDT
[#41]
Quote HistoryQuoted:
...Except for the undeniable FACT that it DID work in Minnesota... But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Quote HistoryQuoted:
Quoted:
liberal common core math again. taxation and raising minimum wage doesn't work. it's called Detroit But aside from that, please continue to ignore the fucking FACTS, and continue to try to deny how well the economy is Minnesota is doing. Until other peoples money runs out and all the businesses leave for tax purposes. Then Detroit in Minnesota, eh? |
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Posted: 3/3/2015 12:13:52 AM EDT
[#42]
Quote HistoryQuoted:
First thing I thought too. Raising taxes does not spurr economic growth. There has to something new in the area that is bringing in wealth. Ah, the oil boom up there. I'm sure that has nothing to do with it. Quote HistoryQuoted:
Quoted:
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It helps when North Dakota is your neighbor and sucks up all of the under-employed from the area. I was thinking the same thing as I read this. Let's see how it looks a year or so after the current oil bust. First thing I thought too. Raising taxes does not spurr economic growth. There has to something new in the area that is bringing in wealth. Ah, the oil boom up there. I'm sure that has nothing to do with it. The typical mouth-breathing, innumerate lefty drivel is that raising taxes spurs economic growth by way of the gov't turning around and spending that tax money. It's quite true... if you're fucking retarded and set up your GDP accounting to put all of your gov't spending in certain columns. Meanwhile back in the real world you get negative feedback once you stop spending money on things that actually help - basic infrastructure, a certain amount of law and order, you know first world shit - and start pissing it down on the drain on various progressive pet causes. Paying people to sit around and do nothing but whine, fuck, and get fat on free junkfood is as fundamentally incapable of creating wealth as the classical example of breaking windows and then paying people to fix them. One day you wake up and find that tax revenues aren't as high as you'd hoped. You then either raise taxes to cover the shortfall, choking off new wealth generation, or you borrow or print. State and local governments can't print (or print in ways where they're pretending to borrow), so they start using debt and paint themselves into a corner to the point where they're borrowing money to pay the interest on other borrowed money. Then they start shorting things like pensions and similar future obligations by playing fast and loose with projected returns, which in turn creates even bigger shortfalls, which takes even more borrowed money to patch... Taxation past a certain level has always ended in a giant clusterfuck. ALWAYS. |
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