It’s official — trickle-down economics is bunk.

cawacko said:
Texas and Kansas aren't comparable. Look at the tech scene in Texas and particularly Austin. It's growing like crazy. Why are firms moving from California to Austin? Business friendly environment and affordable.

Texas has a diverse state economy.
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Great for business tough on homeowners!
 
cawacko said:
Texas and Kansas aren't comparable. Look at the tech scene in Texas and particularly Austin. It's growing like crazy. Why are firms moving from California to Austin? Business friendly environment and affordable.

Texas has a diverse state economy.
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Then why did you compare them?
 
ZappasGuitar said:
This Billionaire Governor Taxed the Rich and Increased the Minimum Wage — Now, His State’s Economy Is One of the Best in the Country


The next time your right-wing family member or former high school classmate posts a status update or tweet about how taxing the rich or increasing workers’ wages kills jobs and makes businesses leave the state, I want you to send them this article.

When he took office in January of 2011, Minnesota governor Mark Dayton inherited a $6.2 billion budget deficit and a 7 percent unemployment rate from his predecessor, Tim Pawlenty, the soon-forgotten Republican candidate for the presidency who called himself Minnesota’s first true fiscally-conservative governor in modern history. Pawlenty prided himself on never raising state taxes — the most he ever did to generate new revenue was increase the tax on cigarettes by 75 cents a pack. Between 2003 and late 2010, when Pawlenty was at the head of Minnesota’s state government, he managed to add only 6,200 more jobs.

During his first four years in office, Gov. Dayton raised the state income tax from 7.85 to 9.85 percent on individuals earning over $150,000, and on couples earning over $250,000 when filing jointly — a tax increase of $2.1 billion. He’s also agreed to raise Minnesota’s minimum wage to $9.50 an hour by 2018, and passed a state law guaranteeing equal pay for women. Republicans like state representative Mark Uglem warned against Gov. Dayton’s tax increases, saying, “The job creators, the big corporations, the small corporations, they will leave. It’s all dollars and sense to them.” The conservative friend or family member you shared this article with would probably say the same if their governor tried something like this. But like Uglem, they would be proven wrong.

Between 2011 and 2015, Gov. Dayton added 172,000 new jobs to Minnesota’s economy — that’s 165,800 more jobs in Dayton’s first term than Pawlenty added in both of his terms combined. Even though Minnesota’s top income tax rate is the fourth highest in the country, it has the fifth lowest unemployment rate in the country at 3.6 percent. According to%
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Ralph said:
Right....such "Keynesian" practices over the past 8 years have not produce 10 Trillion more in debt, and reduced the US labor force to its lowest in decades. Down from 66.2 Jan. 2009 to 62.7 this past Nov. 2016 https://data.bls.gov/timeseries/LNS11300000

Keynesian economics by leftists have also produced MORE POVERTY than existed prior to 2009

More people are on Welfare 45 million a 43% increase since 2009

That's the real state of the union. More poverty. While Keynesian Economics is responsible for reducing the USA's Triple A credit rating TWICE....the first time in history.

Yep. Your economic plan works wonders. If you believe that poverty is the objective.
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I don't think you would understand Keynes if he reanimated, jumped up, and bit you on the ass.
 
Rana said:
Nope, he mentioned Kansas, you mentioned Texas. I showed you how Texas differs from Kansas, but most of America is more like Kansas.
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To be fair, Kansas does suck. It's not diverse at all. OTOH Texas isn't anywhere near as diverse as some people like to think it is. Texas is the biggest little state I've ever seen.
 
Guille said:
I don't think you would understand Keynes if he reanimated, jumped up, and bit you on the ass.
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And the ad hominem personal attacks....ends another game, its the final buzzer from the left when they can't refute the simple truth. Priceless. Your guild can be read like an open book. Funny as hell. The left's idea of debate BS personal attacks. You can't address the facts because these are THE FACTS. :) Another "snowflake"?
 
Ralph said:
And the ad hominem personal attacks....ends another game, its the final buzzer from the left when they can't refute the simple truth. Priceless. Your guild can be read like an open book. Funny as hell. The left's idea of debate BS personal attacks. You can't address the facts because these are THE FACTS. :) Another "snowflake"?
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Explain Keynes to me Econ genius.
 
Guille said:
To be fair, Kansas does suck. It's not diverse at all. OTOH Texas isn't anywhere near as diverse as some people like to think it is. Texas is the biggest little state I've ever seen.
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As a point of comparison what is a diverse economic state in our country then?
 
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