Because two of the five regular contributors to Power Line live in the greater "twin cities" area of Minnesota, and a third grew up there, those of us who read the blog regularly get exposed to somewhat more MN news than we might voluntarily choose. The overage isn't painful and when it's too much, we just skip to the next story.
Today they're talking about how years of Democratic-Farm-Labor domination of state government have pulled down the MN economy.
Historically, Minnesota has always had higher than average GDP per capita and, consequently, better than average incomes.
But in recent years, the conservative policies that contributed to Minnesota’s success have been reversed, with increasingly dire results.
Minnesota loses (on net) residents in every income category over $50,000, while attracting residents (on net) only in the income category 0-$25,000. This is obviously not a sustainable business strategy. Economist John Phelan refers to it as the “deskilling” of Minnesota’s work force.
After years of horrific government policy, the inevitable has happened: for the first time since statistics have been kept, Minnesota is below average in per capita GDP.
Another example, if any was needed, of FAFO.
Karma is a b*tch.
