Thursday, May 30, 2013

Wisconsin's Walker-Led Recession

I'm using the term as a general descriptor of decline - -  and fresh government data with a map from Federal banking officials show our sorry State:
Release Date:
May 28, 2013
The Federal Reserve Bank of Philadelphia has released the leading indexes for the 50 states for April 2013.
 
The indexes are a six-month forecast of the state coincident indexes (also released by the Bank). 
Forty-five state coincident indexes are projected to grow over the next six months, while five (Alaska, Louisiana, North Dakota, Wisconsin, and Wyoming) are projected to decrease.

6 comments:

  1. All five have Republican governors, interestingly enough.

    And four of them (all except Wisconsin) have a large energy-extraction sector. In recent years that means economic growth. What changed? And what's Walker's excuse?

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  2. Excuses have included recall protests, Obamacare, The Ghost of Jim Doyle, bad data, etc. etc. etc.

    Nothing of his doing...

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  3. well, I have often said that whenever you hear the Extraction Industry say something, bet on it being a lie.

    If I had been playing that line for dollars, I could probably stop working. I might even qualify for the Walker Rich-Guy tax break by now....

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  4. JR, I think they are probably also blaming it on Benghazi.

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  5. And let's not forget Union Thugs and Far-Left Ideological Zealots...

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  6. To all of you, please go to the corner and repeat after me: It's working. It's working. It's working.

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