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Author Topic: Democratic policies are better for the economy than Republican policies.  (Read 15274 times)
Fau Teixeira
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« on: February 21, 2019, 10:13:32 am »

https://www.epi.org/publication/as-wisconsins-and-minnesotas-lawmakers-took-divergent-paths-so-did-their-economies-since-2010-minnesotas-economy-has-performed-far-better-for-working-families-than-wisconsin/

This is a study comparing the economic recovery and health of Minnesota and Wisconsin, The premise is that WI had a republican governor, and legislature and passed and promoted republican policies. while Minnesota had a democratic governor and legislature and passed and promoted democratic policies. The geographic location and demographic composition of the states are very similar and so this allows a like to like comparison of Rep vs. Dem over a 7 year period from 2010 to 2017 to see what  empirically worked better.

Spoiler, democratic progressive policies worked way better than republican ones, in every single measurable category Minnesota came ahead of Wisconsin and it wasn't even close.

Quote
On a multitude of key measures, Minnesota’s economic performance over the past seven years has been markedly better than that of its neighbor to the east. On virtually every metric, workers and families in Minnesota are better off than their counterparts in Wisconsin—and the decisions of state lawmakers have been instrumental in driving many of those differences.
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Tenshot13
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« Reply #1 on: February 21, 2019, 10:38:08 am »

What isn't mentioned is how Minnesota's state debt is more than TWICE as much as Wisconsin's (MIN--$51.6 billion...$9,148 per citizen, WI--$23.8 billion...$4,099 per citizen).  MIN spends well over TWICE as much as WI ($73.2 billion vs. $29.2 billion), and while WI is bringing in less in-state income than MIN ($54.2 billion vs. $29.9 billion), WI is spending less than they earn (net of +$684.5 million) than MIN (net of -$19 BILLION).  

It seems like every time I see a story like this, there are very key points of data that aren't included.
« Last Edit: February 21, 2019, 11:11:51 am by Tenshot13 » Logged
BuccaneerBrad
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« Reply #2 on: February 21, 2019, 11:07:07 am »

Minnesota has NEVER gone red in a presidential election.   Not even in 1984 when Ronald Regan wiped the floor with Walter Mondale.   Mondale won two states, DC and Minnesota
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MyGodWearsAHoodie
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« Reply #3 on: February 21, 2019, 12:29:11 pm »

Minnesota has NEVER gone red in a presidential election.   Not even in 1984 when Ronald Regan wiped the floor with Walter Mondale.   Mondale won two states, DC and Minnesota

Never is false.   without looking. 1972 Nixon.  Don’t know if there are other examples.
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pondwater
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« Reply #4 on: February 21, 2019, 01:25:21 pm »

Is the point of this post to illustrate that Democrats are better than Republicans, so therefore everywhere should be run by Democrats? If that was the case you would see a mass exodus from Wisconsin to Minnesota. Not everyone cares, but most people lean one way or the other and should appropriately choose where to live.
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Fau Teixeira
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« Reply #5 on: February 21, 2019, 01:25:50 pm »

What isn't mentioned is how Minnesota's state debt is more than TWICE as much as Wisconsin's (MIN--$51.6 billion...$9,148 per citizen, WI--$23.8 billion...$4,099 per citizen).  MIN spends well over TWICE as much as WI ($73.2 billion vs. $29.2 billion), and while WI is bringing in less in-state income than MIN ($54.2 billion vs. $29.9 billion), WI is spending less than they earn (net of +$684.5 million) than MIN (net of -$19 BILLION).  

It seems like every time I see a story like this, there are very key points of data that aren't included.


so you're saying that budget deficits are good for workers and the economy .. and we should all run a deficit ?
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Fau Teixeira
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« Reply #6 on: February 21, 2019, 01:26:37 pm »

Is the point of this post to illustrate that Democrats are better than Republicans, so therefore everywhere should be run by Democrats? If that was the case you would see a mass exodus from Wisconsin to Minnesota. Not everyone cares, but most people lean one way or the other and should appropriately choose where to live.

the point was very simple and i even made it the post title .. democratic policies are better for the economy than republican ones .. so .. yeah .. end of point
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pondwater
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« Reply #7 on: February 21, 2019, 01:31:57 pm »

the point was very simple and i even made it the post title .. democratic policies are better for the economy than republican ones .. so .. yeah .. end of point
Everyone has a different idea of what "better" actually is. Otherwise like I said, if everyone actually agreed with your point, you would see a mass exodus from Wisconsin to Minnesota. Who are you trying to convince and what are you trying to convince them?
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Tenshot13
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« Reply #8 on: February 21, 2019, 01:39:37 pm »

so you're saying that budget deficits are good for workers and the economy .. and we should all run a deficit ?
I'm saying you're picking and choosing what parts sound good to you and ignoring the parts that are detrimental to your argument.
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pondwater
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« Reply #9 on: February 21, 2019, 01:56:44 pm »

I'm saying you're picking and choosing what parts sound good to you and ignoring the parts that are detrimental to your argument.
It's typical around here, haha.
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Sunstroke
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« Reply #10 on: February 21, 2019, 04:15:57 pm »

It's typical around here, haha.

Just to be fair... "Around here" in that sentence could be replaced by "with human beings in general" and it would be more realistic.

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pondwater
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« Reply #11 on: February 21, 2019, 04:53:49 pm »

Just to be fair... "Around here" in that sentence could be replaced by "with human beings in general" and it would be more realistic.


While you are technically correct. I was more referring specifically to this site and some of its members.
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masterfins
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« Reply #12 on: February 21, 2019, 10:12:44 pm »

The problem with the article that was pasted by the OP is that it is skewed to project the viewpoint of the writer by using primarily percentage increases to arrive at their conclusion; instead of also pointing out the hard numbers.  For example if Wisconsin started out at lets say 100, and Minnesota started out at 80, and they both increased by 20, to 120 and 100 respectively, then they both increased by 20...BUT Wisconsin would be a 20% increase and Minnesota would be a 25% increase.  The author is pointing out in his opinion Minnesota is doing much better because they increased by 25%, while Wisconsin only increased by 20%, yet Wisconsin started out in much better shape, and is still in better shape than Minnesota.  If you look at the overall job count numbers Wisconsin started with higher employment and finished with higher employment (even while cutting state & local gov't jobs-which is good for tax payers).

Now Wisconsin's population is a little greater (5.8 mil vs. 5.6 mil) so they should have higher employment numbers, but none of this is taken into consideration by the author when he narrowly focuses on comparing only percentage growth.

And as for Tax Burden, Minnesota is the 5th worst state for per capita annual taxes; Wisconsin is 16th.

So, for the author to imply that the Democratic rule is so much better than Republican rule is not fair.  Especially if you want to look at debt accumulations by each of the states.
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CF DolFan
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« Reply #13 on: February 22, 2019, 08:10:17 am »

As a person everyone agrees you can't have more debt than you do income. Not sure why people can't see that for our government.
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MyGodWearsAHoodie
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« Reply #14 on: February 22, 2019, 08:48:11 am »

As a person everyone agrees you can't have more debt than you do income. Not sure why people can't see that for our government.

Almost every person that buys a house, attends college or start a business has more debt than income, there are exceptions but in general.
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