Monday, October 05, 2009

The Great Margaret Kelliher Depression


Month

2007

Employment

2008

Employment

2009

Employment

Jobs Lost under DFL leadership- 2007-09





January
2,740,819
2,734,638
2,669,553
-71,266 jobs




February

2,743,305
2,737,682
2,667,200
-76,105 jobs




March

2,751,999
2,744,995
2,677,032
-74,967 jobs




April

2,762,138
2,773,812
2,711,875
-50,263 jobs




May

2,780,904
2,785,043
2,722,823
-58,081 jobs




June

2,803,642
2,801,754
2,734,978
-68,664 jobs




July
2,813,752
2,815,320
2,770,222
-43,530 jobs




August

2,791,823
2,804,161
2,755,665
-36,528 jobs




September

2,778,567
2,787,211
pending
pending




October

2,789,359
2,801,016
pending
pending




November

2,795,066
2,767,770
pending
pending




December

2,764,107
2,724,228
pending
pending






















(source)

Andy Gildea writes:

(Yet the DFL has) told small business owners and employers every day for nearly three years that they are not paying their “fair share” of Minnesota taxes.

They have been threatened constantly with higher income taxes, higher business taxes, higher property taxes, higher taxes on their investments in business expansions, and virtually every other tax.

The DFL have also voted to raise every person’s income tax rates, create a new top income tax rate, and eliminate the income-tax deduction for interest paid on home mortgages.

As a consequence, employers have not felt positive about investing in Minnesota jobs. In fact, the unemployment rate has increased by about 50% since the DFL took control of the House.

Is it any wonder that places like South Dakota and Iowa have been successfully courting jobs away from Minnesota for the past two to three years?

Electing the absolutely clueless to perform important functions has its consequences. Consequences that should now be all too apparent to anyone with any kind of a clue.