Tim Walz's socialist Minnesota

After reading this Alpha News article. it's evident that Gov. Walz doesn't know the definition of capitalism. Alpha News quoted Doug Loon, the CEO of the Minnesota Chamber of Commerce, as saying "Our state has fallen behind on nearly every measure of growth. From 2019 to 2024, Minnesota ranked 33rd in GDP growth, 39th in job growth, 40th in labor force growth and 46th in growth of (real median) household income." States don't get those ratings by following the teachings of capitalism or Milton Friedman. Those are the results of a socialist economic model.

I'm stunned to read "Minnesota's long-heralded economy is losing steam according to a new report released Wednesday by the Minnesota Chamber Foundation which showed Minnesota’s GDP per capita has grown by just 1.0% annually since 2019, ranking 38th among states – well below the national average of 1.8%." Remember that most of those years were during the Biden administration.

This will catch your attention, too:

According to key economic measures highlighted in the report, Minnesota's labor force is seeing slow growth, increasing by 0.2% per year, ranking 40th in the nation. Additionally, Minnesota saw 48,000 residents leave the state than move here during a four year period from 2020 to 2024.

"These stats should serve as a wake-up call," wrote Doug Loon, president and CEO of the Minnesota Chamber of Commerce. "We cannot hide from the realities of our economic position. We can both celebrate what’s great and confront the barriers that hold us back. It’s time to restore our competitiveness and create opportunity here in Minnesota."

That's being diplomatic. Frankly, I can't identify anything that's great. It's difficult finding things that are decent. This can't help Gov. Walz's campaign:
WCCO Radio political analyst Blois Olson discussed the findings Wednesday morning on the WCCO Radio Morning News with Vineeta Sawkar.

"We just don't have the growth, we don't have the workforce growth or the GDP growth that other states have," Olson said. "This comes on the heels of a Greater MSP report that said we're facing headwinds here."

"As I travel around the upper Midwest and other other states, communities are doing better at holding on to their workforce, holding on to their youth, they're adding the amenities, they're creating a competitive wage, they're they're affordable states, and that's those are the states that are attracting talent right now," Loon explains.

This is how Chad Hartman reacted to the news: If you're Tim Walz, that isn't the reaction I'm hoping for. With each bit of bad Walz news, the more I'm thinking Gov. Walz will get defeated. Jeff Johnson, my candidate, said "It's time for Minnesota to hop back on the capitalism train. We've been on the high tax train too long."

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