Wednesday, June 5, 2013

Walker's Wisconsin ranked 49th in Nation for economic growth.

Scott Walker continues to show the nation just how NOT to run government...unless you're trying to not just make government smaller, but incompetent as well. 
jsonline: In the latest economic indicator that casts Wisconsin in a negative light, the Badger state ranks 49th in the nation in the most recent index from the Federal Reserve Bank of Philadelphia. "Wisconsin clearly is not leading the recovery," said William Delwiche, an economist in Milwaukee at Robert W. Baird & Co.

The Philadelphia Fed data is from its monthly state-by-state index of leading economic growth indicators, and is meant to predict how the state's economy will grow in the next six months. The 50-state Leading Index report for April showed only five states with contraction, assigning Wisconsin an index rank of -0.74%. Wyoming, with a rank of -1.29%, is the only state with a lower index.
Of course, it’s always good to protect the guilty, just in case  they run for president….

And the Philadelephia Fed's report is imperfect. 

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