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IOWA NOW DEAD LAST IN GDP GROWTH UNDER ALL-REPUBLICAN CONTROL

https://iowastartingline.com/2017/11/22 ... n-control/

Very bad news this week for both Governor Kim Reynolds and the Republican-controlled Iowa Legislature. The U.S. Bureau of Economic Analysis (BEA) reported the second quarter economic growth by state (GDP). Iowa’s economic growth was a negative .7%, dead last among all 50 states. Of the 50 states, 48 had positive growth in this period. Only Iowa (-.7%) and South Dakota (-.3%) had a negative growth rate.

While one quarter’s performance doesn’t predict future growth, it’s a huge embarrassment for the Iowa Republican Party. The Republican Governor and the GOP control majorities in both branches of the Legislature and have driven Iowa’s economy to last place in the nation. They can’t blame the Democrats for this economic disaster.

This latest economic data simply confirms what most Iowans already know. Republicans’ mismanagement of state government has led Iowa to a budget train wreck. Under their management they have taken a budget surplus of nearly $1 billion in 2013 to a budget deficit this past year. In the Reynolds regime’s struggle to balance the state budget this past year, they slashed spending by $118 million and ended up borrowing another $144 million to end the budget year. One wonders if former Governor Terry Branstad didn’t foresee the budget mess he and Reynolds were creating and decided to abandon ship by taking the China gig.

And it is going to get worse as Corn prices crater if Mexico opens up its markets duty free to Argentina and Brazil (most of the corn, wheat and rice imported into Mexico, billions worth, comes from the US.

Means I need to drive slow thru Iowa this weekend. State is looking for money.

Gil Dobie wrote:Means I need to drive slow thru Iowa this weekend. State is looking for money.

Problem is if you drive slow then you at risk for all those fast food joints along the road....

VictorG wrote:

Gil Dobie wrote:Means I need to drive slow thru Iowa this weekend. State is looking for money.

Problem is if you drive slow then you at risk for all those fast food joints along the road....

Saving up for Zombie Burger in Des Moines.

Maybe try the funnel cake sandwich this time.

Wait...
So you're saying that "Trickle Down" doesn't work..?
Why that's a shocking economic revelation

(who knew trickle down was so hard)

Gil Dobie wrote:

VictorG wrote:
Problem is if you drive slow then you at risk for all those fast food joints along the road....

Saving up for Zombie Burger in Des Moines.

Maybe try the funnel cake sandwich this time.

32.1 percent
Iowa now has the 12th highest adult obesity rate in the nation, according to The State of Obesity: Better Policies for a Healthier America released September 2016. Iowa's adult obesity rate is currently 32.1 percent, up from 20.9 percent in 2000 and 12.2 percent in 1990.

Iowa is taking on water while Illinois has already sunk and is sitting at the bottom of the ocean. Rather than trying to raise the state politicians are digging away at the ocean floor in the hopes of sinking her further.

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Just thought I’d help back by shortening up his initial post...

dbackjon wrote:IOWA NOW DEAD LAST IN GDP GROWTH UNDER ALL-REPUBLICAN CONTROL

https://iowastartingline.com/2017/11/22 ... n-control/
I admit I have virtually nothing here, since one quarter’s performance doesn’t predict future growth, it’s a huge embarrassment for the Iowa Republican Party and I love embarrassing a GOP-dominated state.

I chose not to pick Texas, a GOP-dominated state as it is near the very top of GDP growth...That would be contrary to the point I’m trying top make...

https://www.bea.gov/newsreleases/region ... elease.htm

Pay no attention to the man behind the curtain.

Ok. I'll bite.

1. Fuck you for only thinking of clenz.

2. Citing Iowa Starting Line and/or Rick Smith is like citing Democratic Underground or Daily Kos in an argument.

3. The 2017 Legislative Session ended on April 21 and Kim Reynolds became governor on May 24. How many bills have her signature on them? Zero.

4. US News says Iowa is 8th in education overall, 6th for PK-12. That's last place?

5. Starve public schools? Schools have gotten more money every year. The last time they had an actual cut was when a Democrat was governor and he did an across the board cut.

6. The legislature didn't become R controlled until January of this year. Prior to that we had a split legislature. The budget shortfalls we had for the year just ended was a budget approved by the D controlled Senate and the R controlled house and governor. The Medicaid privatization was approved by the split legislature. Reynolds was Lt. Gov. but not Governor for either.

The state does have a big mess. The farm economy is weak. Although agriculture is a small piece of the pie in Iowa's economy it does trickle through everything. Anybody with a brain could see it coming a couple years ago but the split legislature used rosy assumptions to plan the budget and they failed miserably. A big part of the budget problem is from a property tax reduction approved by the split legislature in 2013.

Both the Rs and Ds in Iowa suck. Rs and many Ds are owned by corporate agriculture that pollutes our state. The Ds in Iowa could win (see Tom Harkin or Tom Vilsack) but they are stupid and nominate morans that talk about things like abortion or denigrate Chuck Grassley ("you could have a farmer from Iowa chairing the Judiciary Committee") which turns people off. And then they wonder why they can't win elections.

HI54UNI wrote:Ok. I'll bite.

1. Fuck you for only thinking of clenz.

2. Citing Iowa Starting Line and/or Rick Smith is like citing Democratic Underground or Daily Kos in an argument.

3. The 2017 Legislative Session ended on April 21 and Kim Reynolds became governor on May 24. How many bills have her signature on them? Zero.

4. US News says Iowa is 8th in education overall, 6th for PK-12. That's last place?

5. Starve public schools? Schools have gotten more money every year. The last time they had an actual cut was when a Democrat was governor and he did an across the board cut.

6. The legislature didn't become R controlled until January of this year. Prior to that we had a split legislature. The budget shortfalls we had for the year just ended was a budget approved by the D controlled Senate and the R controlled house and governor. The Medicaid privatization was approved by the split legislature. Reynolds was Lt. Gov. but not Governor for either.

The state does have a big mess. The farm economy is weak. Although agriculture is a small piece of the pie in Iowa's economy it does trickle through everything. Anybody with a brain could see it coming a couple years ago but the split legislature used rosy assumptions to plan the budget and they failed miserably. A big part of the budget problem is from a property tax reduction approved by the split legislature in 2013.

Both the Rs and Ds in Iowa suck. Rs and many Ds are owned by corporate agriculture that pollutes our state. The Ds in Iowa could win (see Tom Harkin or Tom Vilsack) but they are stupid and nominate morans that talk about things like abortion or denigrate Chuck Grassley ("you could have a farmer from Iowa chairing the Judiciary Committee") which turns people off. And then they wonder why they can't win elections.

He’ Right You Know.meme.jpeg


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