Gosh GD, don't you know that politicians have great magical powers to control the economy. They either use these powers for good (if they are Demoncrats) or evil (if they are Repukelicans) - the important part to understand is that they have powers that are not understandable by mere voters. We must worship them accordingly.
Not even two months ago, the media, Democrats, and liberals everywhere spoke with glee about Wisconsin being ranked 49th in six month economic forecast from the Philadelphia Federal Reserve bank.
But in the matter of just two months, the economic forecast for Wisconsin has taken a stunning trajectory up.
First, the April numbers (released at the end of May) that were the topic of headlines and press releases were revised upward to rank Wisconsin at 40th.
Then, the May numbers (released in June) saw Wisconsin jump to 20th.
And with new numbers out today for June, Wisconsin is now ranked 5th in new rankings among states on their six month economic outlook. For those keeping track, that's 40th, to 20th, to 5th in just a couple months.
And in another leading economic indicator, the coincidence index, Wisconsin ranks 2nd.
As the Cap Times noted late Tuesday:
Those banking on Wisconsin’s economy tanking in hopes it might cost Gov. Scott Walker his re-election are not going to like the latest numbers from the Philly Fed.
Walker's office says this news is just the latest in a series of positive economic developments, which they outlined Tuesday:
Wisconsin’s seasonally adjusted total nonfarm job gain from May to June shows an initial increase of 17,500, which is the largest month-to-month gain since April 1992. Wisconsin’s seasonally adjusted private job gain from May to June shows an initial increase of 13,800, which is the largest month-to-month gain since September 2003. CNBC ranked Wisconsin 5th in "Top US States for New Manufacturing Jobs" (June 25, 2013). 94 percent of Wisconsin job creators believe the state is "going in the right direction," up from just 10 percent in 2010 (WMC Survey, June 2013). Wisconsin’s initial unemployment insurance claims are at prerecession levels Year-to-date housing permits are 9.1% higher than prior year levels Wisconsin’s percent change in average weekly wage in the fourth quarter of 2012 was 12th in the nation; behind only Minnesota in the Midwest.
Forbes best state for business:
ReplyDeleteWisconsin
2007 44
2008 43
2009 48
2010 43
2011 40
2012 42
Scott Walker took office in Jan. 2011.
Don't think this really reflects on him......
Job growth, wage growth, economic outlook....
I'd bet those numbers haven't drastically changed since before Walker took office too.
Nothing like cherry picking numbers, leaving out things you don't like and claiming 'victory!'
Gosh GD, don't you know that politicians have great magical powers to control the economy. They either use these powers for good (if they are Demoncrats) or evil (if they are Repukelicans) - the important part to understand is that they have powers that are not understandable by mere voters. We must worship them accordingly.
ReplyDeletehttp://www.rightwisconsin.com/perspectives/217661991.html
ReplyDeleteNot even two months ago, the media, Democrats, and liberals everywhere spoke with glee about Wisconsin being ranked 49th in six month economic forecast from the Philadelphia Federal Reserve bank.
But in the matter of just two months, the economic forecast for Wisconsin has taken a stunning trajectory up.
First, the April numbers (released at the end of May) that were the topic of headlines and press releases were revised upward to rank Wisconsin at 40th.
Then, the May numbers (released in June) saw Wisconsin jump to 20th.
And with new numbers out today for June, Wisconsin is now ranked 5th in new rankings among states on their six month economic outlook. For those keeping track, that's 40th, to 20th, to 5th in just a couple months.
And in another leading economic indicator, the coincidence index, Wisconsin ranks 2nd.
As the Cap Times noted late Tuesday:
Those banking on Wisconsin’s economy tanking in hopes it might cost Gov. Scott Walker his re-election are not going to like the latest numbers from the Philly Fed.
Walker's office says this news is just the latest in a series of positive economic developments, which they outlined Tuesday:
Wisconsin’s seasonally adjusted total nonfarm job gain from May to June shows an initial increase of 17,500, which is the largest month-to-month gain since April 1992.
Wisconsin’s seasonally adjusted private job gain from May to June shows an initial increase of 13,800, which is the largest month-to-month gain since September 2003.
CNBC ranked Wisconsin 5th in "Top US States for New Manufacturing Jobs" (June 25, 2013).
94 percent of Wisconsin job creators believe the state is "going in the right direction," up from just 10 percent in 2010 (WMC Survey, June 2013).
Wisconsin’s initial unemployment insurance claims are at prerecession levels
Year-to-date housing permits are 9.1% higher than prior year levels
Wisconsin’s percent change in average weekly wage in the fourth quarter of 2012 was 12th in the nation; behind only Minnesota in the Midwest.
In other words, M is ignoramus lefty....as usual.
In other words, M is ignoramus lefty....as usual.
ReplyDeleteNot quite.
http://www.politifact.com/wisconsin/promises/walk-o-meter/promise/526/create-250000-new-jobs/
A future post...