State Growth Patterns

I get Governor Scot Walker’s newsletter. He continues to paint a glowing picture of how well we are doing in the state. Remember his pledge to create 250,000 jobs during the first 4 years of his term. That pledge has morphed into a promise, a promise that has practically no possibility of being kept.

I did a little research on job growth among the states. I didn’t find a comprehensive report but I did find the following:

According to the Kiplinger Report the top 10 states in job growth 2013: 1. Utah 3%, 43,965*; 2. Nevada 2.7%, 31,050.5; 3. Hawaii 2.7%, 16,200 jobs; 4. South Carolina 2.5%, 47,300; 5. Colorado 2.5% 56,900 jobs; 6. Idaho 2.4%, 15,000 jobs; 7. Florida 2.4%, 175,985 jobs; 8. Texas 2.3%, 247,850 jobs; 9. North Carolina 2.1%, 84,740 jobs; 10. Arizona 2.1%, 50,925 jobs.

According to the Milwaukee Journal Sentinel Wisconsin job-creation rate ranking jumps to 33^rd from 44^th in the nation. While that is good is has come with some great expense. Asking teachers and other employees how it is going. He loves handing out money to small businesses but one wonders what type of return we are getting on that investment of our tax dollars. Plus, not all jobs come from small businesses.

The very right leaning Forbes magazine in June of this year says, “Economy Kill Scott Walker Takes Wisconsin to 49^th in the country. They see Wisconsin as 1 of 5 states in the union undergoing economic contraction.

Another site gave the slowest growing states economies: 10. New Jersey, 9. Indiana, 8. Wisconsin, > Pct. Change in GDP: 25.9%
> Pct. Change in Population: +6%
> Unemployment Rate: 7.3%
> Median Household Income: $49,993
> Change in Household Income: +10.9%
> Pct. Below Poverty Line: 12.4%

Read more: America’s Fastest and Slowest Growing State Economies - 24/7 Wall St. http://247wallst.com/investing/2011/06/08/america%e2%80%99s-fastest-and-slowest-growing-state-economies/#ixzz2ggfNt6rt
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 7. New Hampshire, 6. Illinois, 5. Georgia 4. Massachusetts, 3. Missouri, 2. Ohio, 1. Michigan.

Now that the congress has stopped funding the government that should help, right?