Monthly Archives: September 2011

President Obama’s proposed jobs bill would support jobs, economic growth in Minnesota

The American Jobs Act proposed by President Obama could create or support more than 26,000 jobs and inject at least $1.5 billion into Minnesota, according to estimates by the Obama Administration. Those jobs include teachers, police, firefighters, engineers, construction workers and more. … Continue reading

Posted in Economy, Federal Budget, Taxes | Tagged , , , , , , | 1 Comment

Racial disparities grow in Minnesota as poverty increases, household income declines

Earlier this month, we learned the distressing (but not surprising) news that poverty is increasing and median household income is declining in Minnesota. The U.S. Census is out with another report showing even worse news. Minnesota has an unfortunate history of … Continue reading

Posted in Economy, Poverty | Tagged , , , , , , , , , | 2 Comments

Minnesota losing ground on poverty, income and the number of uninsured

It seems oddly appropriate (and a little inconvenient) that I was out of town at a conference on the day the U.S. Census Bureau released the latest statistics on poverty, income and health insurance coverage in the United States. It reminded … Continue reading

Posted in Economy, Health Care, Poverty | Tagged , , , , , , | 2 Comments

State’s revenues on track, but forecast looks grim

The odds are increasing that Minnesota state government will face a new revenue shortfall when the Legislature reconvenes in February. This July, the Governor and Legislature passed a balanced budget for the FY 2012-13 cycle, which runs through June 30, 2013. But a … Continue reading

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Unemployment rate is high, but still underestimates the challenges facing many Americans

As we approach Labor Day, it is sobering to remember that the national unemployment rate stands at 9.1 percent. For comparison, during the last two recessions, the rate never rose above 7.8 percent. Experts are predicting that unemployment will remain above eight percent for five … Continue reading

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