Proof Of Concept
Thursday, December 8th, 2022How certain is the DFL that at least a plurality of Minnesota voters just aren’t very good at logic, civics or critical thinking?
Sure enough that they’re treating the $17 Billion “Surplus” a big win for progressive governance, and proof of some divine mandate:
What it actually is, of course, is a combination of:
- BIllions of dollars in federal Covid stimulus dollars
- The normal Minnesota DFL overtaxation…
- …with receipts driven up by inflation in the cost of the goods being taxed
- All that taxation and inflation going on over an epipandemic surge in stimulus-swollen consumer spending
Mark my words – and I have marked them myself, with “to dos” on my calendar on the first Mondays ijn December of 2024 and 2026: the following will happen:
- The DFL will turn that “$217.6 Billion in Surplus” into permanent spending
- The economy will slow into recession (as even the DFL’s cheerleaders in their bespoke press are starting to observe).
- Without the Covid stimuli, and with the economy contracting, tax receipts will crash again.
- The state will have a multibillion dollar deficit by 2026, probably 2024.
We’ll check back on this. Oh, yes we will.










