Chanting Points Memo: Flat Versus Bouncy

By Mitch Berg

One of the left’s favorite chanting points this past few months has been that, supposedly, Minnesota’s job growth under an all-Democrat regime has outstripped that of newly-Republican Wisconsin.

Conservatives responded that Wisconsin was shaking off the after-effects of decades of “progressive” incompetence, and would take a while, while in the meantime Minnesota was still coasting on having had ten years of one combination of GOP governor or legislature or another.

Well, the coasting’s stopped:

There was a “substantial vacation” in U.S. entrepreneurial activity last year—but nowhere was it as pronounced as in Minnesota.
That’s according to The Kauffman Index of Entrepreneurial Activity, a report compiled by the Kansas City, Missouri-based Ewing Marion Kauffman Foundation. The study essentially defines entrepreneurial activity as being tied to the launch of new businesses, and it is meant to serve as an indicator of business-creation activity across the United States.
The report found that there was a national lull in entrepreneurship in 2012, when roughly 514,000 entrepreneurs opened new businesses each month, down from 543,000 in 2011.
The report defines entrepreneurial activity based on how many adults per 100,000 residents started a new business each month during the year. Minnesota fared the worst, with only about 150 out of 100,000 residents opening businesses on a monthly basis.

Minnesota has always been a difficult place to start a business.

Run a Fortune 500?  That’s a whole ‘nother thing – although ask yourselves how many Fortune 500s based in the Twin Cities are building non-retail operations in the state these days.

But how about Wisconsin?

This MPR story a few months back shows that while Wisconsin is lagging, a big part of the reason is that the Badgers are overcoming so much negative intertia from when the Democrats had full reign over the place.

6 Responses to “Chanting Points Memo: Flat Versus Bouncy”

  1. Punch Drunk Nation | Shot in the Dark Says:

    […] Last week reported that entrepreneurial activity in Minnesota was the worst in the entire US. […]

  2. After The Honeymoon Is Over | Shot in the Dark Says:

    […] in the medical device business.  But while you all were busy campaigning for same sex marriage, Minnesota small-business startups slowed to the worst rate in the entire country.  Which means the small-business jobs of tomorrow, and the mid-sized business jobs a few years […]

  3. Democrat Lies: Taking Stock, Looking Ahead | Shot in the Dark Says:

    […] already having an effect; Minnesota has sunk to the lowest ranking for new business creation in the nation.  More will surely follow.  And the raft of new regulations is going to brutalize the already […]

  4. Our Innumerate Overlords | Shot in the Dark Says:

    […] When an overabundance of regulation makes entrepreneurship – starting ones’ own business – less tenable.  Like the DFL has done for Minnesota, giving the state the worst climate for entrepreneurship in the country. […]

  5. Chanting Points Memo: We’re Number Eight! | Shot in the Dark Says:

    […] we know that, since Minnesota has become the worst state in the nation for entrepreneurship measured in small business s… since the DFL took […]

  6. Chanting Points Memo: Irrational Exuberance | Shot in the Dark Says:

    […] take time to change – but the parade of suck has begun in Minnesota. This entry was posted in Chanting Points Memo by Mitch Berg. Bookmark the […]

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