{"id":45845,"date":"2014-07-18T12:00:44","date_gmt":"2014-07-18T17:00:44","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=45845"},"modified":"2014-07-18T10:42:04","modified_gmt":"2014-07-18T15:42:04","slug":"rose-colored-glasses","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=45845","title":{"rendered":"Rose Colored Glasses"},"content":{"rendered":"

You can’t escape it on Twitter or in the Media – the DFL and its various spokespeople, and the media (pardon the redundancy) crowing about Minnesota’s job numbers.<\/p>\n

Because raising taxes creates <\/em>jobs, dammit!<\/p>\n

Except, as Bill Glahn notes, the numbers just don’t add up<\/a>.<\/p>\n

The state and its minions have been crowing that the state gained 8.500 jobs in June, and a total of 10,700 jobs so far this year.<\/p>\n

\n
Doing the arithmetic, that total means Minnesota gained 8,500 jobs in June, but a mere 2,200 jobs in the five months of January through May, combined.<\/div>\n<\/blockquote>\n

And it the numbers get more interestinger:<\/p>\n

\n
\u00a0Each month DEED also reports on the jobs created in the previous 12 months, for a rolling look at the number of jobs created for a year-long period. For the 12 months ending June 2014, DEED reports Minnesota created almost 53,800 jobs. That figure would mean that we\u2019d created 43,100 jobs in the six month of July through December 2013, but a mere 10,700 jobs in the most recent six months. Rather than suggesting an economic boom, those numbers indicate a real weakness in our state\u2019s economy.<\/div>\n<\/blockquote>\n

Bad, politically-driven\u00a0reporting from the state?\u00a0 Casual illiterate reporting from the media?\u00a0<\/p>\n

Glahn’s not done:<\/p>\n

\n
\u00a0But consider this anomaly:<\/div>\n
\u00a0<\/div>\n\n\n\n\n\n\n\n\n\n\n\n
\n
Reporting<\/strong><\/div>\n<\/td>\n
\n
\u00a0<\/div>\n<\/td>\n
\n
Jobs Gained<\/strong><\/div>\n<\/td>\n
\n
\u00a0<\/div>\n<\/td>\n<\/tr>\n
\n
Month<\/strong><\/div>\n<\/td>\n
\n
Month<\/strong><\/div>\n<\/td>\n
\n
YTD<\/strong><\/div>\n<\/td>\n
\n
Last 12 Mo.<\/strong><\/div>\n<\/td>\n<\/tr>\n
\n
June<\/div>\n<\/td>\n
\n
8,500<\/div>\n<\/td>\n
\n
10,700<\/div>\n<\/td>\n
\n
53,779<\/div>\n<\/td>\n<\/tr>\n
\n
May<\/div>\n<\/td>\n
\n
10,300<\/div>\n<\/td>\n
\n
—<\/div>\n<\/td>\n
\n
45,617<\/div>\n<\/td>\n<\/tr>\n
\n
April<\/div>\n<\/td>\n
\n
(4,200)<\/div>\n<\/td>\n
\n
—<\/div>\n<\/td>\n
\n
41,934<\/div>\n<\/td>\n<\/tr>\n
\n
March<\/div>\n<\/td>\n
\n
2,600<\/div>\n<\/td>\n
\n
—<\/div>\n<\/td>\n
\n
41,582<\/div>\n<\/td>\n<\/tr>\n
\n
February<\/div>\n<\/td>\n
\n
(100)<\/div>\n<\/td>\n
\n
—<\/div>\n<\/td>\n
\n
44,714<\/div>\n<\/td>\n<\/tr>\n
\n
January<\/div>\n<\/td>\n
\n
600<\/div>\n<\/td>\n
\n
—<\/div>\n<\/td>\n
\n
52,160<\/div>\n<\/td>\n<\/tr>\n
\n
Total<\/strong><\/div>\n<\/td>\n
\n
17,700 <\/strong><\/div>\n<\/td>\n
\n
\u00a0<\/div>\n<\/td>\n
\n
\u00a0<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\u00a0<\/div>\n
Adding together the number of jobs created each month in 2014, as reported by DEED, produces a total of 17,700 jobs for the year so far. So that means that sometime during the last few months, 7,000 jobs have vanished from the official state rolls.<\/div>\n<\/blockquote>\n

“Unexpectedly” vanished, of course.<\/p>\n

Glahn predicts the state’s rosy “8,500” number for June will be gradually revised out of existence.<\/p>\n

To be replaced – this is my prediction – by more inflated, misleading predictions intended to lull the incurious.<\/p>\n

And the news consumers they report to.<\/p>\n","protected":false},"excerpt":{"rendered":"

You can’t escape it on Twitter or in the Media – the DFL and its various spokespeople, and the media (pardon the redundancy) crowing about Minnesota’s job numbers. Because raising taxes creates jobs, dammit! Except, as Bill Glahn notes, the numbers just don’t add up. The state and its minions have been crowing that the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,2,263],"tags":[],"class_list":["post-45845","post","type-post","status-publish","format-standard","hentry","category-economy-and-the-market","category-minnesota-politics","category-narrative-for-sale"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/45845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45845"}],"version-history":[{"count":2,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/45845\/revisions"}],"predecessor-version":[{"id":45847,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/45845\/revisions\/45847"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45845"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}