Lori Sturdevant’s column this week is titled “If economy goes south, is Minnesota prepared?”

I thought on reading the headline “by Minnesota, surely she means the people of this state; the productive sector; the ones that actually pay the revenues in to the state to keep the government (aka the big parasitic appendage that drags the rest of the economy)“.  Right?

Oh, who was I trying to kid.  When she says “Minnesota”…

The state’s $739 million revenue downturn through June 2009, forecast Friday, came as no surprise to the budget reporters in the Capitol basement — schooled as we’ve been by the long, strong run of finance commissioners who have served Minnesota through the years. They’ve taught us well that this state’s revenue stream is wickedly variable. It floods in good times — or it used to, before the 1999-2000 income tax cuts — and it dries up quickly during

…she means government.

As to the media beating the “recession” drumbeat…Kiiiiiiing?

This entry was posted by by Mitch Berg on Monday, December 3rd, 2007 at 7:53 am and is filed under Media, Money. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.