View Single Post
Old 08-28-2012, 05:41 PM   #6
Jim in CT
Registered User
 
Join Date: Jul 2008
Posts: 20,428
Quote:
Originally Posted by spence View Post
Different situations.

Ohio has benefited from a recovering auto industry of which there's little supply chain in the north east. Ohio also does have a lot of heavy manufacturing which has rebounded well with international infrastructure development and stimulus spending domestically.

Walker certainly did cut some costs, but I believe he's also diverted banking settlement money into the general fund and borrowed $500M to restructure WI debt.

The point being, you can't just say short-term policy has led to growth or stability when there are a number of factors at play...many of which could be geographic or dealing with larger trends.

-spence
"Ohio also does have a lot of heavy manufacturing which has rebounded well with international infrastructure development"

Spence, please share with us the data that says that infastrusture spending is drivingthe Ohio recovery? What have they done there?

We haven't donemuch infastructure spending. Much of the stimulus money went to public labor unions. I don't see how that helps manufacturing.
Jim in CT is offline