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Minnesota’s GDP growth lags the national rate for the fourth consecutive quarter

In the third quarter of 2019 Minnesota's economy grew at an annualized rate of 2.0% compared to a national rate of 2.1%. It was the fourth consecutive quarter that our state's GDP grew at a slower rate than that of the United States generally and ranked us 27th out of the 50 states and D.C.....

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Reality is Hard: It’s time to proclaim the value of entrepreneurial businesses and the people who use their success to make all of us prosper.

This column, by American Experiment Chairman Ron Eibensteiner, appears in the new Winter 2020 Issue of Thinking Minnesota. Progressives these days like to disparage American business owners—the job-creating heroes who maintain the economic foundation upon which our exceptional state and nation have been built. We all read how liberal politicians trash American capitalism as a never-miss applause line in their stump speeches. Businesspeople exploit the poor, they say, usually with racial undertones. They hoard their wealth while depriving their employees of a livable wage and minimal health care benefits. And they scorn concerns about energy or the environment. They’re rich, for crying...

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