American Experiment on
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Minnesota’s Economic News – W/E 10/30/20
A round-up of the last week’s economic news stories in Minnesota....
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How have federal taxes changed for different income groups historically?
According to a report released in early October by the Congressional Budget Office, taxes have fallen the most for the households in the lowest quintile between 1979 and 2017. Additionally, high-incom...
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Lawmakers Stiff Second Chicago to Twin Cities Amtrak Train in Bonding Bill
It says a lot when a pet project backed by well-connected lobbyists fails to make the cut in the $1.9 billion bonding bill passed by the Minnesota Legislature filled with lots of other goodies for spe...
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Europe’s Covid-19 experiences show that mitigation measures can only mitigate, they cannot stop the spread of the virus
As the Italian and German examples show, Gov. Walz was probably correct in March when he said that the spread of Covid-19 couldn't be stopped....
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Line 3 Construction Complete in Canada, North Dakota and Wisconsin, Still Delayed in Minnesota
A recent report from the Associated Press shows the Line 3 oil pipeline replacement project is completed in Canada, North Dakota, and Wisconsin. Construction on the project has not even started in Min...
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