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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIOWA NOW DEAD LAST IN GDP GROWTH UNDER ALL-REPUBLICAN CONTROL
https://iowastartingline.com/2017/11/22/iowa-now-dead-last-gdp-growth-republican-control/Very bad news this week for both Governor Kim Reynolds and the Republican-controlled Iowa Legislature. The U.S. Bureau of Economic Analysis (BEA) reported the second quarter economic growth by state (GDP). Iowas economic growth was a negative .7%, dead last among all 50 states. Of the 50 states, 48 had positive growth in this period. Only Iowa (-.7%) and South Dakota (-.3%) had a negative growth rate.
While one quarters performance doesnt predict future growth, its a huge embarrassment for the Iowa Republican Party. The Republican Governor and the GOP control majorities in both branches of the Legislature and have driven Iowas economy to last place in the nation. They cant blame the Democrats for this economic disaster.
This latest economic data simply confirms what most Iowans already know. Republicans mismanagement of state government has led Iowa to a budget train wreck. Under their management they have taken a budget surplus of nearly $1 billion in 2013 to a budget deficit this past year. In the Reynolds regimes struggle to balance the state budget this past year, they slashed spending by $118 million and ended up borrowing another $144 million to end the budget year. One wonders if former Governor Terry Branstad didnt foresee the budget mess he and Reynolds were creating and decided to abandon ship by taking the China gig.
The new legislative session begins in January and the state budget starts out in a big hole. Reynolds is obligated to begin to pay back the $144 million borrowed in 2017. In addition, the cuts they made in 2017 have left many state departments and agencies struggling with the previous cuts.
More at link
Congratulations Iowa! You beat Kansas
cross posted from Iowa forum
Turbineguy
(37,343 posts)To republicans that's a success.
Iliyah
(25,111 posts)saidsimplesimon
(7,888 posts)Thumbs down to media sources created by cretins?
emulatorloo
(44,131 posts)Just another dysfunctional Koch Bros-owned failure.
jpak
(41,758 posts)Sad!
Mr. Evil
(2,845 posts)More Guns
More God
No Abortions
No Homosexuals
jayschool2013
(2,312 posts)and say that, pal. What arrogance to think that all Iowans are like that.
Wednesdays
(17,380 posts)Your own article's headline is, "I moved from Kansas to Colorado...."
https://www.democraticunderground.com/10912324
Mr. Evil
(2,845 posts)I remember reading that article. Nice catch!
jayschool2013
(2,312 posts)And I moved from Colorado to Iowa in 2017.
Thanks for the heads-up.
Mr. Evil
(2,845 posts)I was implying that's all republican politicians have to say to be elected. And from the looks of things they've done pretty well. Now explain to me how Iowa is run from top to bottom by republicans.
Bleacher Creature
(11,257 posts)iluvtennis
(19,863 posts)Wellstone ruled
(34,661 posts)Iowa is so dependent on the Ag Economy and the interdependence of State Agencies to make their Ag economy work.
ALEC really has done a number on this State. As one has said,you get what you voted for.
n2doc
(47,953 posts)At least until born, or miscarried due to lack of maternal heath care. Tat's just Gawd's Way!
dalton99a
(81,516 posts)moondust
(19,993 posts)Last edited Wed Nov 22, 2017, 06:07 PM - Edit history (1)
with the billion dollar surplus in 2013? Tax cuts or something? Just curious.
ETA: Iowa had Democratic governors from 1999 to 2011 which might help explain the respectable 2013 surplus.
From the same site as the OP (with ghastly chart):
https://iowastartingline.com/2017/03/31/surplus-deficit-branstad-reynolds-sad-legacy/
Initech
(100,081 posts)rurallib
(62,423 posts)I can't remember the word, but essentially tax cuts
CrispyQ
(36,478 posts)And next election, repubs will still win seats in government.
MuseRider
(34,111 posts)I always thought I would feel better when we were not dead last as we have been for so long but now, wow, I am so sorry to hear this. It really really sucks to be where you are, where we still are. So many are beginning to tumble it just seems like there is either no one in the Republican party that can learn from bad experience, or and more likely, they have us just where they want us or almost anyway. I am so sorry to see this.
stollen
(419 posts)IA needs to go dem!
Bernardo de La Paz
(49,007 posts)Iowa State Senate went Republican November 2016.
Iowa State House went Republican November 2010.
Iowa State Governor went Republican November 2010.
So they've had plenty of time to get their act together. Republicans own Iowa's bad growth.
zentrum
(9,865 posts)....even know why this is?
Or is it all the fault of immigrants and the elites? Their ability to analyze their own situation is nil.
DoctorJoJo
(1,134 posts)--- two shining examples of Repuke trickle down economics. This is why we should refer to the "Laffer Curve" as the "Laughter Curve!"
JDC
(10,129 posts)Gross incompetence on every level.
DFW
(54,405 posts)Last among the 50 states is not an easy position to achieve........
Sometimes the inevitable result from a previous Santorum.
DFW
(54,405 posts)superpatriotman
(6,249 posts)The entire regressive scarlet belt.
DFW
(54,405 posts)Maybe it's the combination of Fox Noise and National Hate Radio. They act like people in those parts of East Germany that were out of the range of western TV and radio. They think they live in the best of all possible worlds because their only media told them so. They are terrified to travel elsewhere to find out, because deep down they know they might just be wrong. No one likes to admit they've been lied to for decades, had the chance to find out, and didn't take it.
superpatriotman
(6,249 posts)Democrats apparently are worse than pedos, rapists, frauds, etc.
DFW
(54,405 posts)hibbing
(10,098 posts)With our inherited wealth governor and budget deficits soaring. Anything that provides any benefits to ordinary citizens along with the university being gutted.
Peace
Ilsa
(61,695 posts)IronLionZion
(45,457 posts)The all Republican governments of both Iowa and Kansas will blame liberals somehow for this.
Eliot Rosewater
(31,112 posts)"GOP says U.S. Bureau of Economic Analysis (BEA)" has a lliberal bias.
So says fox news and so on.
Bigredhunk
(1,351 posts)It blows living here under their shit leadership. The most recent MCO pulling out of the privatized Medicaid fiasco (leaving 2, for now) is just another in a long line of reich wing disasters.
Thrill
(19,178 posts)njhoneybadger
(3,910 posts)onethatcares
(16,172 posts)would you list those states in order of growth?
I haven't seen anything remotely similar and am wondering what studies you would quote.
Many thanks in advance.