Chanting Points Memo: Irrational Exuberance

Chanting points memoThe local establishment media have been flogging a article in the NYTimes in which Professor Larry Jacobs – the most over-quoted person in Twin Cities media, although Professor David Schultz is breathing hard on his heels – claims “progressive” Minnesota’s outlook is better than “conservative” Wisconsin’s.


I was going to tackle it – but Jeff Peil already did, and did it just fine.

Read the whole thing – but here’s the money quote:

So what does it matter? The whole point of Jacobs’ article is that Minnesota and Wisconsin are perfect little laboratories to measure the consequences of completely opposite policies. The only problem is that they are not. What’s worse is that the consequences he cites are so cherry-picked, that Politifact, renowned in conservative circles for being vehemently left-leaning, actually pre-empted Jacobs’ drivel a couple of months ago. Politifact called it a half-truth to state that Minnesota is faring better than Wisconsin in important areas. But, you see, that does not matter to the likes of Jacobs or the Times. Walker must be taken down – sound reasoning and intellectually honest analysis is irrelevant.

The truth is that it is way too soon to see what differences, if any, exist between liberal and conservative rule. Mark Dayton spent much of his term battling a Republican majority, which, like its federal counterpart, shut the government down. Being as generous as I can, he has had about nine months to enact his policies. Similarly, Scott Walker spent the majority of his term battling a recall effort which ended up with his party losing control of one chamber of the legislature.

Economies take time to change – but the parade of suck has begun in Minnesota.