MN 2020 on Jobs and Economic Growth.

Some of you might have caught my appearance on ABC advocating for a 2011 jobs bill.  Here is a report discussing why it makes sense right now.

In short:

  • We have projects that need to be done.
  • We have people in the trades that could be earning a paycheck instead of getting an unemployment check.
  • Interest rates are so low that projects are essentially interest free given historical construction inflation.
  • The state of MN has a great bond rating and can borrow a billion more and still meet the most conservative financial standards.

So we can build more or wait until or projects cost 40% more and rates are much higher.

MN 2020

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