Monday, May 16, 2005

How do you spell post hoc ergo propter hoc? 

W-E-N-D-Y W-I-L-D-E. Mitch explains. I'll disagree with Mitch slightly -- the recession nationally and in Minnesota, which was part and parcel of the deflation of the Clinton bubble, came before 9/11/01. That doesn't at all invalidate his point though. And private job growth in the state the last twelve months is over 2%, better than any time since October 2000. (Data.) The side that isn't growing is government.

To be sure Wendy understands me: That's known in economic parlance as "a good thing".