State stocks rediscover their bullish side

  • Article by: NEAL ST. ANTHONY and PATRICK KENNEDY , Star Tribune s taff w riters
  • Updated: February 27, 2012 - 9:01 PM

Newfound economic momentum is playing out well in Minnesota.

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rjr2205Feb. 27, 12 9:38 PM

Alas, more bad news for the GOP!! It''s like this, if the righties want to lay any dip in stocks, slow job growth, and general economic malaise on President Obama, then it follows the improving economy must be his "fault"!!

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SorghastrumFeb. 27, 1210:28 PM

Might it be that the government stimulus intervention helped to swing the economy around just a bit versus what the righties and the uber-wealthy 1% have been advocating? The answer is most probably yes!

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sjhuotFeb. 27, 1211:55 PM

@ rjr2205: C'mon, don't you know that Obama can't be responsible for anything good. He is only responsible for failure, which figures, because he is a Marxist, Communist, Progressive, Liberal, Nazi, apologist, Kenyan, anti-American, who hates America and only ran for President to destroy it. It makes sense, according to the Republicans!

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fenderu2Feb. 28, 1212:17 AM

Hey I am conservative and you lefties are JUST AS divisive as the right. I know Obama inherited an absolute nightmare of an economy, and yes the majority of it was Bush's and the rights fault. But the line between democrat and republican is about as gray as it can get. I'd be willing to bet the companies that are mentioned in the article would have done about the same even if Mccain was in the White House. Obama didn't stimulate snowmobile sales for Arctic Cat. Last winters snow and their new models did that. There is NO WAY they will duplicate next year, what they did this year. I don't care if you lay ALL THE BLAME ON BUSH for the economy. The reality is we are going to have to figure out something about our debt going forward. I do not see any easy way out of it, as we will throw out any politician who tries to bring austerity to us, but something has to be done.

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clnorthFeb. 28, 1212:53 PM

"Might it be that the government stimulus intervention helped to swing the economy around just a bit versus what the righties and the uber-wealthy 1% have been advocating?" Nope. It is the Asian economy. Graco domestic sales used to be 75% of sales. Now it is 50%. All sales growth has come from overseas. Keep your head in the sand and keep saying things are getting better.

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member11Feb. 28, 12 1:29 PM

Why would GOP conservatives be unhappy about these gains? We saw the same thing in the mid and late 1990s, with a burgeoning economy and rampant unhappiness on the right. One reason is a perceived loss of control. Righties don't want to see all boats rise, just their custom-fitted yachts. They don't like seeing new faces at the old money country club. They don't like the way rising economic demand raises wages and creates competition in hiring labor to keep up. They would prefer a stagnant economy that gives them more control while they still make money (just not quite as much) trading paper.

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mikebFeb. 28, 12 3:54 PM

Over the past three years, the federal government has spent $4 trillion more than it has taken in, and that excess spending has resulted in higher corporate profits and thus higher stock prices. Great for the stock market now, and great for me. Not so great for the market in a few years, and not so great for whoever has to pay back that $4 trillion.

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