Midwestern economy sputters

  • Article by: DEE DePASS , Star Tribune
  • Updated: September 4, 2012 - 9:40 PM

Drought, uncertainty and a slow global economy helped cause the 2nd straight month of contraction in Mid-America region.

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dflpartySep. 4, 1212:20 PM

This is another example of the Obama economic plan. We have a shrinking private sector with minimal opportunities, and a growing and more powerful government to decide the winners and losers in the economy.

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theagonybhoSep. 4, 12 1:18 PM

Economic conditions in Midwest shrink for second month and more Obama excuses, the drought, the hurricane, Goerge Bush, its starting to get sad.

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swatisedSep. 4, 12 4:01 PM

economic conditions the GLOBE shrunk ... not just the USA, and not just the Midwest. Had McCain been office - regardless of his difference in policy approach - this is about as good an economy as the globe can deliver. There is no separate USA economy - we are - as conservative messaging brow beat the electorate with over the last 12 years - competing globally every day. Well - Europe, China, North America, soutAmerica and India are having problems and consuming/ordering/purchasing erratically. Please tell me what the President of the USA is going to do to improve conditions in China, India, Europe and South America to foster greater consumption of USA goods. Or is it the conservative contention that the USA, underemployed, underpaid, over-debted and missing any savings or resources - will miraculously begin consuming at a pace to bring the world economy back to full production in the next 18 months? let me know.

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localguySep. 5, 12 7:08 AM

This country has gotten so partisan that the president is even blamed for the weather.

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RyoushiSep. 5, 12 7:28 AM

The libertarian fanatics with their bankrupt ideas of the 1920's have spoken in the form of first two posters, and once again the real story of the so-called "geniuses" of commerce comes shining through. The aritcle clearly states that these "genius" businessmen are "feeling" uncertain. In other words, the "captains of industry" are not driven by numbers, or facts, or rational thought, but by mushywushy feelings, like a bunch of over hormonal tweens crushing and gushing on some cardboard cut out idol. Nice to what steady and sure hands are on the tiller of the ships of commerce, that they repond like hysterical 13 year old girls to routine information with their "feelings". Oh how "manly" they must be, in every other facet of their lives, because it sure doesn't show up on the job.

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swatisedSep. 5, 12 8:31 AM

dflparty"This is another example of the Obama economic plan." ........>>> and that is another faulty assumption that the entire economy is directed and controlled by one individual. Get a grip. There are far more congressmen, state governors, legislators mucking about with trade and regulations and oversight. That group of public do-gooders is DWARFED by the number of private company CEO's executives, managers, attorneys, lobbyists, PAC's, Super-PACS and single issue groups that have befuddled the entire American decision making process. Leaders have to get away from camera's. Do some actual studying of issues, problems and solutions. Talk rationally with everyone whose going to have to participate. Own the screwups and .... only tell what you personally did when you do wind up on the news. I don't wanna hear "you" taling about what the other person did.

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swatisedSep. 5, 12 8:52 AM

dear theagonybho ---- i think it was massively more pathetic that George W bush "blamed" bill clinton for handing him a stable federal financial system and an organized budget - and intel on Osama Bin Laden plans to attack the USA.

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mouthwashSep. 5, 12 2:04 PM

This report isn't all that surprising. The inner realms of geographically large nations tend to consist of isolated parochial societies -- a good example being the broad swath encompassed by the Minneapolis Federal Reserve District. As such, social and economic trends, including negative trends, often take longer to reach the "shores" of such regions covered by their sociological moat. However, when negative trends DO take root there the effects can be devastating, in that people in such regions tend to be provincial and haven't had experience with such adversity.

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