Saturday, October 29, 2005
We are number eight
In early June, Vilsack and Blouin made a big deal out of the fact that
That is until yesterday, when the feds released new numbers that indicated
is not the fastest-growing economy in Iowa U.S.
By Dan Gearino
DES MOINES — Remember all that talk in June about how
had the fastest growing economy in the nation last year? Well, there’s been a recount. Iowa
Revised figures from the
Department of Commerce show the state actually had the eighth-fastest growing economy. An analyst from the department says most of the change is because the previous figures overestimated the growth of farm income. U.S.
Iowa’s gross state product grew 5.5 percent in 2004, according to the revised numbers, while the previous report showed 8.1 percent growth. Gross state product is the dollar value of the goods and services the state produces.
In June, Gov. Tom Vilsack took time out of a trip to
, to tout the strong economy in a conference call with reporters. He made several references to the top ranking in later speeches. , Washington D.C.
There was no such fanfare for the new report.
“The governor continues to work on continuing to create jobs across the state. It’s just a job you never stop doing,” said Vilsack spokesman Matt Paul. …
It seems that the new methodology the feds used overestimated the strength in
‘We are number eight’ just doesn’t have the same team spirit ring as ‘we are number one’, so it’s understandable the Vilsack & Blouin team are comfortable not bringing this particular data back into the spotlight; let it die quietly on a Friday with minimal press office comment.
At one point, the Grow Iowa Values Fund looked to be the winning argument for Republican Lite Mike Blouin to pick up the Democratic primary and go on to win the Governor’s race. Unfortunately, the political usefulness of the Grow Iowa Values Fund is not working in Blouin’s favor; what with Ed Fallon’s anti-Grow
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