Wisconsin Dropping In Business Climate Ranking

The Asian Badger points out this story in Forbes and says:

Forbes has published it’s annual report on the Best States for Business. No surprise that the Socialist Republic of Pol Pot Doyle, formerly known as “The State of Wisconsin ” is near the bottom at number 44 (out of 50 for you WEAC Members).

The current ranking is down five from last year and is just behind Montana and Mississippi (Mississippi actually jumped five spots) and just ahead of Rhode Island and Michigan.

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Now, if that wasn’t bad enough, here’s the real kicker. In the last five years, the Gross State Product i.e. the economic output of the state grew only 1.6%.

The only state that trailed Wisconsin over the last five years of GSP growth is Maine which actually had negative GSP growth. Incidentally, the average GSP five year growth rate is 3.52%.