Stripped of our Crown....
by Kyle MichaelisThat's right...we now ranked 49th, not 50th, in growth of our Gross State Product. Hooray us!
Of course, scarily enough, this was still in a year that many considered the best ever for our ag production. With Nebraska's largely ag-based economy this demonstrates either a troubling disconnect between real producers and the production of wealth OR it suggests things are even bleaker than they seem. This begs the question: if our agricultural fortunes took a turn for the worse, just how bad of shape might Nebraska's economy be in?
It's a long way off, but one's got to assume that any preseason polling for 2005 would put Nebraska's chances pretty high for recapturing its claim to ultimate economic infamy.
There's a rallying cry for all our Republican office-holders come election time - "Never again, Michigan! Never again!"
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*11/02 Update- On the economic forecasting front, I don't mean to be so pessimistic. Who knows?
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