shovel ready jobs

08 Oct 2012 22:34 #1 by Blazer Bob
shovel ready jobs was created by Blazer Bob
http://www.aei-ideas.org/2012/10/amazin ... rgy-facts/

............."4. North Dakota vaulted to No. 7 overall among U.S. states in per capita personal income at $47,236 in 2011, up from No. 38 in 2006, when the oil boom started.

5. The latest state estimates project a $1.6 billion general fund surplus in the two-year budget that runs through June 2013, boosted by much stronger than expected oil and gas production and extraction taxes, sales taxes and personal income taxes.

MP: The energy boom in North Dakota, mostly from shale oil, continues to deliver a powerful economic stimulus to the state, making it the most economically successful state in the country in recent years by almost any measure. Along with the drilling activity for shale oil has come thousands of shovel-ready jobs, millions of dollars in royalty payments to local landowners and farmers, rising incomes and wealth, and a huge budget surplus."

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09 Oct 2012 06:16 #2 by FredHayek
Replied by FredHayek on topic shovel ready jobs
Lots of new millionaires in North Dakota. Or as Biden likes to call them involuntary donators to his massive federal bureaucracy.

Thomas Sowell: There are no solutions, just trade-offs.

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