Imagine if the presidential debate on Tuesday between Kamala Harris and Donald Trump was about Minnesota.
The 49 other states? The rest of the world? Pfft!
Minnesotans may just be 6 million out of 330 million Americans, but our controversies and challenges overlap with many of the nation’s issues. So just talk about us!
Here are nine questions about Minnesota’s economy that would illuminate the way Trump and Harris think about the presidency and U.S. as a whole:
If immigration flows are cut, how will Minnesota expand its workforce?
For parts of 2022 and 2023, the U.S. saw record numbers of people crossing its southern border, most of them without permission. And yet, Minnesota and about 15 other states still have fewer people in their workforce today than before the pandemic shutdowns in early 2020. As I wrote last week, population leveling and decline is a challenge for many developed nations.
While the U.S. welcomes immigrants in higher numbers than other countries, our overall population is now growing more slowly than ever. With any luck, this question would lead the candidates to express their thoughts not just about immigration but the nation’s slowing population growth overall.
Will your administration provide federal funds to states at current levels or do you anticipate cuts?
In an insightful report published last week, the Minnesota Center for Fiscal Excellence described how state government in Minnesota over the last decade became more dependent on federal tax dollars than Minnesotans realize. The state will get $43 billion from the federal government during the current 2024-25 biennium, or 36% of available resources. That’s more than double the $20.3 billion of 10 years ago, when it represented 29% of available resources.
Wisely, the state doesn’t put these funds toward its general budget, which ballooned 37% in this current biennium. And yet, if those federal funds are cut by a Harris or Trump administration, state lawmakers would no doubt seek to replace them with money used in the general budget. Neither Trump nor Harris say much about federal spending that’s also exploding upward. Any fiscal reckoning on the federal level would force one in our state government.