http://www.startribune.com/stories/535/4213825.html

While Minneapolis had the largest job loss in raw numbers, losing
nearly 22,000 jobs during the period [past two years], that amounted
to 7.2 percent of the city's jobs. St. Paul lost 4.3 percent of its
jobs.

http://www.startribune.com/stories/535/4213897.html

In Minnesota, personal bankruptcies rose 14.3 percent, to 10,345, in
the first six months of 2003 compared with the same period the year
before. Minnesota filings through June 2003, the latest figures
available, were 20.5 percent higher than the comparable period in
2001.

Vicky comments:

Raising property taxes at this time will only worsen these problems:
More businesses will leave, more jobs will be lost, more bankruptcies
will follow.  People will have no choice but to leave the City to find
employment.

Fewer and fewer people will be expected to pay the enormous
obligations of a bloated City government and its growing debt load.

Pretending that this is not happing will only magnify the financial
fallout.

All non-essential spending must stop now.  In my opinion, Minneapolis
has too much of everything except taxpayers.

Vicky Heller, North Oaks

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