- July 27, 2017
- Maine Center for Economic Policy
- Staff Report
New data released by the US Bureau of Economic Analysis provide more evidence of Maine’s lackluster economy, and the failure of policies pursued by Governor LePage and his allies. In the first quarter of 2017, Maine’s economy saw no real growth. Zero. That was the lowest rate in New England, and the seventh-worst performance of any state. These new data are just the latest in a series of indicators that demonstrate just how much of a failure LePage’s economic legacy will be, especially for rural Maine.
Economic growth is not like the weather. Lawmakers are not powerless to affect change – to encourage growth, and ensure that its gains are shared fairly. Governor LePage and his legislative allies have held Maine’s economy back by favoring wealthy Mainers over hardworking families, and opposing investments in our infrastructure, and our education system. The mantra of small government has not only hurt working Mainers, but also stymied the state’s job growth. The governor and his administration have even turned away nearly $2 billion in outside funding that would have stimulated our economy. The results of those disastrous policies are becoming increasingly clear.