Target appears to be doing exactly what it should do as a shareholder owned corporation: generating more revenue with fewer employees. That’s good business for a publicly traded company. Target has no incentive to turn increased revenues into increased jobs, but they do have an incentive to turn increased revenue over to shareholders.
Which leads me to believe that Brian McClung’s MN Forward is a tad bit dishonest with their framing.
This all being said, if MN Forward’s funders were willing to pledge to hire employees in Minnesota at levels that would balance out the corporate tax cuts they’re hoping for under an Emmer administration, I may be willing to take them serious. If that’s what Brian McClung is really getting at, I’d love to see it in writing on MN Forward’s website.
— Ed makes some good points on the MNForward talking points. I’m a big fan of profits, but also a big fan of specifics and it looks like the specifics and graphs.
