Anyone Ever Wonder What North Dakota’s Biggest Industry Is?
Most would probably have guessed ag. I would have guessed ag or perhaps energy (coal, oil, etc.). But it turns out that North Dakota’s biggest industry is…government.
I’m…appalled. Of course, federal money coming into the state is responsible for about a third of the government’s slice of that pie, but still. We all pay federal taxes too.
That’s something for all North Dakotans to ponder upon the next time some bureaucrat or politician tells us we don’t need a tax cut, or that some new government agency needs to be developed.
Update: A reader points out that it’s interesting that they included the government as a part of the state’s GDP instead of in relation to it.
I guess someone is trying to sell the idea that government spending stimulates the economy instead of stagnates it.
