Some of my northeastern legislators appear to be reading the blog! Following my post on the harmful impacts a Trump-tweet-trade war with Mexico could have on South Dakota agricultural economy (that’s Steve Bannon’s “economic nationalism“), District 3 rookie Representative Drew Dennert found a moment amidst the House’s Crossover Day craziness to introduce House Concurrent Resolution 1012, a measure calling on Il Duce to “welcome fair trade and support strong trade commerce within the agricultural industry.”
Citing the same stats I did, HCR 1012 reminds the President and Congress that “our friends to the south” buy $394 million in South Dakota goods, supporting 15,000 jobs (at least a thousand times more ongoing jobs than Keystone XL will create in South Dakota).
Co-sponsoring Representative Dennert’s temperate missive to the White House are my Trumpy neighbor Senator Al Novstrup, Senator Steven McCleery and Representative Jason Frerichs from District 1, and Senators Ewing, Klumb, Otten, and Sutton.
One minor error: HCR 1012 opens with the oft-repeated line that “agriculture is the number one industry in South Dakota and has roughly a $26 billion economic impact yearly.” False: our total GDP in 2015 was $47 billion, and agriculture did not generate over half of that. Depending on how you slice sectors, agriculture is the sixth-largest generator of direct GDP. Here are South Dakota’s industry sectors by GDP:
|Industry||2015 GDP (millions USD)|
|Finance and insurance||7,274|
|Real estate and rental and leasing||4,278|
|Health care and social assistance||4,164|
|Agriculture, forestry, fishing, and hunting||3,506|
|Professional and business services||2,881|
|Accommodation and food services||1,472|
|Transportation and warehousing||1,126|
|Other services, except government||1,009|
|Arts, entertainment, and recreation||290|