Menzie Chen at Econbrowser, who spends a lot of time looking at the Kansas economic experiment in state tax cuts, disagrees with Ironman about the effects of drought on the Kansas economy:
Ironman at Political Calculations asserts it does. Unfortunately, he makes a mistake in calculating Kansas GDP ex.-agriculture by simply subtracting chained agriculture from chained state GDP (discussed in the addendum to this post). Here in Figure 1 is properly calculated GDP ex.-agriculture plotted against a drought index (lower values is a more severe drought). ...
Note that the slowdown is apparent in GDP excluding agriculture, post-Brownback. Drought is not the explanation. ...
via econbrowser.com
