Investor Kevin O’Leary criticized Minnesota Gov. Tim Walz, stating he lacks the financial skills necessary for a vice presidential role.
On Fox Business, O’Leary pointed to Walz’s poor track record in job creation, claiming his policies have driven businesses out of Minnesota to states like South Dakota and North Dakota, which have significantly better job growth rates.
He noted that Minnesota primarily creates government-funded jobs, while other sectors are declining.
“I didn’t know anything about the VP candidate, Tim, and so I did some digging last week – I got the data last Friday. He is not a good manager,” O’Leary said. “If you look at his stewardship of his state, Minnesota, it’s been not good. People may say ‘No, you’re partisan, you’re partisan.’ No, I’m not! I’m looking at the track record of an individual who came into a state and wiped out job creation. He wiped out job creation in professional services, manufacturing, accounting—every subcategory.”
O’Leary also highlighted Walz’s tax policies, which he argues have contributed to an exodus of retirees from the state.
O’Leary noted that while Walz may be effective for other states, he is not suited for Minnesota.
“You look at those jobs, and they moved to South Dakota, North Dakota. The South Dakota job rate right now is four times that of Minnesota. Minnesota only creates jobs in services that are funded by the government, such as healthcare and social services; every other sector is in decline. He’s also added a surcharge of one percent (100 basis points) on top of the 9.8% taxes on individuals who are retiring, and of course, they’re leaving the state in droves.”
