Texas, Red States Beat Blue States On Jobs, Growth
Texas outperformed every other state in the nation on jobs and growth
over the past decade, according to the latest annual report on state
economic performance released Thursday by the American Legislative
Exchange Council. Michigan came in dead last.
The rankings are based on state GDP growth, population shifts, and
changes in non-farm payroll jobs between 2001 and 2011.
The ALEC report also finds that Utah has the best economic outlook this
year, and Vermont the worst.
That outlook ranking is based on more than a dozen public policies that
the authors say are closely related to economic growth � including
various tax rates, workers compensation costs, minimum wage laws, right
to work laws, government jobs as a share of the workforce, and debt
service as a share of tax revenues.
In addition, an IBD analysis of the data finds that conservative,
Republican states vastly outperformed liberal, Democratic states over
the past decade on jobs and economic growth, and attracted more people
to their states.
In fact, of the 10 states that had the best economic performance over
the past decade, all but two � Nevada and Washington � are solid red
states, based on the past four presidential elections. Other top
economic performers include Utah, Wyoming, North Dakota, Idaho and
Arizona.
At the other end of the spectrum, all but two of the worst-performing
states are solidly blue. In addition to Michigan, bottom-dwelling states
include New Jersey, Illinois, Connecticut and Massachusetts.
http://news.investors.com/052313-657271-red-states-beat-blue-states-on-economy-jobs.htm
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(snicker)