Posted on 09/02/2009 10:59:11 AM PDT by AreaMan
Dysfunctional policies are driving away millions of residents and billions of dollars.
1 September 2009
New York State faces a host of economic and budgetary problems, as many of the stories in this issue make clear. One way of expressing the depth of these problems is through the state’s startling domestic-migration numbers. “Domestic migration” refers to people who move from one location to another within the United States. It takes into account migrants both into a state and out of it, subtracting immigrants from emigrants to yield the net number of people leaving a state. When that number is high, we can deduce that a state’s problems are prompting its residents to flee for friendlier locales.
From 2001 to 2008, New York lost more than 1.5 million domestic migrants—a larger loss than any other state’s (see Chart 1). That’s also the largest percentage loss of any state—more than 8 percent of New York’s 2000 population—even beating out Katrina-ravaged Louisiana. Among the many reasons for the hemorrhaging are the high taxes and heavy regulations that make New York one of the least business-friendly states, as well as high housing costs in the New York metropolitan region. Internal Revenue Service data indicate that the top destinations for New York’s domestic migrants were Florida, New Jersey, Pennsylvania, and North Carolina (Chart 2).
Virtually every part of the state—from metropolitan New York City, which largely thrived until recently, to Buffalo, which is economically depressed—suffers from net domestic outmigration (Chart 3). The exception is the state capital, Albany, which experienced a gain, no doubt attributable to the effects of government, including public employment. Losses were concentrated in metropolitan New York City, which accounted for more than 1.3 million net domestic outmigrants—nearly 90 percent of the state’s loss. (Metropolitan New York City is defined as the New York State counties within the Census Bureau’s 30-county “New York Consolidated Area.”) Almost 11 percent of the metropolitan area’s 2000 population was lost to domestic migration, compared with less than 3 percent in the rest of the state.
Each year during this decade, the state has lost billions of dollars in people’s personal income as a result of domestic migration (Chart 4). With the exception of those emigrating from New York City’s suburbs, domestic migrants generally have higher incomes than New Yorkers who do not move. Not only is New York losing talented people to the rest of the country, then; it is also losing enormous financial resources at a time when it can least afford to.
Wendell Cox is the principal of Demographia, an international public-policy consulting firm, and a visiting professor at the Conservatoire National des Arts et Métiers in Paris. The data in his story are from a forthcoming report to be issued by the Empire Center for New York State Policy.
This one is really telling:
Fla....is it the no state income tax?
I know let’s bring back Spitzer that’ll solve the problem.
(snort)
Seriously!!! Patterson is doing a real bang-up job. I’m lovin the “new” vehicle registration fee increase. Oh!! and the soon to come new plate replacements!!!
Seriously!!!!
You know those lights were bright on Broadway
That was so many years ago
Before we all lived here in Florida
Before the Mafia took over Mexico
There are not many who remember
They say a handful still survive
To tell the world about
The way the lights went out
And keep the memory alive
Folks in the city who have lost their jobs have usually been going back to their hometowns (NY's dirty secret is that many "New Yorkers" are actually transplants) or wherever they can find a job. You still have some of the hipster d-bags and recent grads who are moving here without a job, but even that has slowed. Real estate has been holding up fairly well. It has plateaued, but remained expensive, with a handful of places (Park Slope being the most noteworthy) showing small increases over the last year.
He’s toast come election day, if they even let him run. But the choices we’ll have to replace him aren’t much better.
One reason.
Another reason might just be...
Ponce de Leon never found the fountain of youth but he must have discovered the springs of blue hair dye.
That’s at least two Congressional seats and even maybe three by the time the Census takes place next year. Lets hope all those Yankees leave their dumb politics in New York and not pollute the Voter pool in their new home states.
The true tranformational canadidate-Everyone thinks he sucks!
Wish I could escape.
Thanks for quoting one my favorite tunes from “Turnstiles.” Would have been a better album, btw, had Billy known Phil Ramone at the time.
My husband’s job is here.
If you have ever wondered why South Florida elects folks like Queens-reared Debbie Wasserman-Schultz, that should tell you everything you need to know about New Yorkers who move south.
The live version on “Songs In The Attic” is much better.
I can see where that pose a big problem.
One of the reasons he recorded “Songs in the Attic” (aside from fulfilling his contract with CBS) was that he was unsatisfied with the production on “Cold Spring Harbor” and “Turnstiles” and thought the songs would sound better live. I was listening to “SITA” yesterday, and agree that the live versions of She’s Got a Way and Say Goodbye to Hollywood are superior to the original recorded versions.
As I recall Cold Spring Harbor was recorded at the wrong speed.
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