Posted on 10/20/2019 3:32:29 PM PDT by yesthatjallen
The conventional wisdom in American politics is that the coasts represent the economic future of the United States. Higher incomes and potential growth seem to be with cities like San Francisco, New York, and Seattle. Even in the aftermath of her 2016 loss, Hillary Clinton famously dismissed flyover country, saying, “I won the places that represent two-thirds of American gross domestic product. So I won the places that are optimistic, diverse, dynamic, moving forward.”
In many ways, however, the coastal regions that Clinton lauds represent the equivalent of a personal finance ponzi scheme. While many topline statistics like average income seem to show much higher standards of living in states like New York and California, a deeper dive into the numbers tell a different story altogether.
Poor policy decisions in blue states, including higher taxes on both the wealthy and working people, housing barriers, and higher prices due to regulatory burdens, mean that higher incomes vanish upon closer inspection. When accounting for the cost of food, housing, and commodities, the dollar goes significantly further in red states than in it does in blue states. A hundred dollars in cash will get you less than $90 worth of goods and services in New York and California. In Texas, Florida, and the rest of the mountain west except for Colorado, a Benjamin Franklin will buy you more than its value of $100. Across the midwest, the value actually exceeds $110.
SNIP
(Excerpt) Read more at thehill.com ...
But what happens when red states become purple (Florida or possibly Texas) or blue (like Virginny)?
Until those idiot liberals move to the Red States because their taxes are low, only to ruin it by voting for those same people that raised their taxes from their blue state.
Progressivism is a socialist disease
Meanwhile NY and California are welfare states.
But if your income is $300,000 a month, you don’t really care too much....
Not to mention NY spent 2 billion dollars over the last decade and hasn’t been to a world series during the last 10 years while in Texas it’s GO ASTROS! And if the Astros win Mattress Mac will give you your money back! That will save you money!
NYS has lost almost half its House seats over the last 60 or so years.
That little stat says it all.
Don’t forget IL...
Yahbut the blue states are where all the cool people will be!
The article would have more impact if there was a source(s) for all the fancy stats.
If you’re thinking about moving to a red state and you’re a Conservative, we’ll welcome you in South Carolina.
FL is becoming more red, and Desantas may be the next President.
I love Kristin Tate.
She is lovely, well spoken, pleasant and when clicking through Cavuto or MacDonald’s show, if I see Kristin I immediately stop and listen. She is remarkable.
By the way, I click through because very often President Trump makes an appearance. Don’t want to miss that.
All the Smurfs are in the blue states. They're cool.
Build the Wall to keep them out.
I’m so sick of hearing blue states give more tax revenue then they get back from the federal government. I want to throw something everytime I hear that crap.
I guess Florida is attracting a lot of Conservatives from the Midwest but many Californians are moving to Texas.
More Red...maybe more communist...
The margin was razor thin....
More democrats move he everyday...
Sarasota area expecting 3,000 this year...
Trump is just a bump in the road...
Yep. As long as people live by envy and greed, they will always vote for the politicians who promise to take other people’s wealth and give it to them. It’s easier than stealing it themselves.
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