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Willisms

« Trivia Tidbit Of The Day: Part 504 - Unionism & Jobs. | WILLisms.com | Trivia Tidbit Of The Day: Part 506 - Texas & Job Growth. »

Trivia Tidbit Of The Day: Part 505 - New Hampshire & Jobs.

Live Free Or Die-

In the past year, New Hampshire is the only top-10 job creation state that didn't vote for Bush in 2004*. It's also the only top-10 job creation state in the Northeast part of the United States.

What's interesting about New Hampshire is that it's kind of a tax haven within that part of the country. New Hampshire has one of the lowest tax burdens in the entire country, and it shows. While most of the Northeast is losing people to the South and West (and SW), New Hampshire is actually gaining people from other states (.pdf):

nhmigration.gif

Compare that to Massachusetts:

mamigration.gif


Or New York:

nymigration.gif


Or New Jersey:

njmigration.gif


Or Connecticut:

ctmigration.gif


Most every state in that region of the country is losing people. They also tend to have fewer new jobs and poorer economic growth.

Hmm, so fewer jobs, poorer economic growth, and losing people. Someone might want to fill in those Northeastern states that there is a connection there. Someone might want to inform them that they are taxing themselves into oblivion.

Now compare those migration numbers with, say, Texas (.pdf):

txmigration.gif

Sure, 2006 is a bit inflated due to Hurricane Katrina, but, still, people are moving to Texas, not for our upper-90 degree heat for 5 months out of the year, but because our policies are generally pro-growth policies. Texas is a good place to get ahead in life. Our taxes-- especially our property taxes-- could certainly be lower, but our overall tax burden is relatively low. Our regulatory climate is fair rather than strangulatory.

One thing that is somewhat instructive about Texas is that our crazy third-party activist types are more likely to support Michael Badnarik and Ron Paul than, say, Ralph Nader and Dennis Kucinich.

We have a small government streak to us, and it's paying off. The same could be said for New Hampshire.


*NH did vote Bush in 2000.

-------------------------------------

Previous Trivia Tidbit: Laws Favoring Union Bosses Ruin Economies.

Posted by Will Franklin · 23 July 2008 09:43 AM

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