Comment

Video: Romney Insists He Was Right About Allowing the Auto Industry to Go Bankrupt

387
Guanxi886/14/2011 4:04:00 pm PDT

re: #383 Naso Tang

Perhaps, but I hear South (or north?) Dakota is at 6% or less, and Florida has a Republican governor and zero taxes, low regulations, and a great tourist industry, and high unemployment.

I think that this touting of results due to supposed policies is smoke and mirrors. There are many factors at play and there will always be some differences, but until you get to 5% when the rest of the country averages 9%, you are not booming.

Policy plays a part, of course. The Dakotas have no population growth (in fact, I think they’re losing people, whereas Texas’ population continues to grow) so it’s an apples to applejacks comparison, there.

Florida stinks out loud, in terms of resources they can tap. No one seems to want to go and get the oil and gas there, so they’re kinda stuck.

And in terms of booming - if we could somehow adjust for the folk moving here from other states to accept work here, you’d find the unemployment rate is far lower.

And how is manufacturing in the other states, these days?