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According to available data liberal states have higher disposable incomes, which is income already adjusted for the cost of living, than conservative states. There are also more Fortune 500 companies headquartered in liberal states than in conservative states It's actually amazing how much better economically are the liberal states (see the table below), despite the old conservative claim of liberals being anti-business.
As a matter of fact all of the developed, rich nations are liberal, being it Germany, the UK, Australia, Canada or France. All of them are very liberal and all of them way to the left of the US Democratic Party. There is NO rich, developed nation in the world that is politically to "the right of the US".
Many of the macroeconomic mechanisms and resulting policies are counterintuitive, they do not make sense to someone who just glanced over economics 101, yet they do work. The proof is however in the statistics: not only the liberal US states beat conservative states economically but also the entire economically developed world runs on liberal economic policies of sustainable development. The key word being sustainable as in
higher taxes are funding education, which allows for development of cutting edge technologies, that in turn allow businesses to remain globally competitive and states economically successful. There is no other way unless you have natural resources like Dakotas or Alaska and even these will eventually be depleted.
Isn't it the time to rethink that conservative "liberals are anti-business" claim as it is utterly absurd given all the evidence to the contrary we have???
Disposable income per capita 2012
District of Columbia $65,233
Connecticut $48,873
Massachusetts $45,960
New Jersey $45,850
Maryland $44,404
New York $43,524
Wyoming $43,194
North Dakota $42,492
New Hampshire $41,472
Alaska $41,420
South Dakota $41,133
Virginia $40,608
Washington $39,960
According to available data liberal states have higher disposable incomes, which is income already adjusted for the cost of living, than conservative states. There are also more Fortune 500 companies headquartered in liberal states than in conservative states It's actually amazing how much better economically are the liberal states (see the table below), despite the old conservative claim of liberals being anti-business.
That's because conservatives aren't pro-business. They are religious nuts that follow whatever corporate media tells them to.
Quote:
Originally Posted by random_thoughts
As a matter of fact all of the developed, rich nations are liberal, being it Germany, the UK, Australia, Canada or France. All of them are very liberal and all of them way to the left of the US Democratic Party. There is NO rich, developed nation in the world that is politically to "the right of the US".
This is only partially true. Those countries are more socially liberal but have embraced the same free-market, neoliberal economics as the U.S. The only difference is how much we let it affect our political / lawmaking process. Canada's current administration is pretty corporatist. Even the "liberal" parties of the nations you speak of has the same big money /corporate, neoliberal economic policies. It is not accurate to say the "Liberal" party of Canada or Australia is significantly to the left of the Democratic Party unless you are referring to social issues.
Quote:
Originally Posted by random_thoughts
Many of the macroeconomic mechanisms and resulting policies are counterintuitive, they do not make sense to someone who just glanced over economics 101, yet they do work. The proof is however in the statistics: not only the liberal US states beat conservative states economically but also the entire economically developed world runs on liberal economic policies of sustainable development. The key word being sustainable as in
higher taxes are funding education, which allows for development of cutting edge technologies, that in turn allow businesses to remain globally competitive and states economically successful. There is no other way unless you have natural resources like Dakotas or Alaska and even these will eventually be depleted.
Isn't it the time to rethink that conservative "liberals are anti-business" claim as it is utterly absurd given all the evidence to the contrary we have???
Disposable income per capita 2012
District of Columbia $65,233
Connecticut $48,873
Massachusetts $45,960
New Jersey $45,850
Maryland $44,404
New York $43,524
Wyoming $43,194
North Dakota $42,492
New Hampshire $41,472
Alaska $41,420
South Dakota $41,133
Virginia $40,608
Washington $39,960
This is because conservatives still believe the lies that tax rates and unions actually effect business. In reality, businesses choose location due to the demand for skilled / unskilled labor. All the tax breaks in the world won't get Apple to move to Texas or Alabama. High-tax states generally have more educated population and better infrastructure, as that is where tax revenue goes.
Well, the only way to the future that avoids Greece or Venezuela is a future that cuts government spending and lowers regulation and cuts tax rates on businesses and individuals.
Fiscally conservative and socially liberal is very appealing. I doubt it is as clear cut as that though.
Well, the only way to the future that avoids Greece or Venezuela is a future that cuts government spending and lowers regulation and cuts tax rates on businesses and individuals.
Fiscally conservative and socially liberal is very appealing. I doubt it is as clear cut as that though.
No!!!!
Greece is not analogous to the United States. Greece is not monetarily sovereign. Greece is like Detroit or California. Greece has to ask the ECU for more Euros. The United States doesn't ask any other entity for U.S. dollars. Greece is a currency user. The United States is a currency issuer. End of story.
Why are so many people still ignorant of the blatant lie of less taxes + less regulation = growth. Isn't 30 years of failed Reaganomics enough evidence?!?!?!?!
Greece is not analogous to the United States. Greece is not monetarily sovereign. Greece is like Detroit or California. Greece has to ask the ECU for more Euros. The United States doesn't ask any other entity for U.S. dollars. Greece is a currency user. The United States is a currency issuer. End of story.
Why are so many people still ignorant of the blatant lie of less taxes + less regulation = growth. Isn't 30 years of failed Reaganomics enough evidence?!?!?!?!
This is only partially true. Those countries are more socially liberal but have embraced the same free-market, neoliberal economics as the U.S. The only difference is how much we let it affect our political / lawmaking process. Canada's current administration is pretty corporatist. Even the "liberal" parties of the nations you speak of has the same big money /corporate, neoliberal economic policies. It is not accurate to say the "Liberal" party of Canada or Australia is significantly to the left of the Democratic Party unless you are referring to social issues.
If the US Democratic Party was transplanted to Canada, France or the UK it would become center-to-the-right.
I am saying that as an old school liberal who believes in the liberal idea of capitalism being the only viable economic system available. I don't consider communists or anarchist being to the left of anything.
Greece is not analogous to the United States. Greece is not monetarily sovereign. Greece is like Detroit or California. Greece has to ask the ECU for more Euros. The United States doesn't ask any other entity for U.S. dollars. Greece is a currency user. The United States is a currency issuer. End of story.
Why are so many people still ignorant of the blatant lie of less taxes + less regulation = growth. Isn't 30 years of failed Reaganomics enough evidence?!?!?!?!
Aren't the economies of Alabama, Mississippi or Louisiana enough proof that conservative socio-economic ideas are absurd?
If the US Democratic Party was transplanted to Canada, France or the UK it would become center-to-the-right.
I am saying that as an old school liberal who believes in the liberal idea of capitalism being the only viable economic system available.
It could potentially be to the right socially, but economically every 1st world country is right of center. Info can be found here.
First of all, I was responding to your previous post. No need to be so mad because internet is not serious business.
Secondly,
cuts government spending and lowers regulation and cuts tax rates on businesses and individuals.
Fiscally conservative and socially liberal is very appealing
all the above combined WILL promote economical growth. NOT just cut tax.
Is it clear enough for ya?
My response was a crystal clear rebuttal to your suggestion. Cutting government regulation, spending, and tax cuts has been Republican policy for 30 years... and it has failed at everything other than enriching the 1% and increasing the national deficit. It fails nationally and at the state level, as Kansas is now experiencing.
Is the graph clear enough for ya?
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Opinion varies.
