When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Thursday, August 28, 2014

What State is the Biggest Loser?

Mish's Global Economic Trend Analysis: What States are the Biggest Job Winners and Losers in the Recovery?: "Illinois was hit with a series of misguided tax hikes to the point Caterpillar threatened to leave the state. Illinois has no redeeming features to offset high taxes and other mistakes."

But although the politicians appear clueless, some people are paying attention--

"Population also migrated away from the states at the bottom of the job recovery rankings: Of those in the bottom 10, New Jersey, Maine, New Mexico, Connecticut, Michigan, Rhode Island, and Illinois all lost population to domestic migration." (source supra)

In other words they are "getting out of Dodge."

The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects