This is interesting. A clear trend emerging of people and businesses leaving the worst Blue states for the best of the Reds. Crime and taxes two big factors....
OT: Geo-Financial Flows in America
Apr 28, 2023
Last reply: 3 years ago
10 Replies
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More right-wing nonsense fro Zero Hedge. Sensible Americans leave America, if they can. Right wing lunatics move to the most right-wing parts of the country.
Is there a corresponding effect in europe and asia? I think so. It's certainly happening in China, with farming towns losing their kids to big cities.
ZeroHedge seems to be obsessed about the incomes of the people who move between states.
They are exploiting American Internal Revenue Service data, so they aren't offering any insights into European or Chinese internal migration.
Australia's population has been moving off the land and into cities since about 1890 when agriculture started being mechanised on a large scale. China has seem similar internal migrations more recently., with the emphasis on getting people to work in factories to make goods for export.
Much of the point of the European Union was to let German exports finance the movement of French peasants into factories in cities, so that French farms could consolidated into units that were big enough to mechanise.
The report names Florida as a big winner, but the likely attraction there seems to be Ron Desantis's enthusiasm for book banning, which allows right wing lunatic parents to censor their kids school libraries of any book that the parents don't want their kids to see, though they haven't yet banned the Old Testament.
"On a net basis, Florida came out ahead with 256,000 net new people and $39.2 billion in net new taxable income."
Florida doesn't tax income..
People from New England who retire to no-income and low-property tax states like FL contribute asymptotically nothing to the local economies. They're from New England! A New England millionaire will gladly take the time to interrogate the store manager over a price discrepancy of ten cents on a purchase of three potatoes.
to move to to "save money." You get no income tax and low property tax but in exchange just about everything else is above average. Housing is expensive, healthcare is expensive, property insurance is expensive, auto insurance is expensive, fuel is expensive, electricity is expensive, etc..
Did you personally witness that happening?
And.... why do you think that is?
You might do a little research before making up things like that.
It's like LA and Vegas, besides retirees the state's economy is designed to bilk fools, wanna bees, and dreamers.
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