You don’t need to dig too hard to see how big states want to keep you locked in. That’s why Your Survival Guy wants you to find your Super State. The digital dollar is their collar. In a recent Wall Street Journal op-ed, James Freeman highlights Rep. Alexandria Ocasio-Cortez's calls to make New York even worse for wealthy residents in an attempt to make the city more affordable. He writes: For the city specifically, the Post’s Katherine Donlevy reported in May: New York City’s population is continuing to flounder in the wake of the Covid-19 pandemic — and most city-dwellers have … [Read more...]
Small Government Just Works
You have read a lot on Your Survival Guy about how states that treat residents like customers rather than like piggy banks to withdraw funds from are winning. Your Survival Guy's 2023 Super States features a group of states that put residents ahead of politicians' personal agendas by focusing on lower taxes, and smaller government. Now, William Ruger and Jason Sorens explain the results of the ongoing "competition between the states." They write: Between $1.9 trillion in pandemic relief, an extra half trillion in the infrastructure bill, and just under a trillion in the Inflation … [Read more...]
It’s California vs. Florida in the Big State Debate
On Thursday, November 30, Fox News and the station's primetime personality, Sean Hannity, will host a debate between California Governor Gavin Newsom and Florida Governor Ron DeSantis. Isabella Simonetti explains the debate in The Wall Street Journal, writing: They aren’t running against each other. Still, Ron DeSantis and Gavin Newsom will take their fiery feud to Fox News this week in a debate moderated by Sean Hannity, offering up a head-to-head that stretches the boundaries of traditional political programming. After trading barbs in the media for more than a year over issues from … [Read more...]
Will the Last Person to Leave Hochatown Please Turn Off the Lights?
You read recently that living in certain resort towns can start to feel like living on an island. And in some towns, almost no one is living there at all. The few remaining residents in Oklahoma's Hochatown are calling it 'one giant Airbnb.' Dan Latu reports at Business Insider: Thousands of rental cabins have descended upon the sleepy 219-person town of Hochatown, Oklahoma, — a popular vacation spot on scenic Broken Bow Lake that's a three-hour drive from Dallas, The New York Times reported. Before the pandemic, there were about 400 properties for rent in the area. Now, there are 2,400, … [Read more...]
A Geographic Shift in America’s Economy
For decades, America's economy has been powered by its preeminent coastal cities, New York and San Francisco. Now, Jacob Zinkula reports in Business Insider that those days may be over. He writes: The future of the US economy could be powered by cities in the Sunbelt. Economic and societal power in the US may be shifting away from colossal coastal cities such as New York and San Francisco to metropolitan areas tucked below the Mason-Dixon line, as Barron's recently reported. That's because economic power is flowing to the middle of the country — and places such as Houston, Dallas, … [Read more...]
It’s Like Living on an Island
You don’t need to live on an island to know what it feels like. That’s the situation in places like Vail, CO, where land is scarce and employees have nowhere to live. I’m seeing this trend up close in Newport and Key West. It’s not good. Fred A. Bernstein explains the tough housing situation in Vail and Nantucket in The Wall Street Journal, writing: At first, the two towns seem to have little in common: Vail, Colo., a ski-resort community two hours west of Denver, is bisected by Interstate 70, while Nantucket, Mass., an island off Cape Cod, is reachable only by boat or plane. But Vail, at … [Read more...]
The Power of Tax Cuts
According to Adam Michel at the Cato Institute, new research from NBER shows that tax cuts boost economic growth and business investment. You have probably known that since at least the Reagan Administration, but, explains Michel, less robust research like that from the American Compass still argues that tax cuts have little effect. Michel writes: New research shows that the 2017 tax cuts significantly raised business investment and boosted economic growth. This most recent study is the latest entry in a long catalog of economic research that finds taxes matter for investment, … [Read more...]
An Island of Freedom
The 2024 Business Tax Climate is in, and look on the map below at how New Hampshire is an island of freedom in New England. The Tax Foundation's Jared Walczak, Andrey Yushkov, and Katherine Loughead report on the 2024 release of the Foundation's State Business Tax Climate Index. The Tax Foundation’s State Business Tax Climate Index enables business leaders, government policymakers, and taxpayers to gauge how their states’ tax systems compare. While there are many ways to show how much is collected in taxes by state governments, the Index is designed to show how well states structure their … [Read more...]
Cities Race for Answers as Residents Disappear
Americans fled big cities in 2020. But it wasn't just fears of Covid that pushed them out. That summer, radical politicians and activists encouraged a bout of criminal chaos in cities like Minneapolis, Seattle, and Portland (to name only a few). In the wake of the crime wave, downtowns have become the home to masses of homeless addicts. Konrad Putzier reports in The Wall Street Journal: The median drop in foot traffic across 52 major U.S. city centers since 2019 was 26%, according to an analysis of cellphone data in June by the University of Toronto’s School of Cities. A sense of … [Read more...]
TAXES AND DEBT: Your Survival Guy’s Super States Clear Winners
At the Cato Institute, Chris Edwards has exposed the "fiscal illusion" used by many states to mask the cost of their spending. By comparing state and local taxes and state and local debt to the state's GDP, Edwards has created a regression that puts states' real fiscal positions into perspective. In the lower left quadrant of Edwards's chart are states that have low debt and taxes compared to their GDP, while the upper right quadrant is populated by states using more debt and higher taxes to fund spending. Note that Your Survival Guy's top ten Super States of 2023 largely fall in the lower … [Read more...]
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