Saturday, October 22, 2011
The Red State in Your Future
◼ Voters around the country are concluding it’s better to be red than dead—applying a whole meaning to an old phrase. - Merrill Matthews/Forbes (image source: via Wikipedia)
If you do not currently live in a red state, there’s a good chance you will be in the near future. Either you will flee to a red state or a red state will come to you—because voters fed up with blue-state fiscal irresponsibility will elect candidates who promise to pass red-state policies.
...though we are a year away from the 2012 election, generic Republican vs. Democratic polls have given Republicans the edge for more than a year. If that pattern holds—and if blue-state leaders refuse to learn from their policy mistakes, just like their true-blue leader in the White House—it likely means there will be even more red states in 2013.
One reason for that shift is that red states are taking fiscal responsibility while many blue states aren’t—and it shows. The American Legislative Exchange Council (ALEC), a bipartisan association of conservative state legislators, recently released its fourth edition of “Rich States, Poor States,” by the well-known Reagan economist Arthur B. Laffer, the Wall Street Journal’s Steve Moore, and Jonathan Williams of ALEC.
...Most of the “poor states” states, as ALEC calls them, have the highest personal income tax rates and the largest unfunded state pension liabilities. But instead of taking the red-state approach by lowering taxes and/or cutting spending, the blue states tend to want to raise taxes even higher, just like their White House mentor.
The result of their overpromising and overspending, and their knee-jerk response to solving their fiscal problems by raising taxes, is that people are increasingly fleeing the blue states. As commentator Michael Medved points out: “Between 2009 and 2010 the five biggest losers in terms of ‘residents lost to other states’ were all prominent redoubts of progressivism: California, New York, Illinois, Michigan, and New Jersey. Meanwhile, the five biggest winners in the relocation sweepstakes are all commonly identified as red states in which Republicans generally dominate local politics: Florida, Texas, North Carolina, Arizona, and Georgia.”
◼ Republican states balancing their budgets - Washington Times