Your data is 6 years old, from 2007. It takes a good decade for the slide from a good state to a bad state. A decade for companies to make their move.
2010 merc BTW,The big cities that businesses go like Houston,Dallas,Austin and San Antonio all have democratic mayors and the entire state will be blue soon
What a dumbass. It's the growth and business friendlyness of the economy, stupid. You don't understand crapola, waterboy. <a href=http://www.alternet.org/story/152187/the_10_states_with_the_best_economies_in_america>The 10 States With The Best Economies</a>
Another dumb ass statement from the ET troll. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3736688 width=600 height=60>
People are moving south to retire. They're taking their savings with them, and that's stimulating those economies. No "low tax" miracle there. How many moving to N. Dakota?
Many of the jobs being created in California right now are low-paying, often minimum wage. The best jobs, called STEM jobs (science, technology, engineering, mathematics), are leaving the state. The article below documents the changes in population and employment in California, and shows why the state's in so much economic trouble. http://www.newgeography.com/content...phic,+and+political+commentary+about+places%2 Also, people like to talk about California's large GDP. It's large simply because it has the largest population of any state in the nation. But California's GDP "per capita" has slipped from 5th in the country in the 1980s to 11th, soon to be 13th as it gets passed by Minnesota and Maryland in the next few years. In the 1970s, California was the 5th best educated state in the nation. Now it's 23rd, highly correlated with the drop in per-capita GDP. On a brighter note, California no longer has the worst credit rating in the nation. That title now belongs to Illinois.
Same thing with Texas http://money.cnn.com/2011/08/12/news/economy/perry_texas_jobs/index.htm But that doesn't mean that all is well with employment in the Lone Star State. Texas leads the nation in minimum-wage jobs, and many positions don't offer health benefits. Also, steep budget cuts are expected to result in the loss of more than 100,000 jobs. Perhaps most importantly, Texas can't create jobs fast enough to keep up with its rapidly growing population. Since 2007, the state's number of working-age residents expanded by 6.6%, nearly twice the national average.