Sunday, July 17, 2011

Stats of the day

In the United States, the states patterned most on the Old Europe model—those with high taxes, high spending, and strong public unions—suffered the same plight as Europe, while those with free-market models did not. “The eight states with no state income tax grew 18 percent in the past decade,” Michael Barone tells us. “The other states grew just 8 percent.” The 22 states with right-to-work laws grew 15 percent in the past decade, the 28 others grew 6 percent. The 16 states that don’t require collective bargaining with state employees grew 15 percent, the others grew 7 percent. The most rapid growth—21 percent—was in the Rocky Mountain states and Texas, which have low taxes, weak unions, and light regulation.
This would seem to suggest a pattern.

No comments: