Frosty wrote:
O.K., clued one, use your logic to explain why Minnesota is at or near the top on every list. As stated before Minnesota is the best run state according to the Wall Street Journal. New Mexico comes in at number 49 right between the deep red states of Alabama (#48) and Louisiana (#50).
Could it be that Alabama and Louisiana are there because there aren't enough democrats running things and the state's resident rednecks keep electing dumbopublicans to mess up things?
Well that's a heck of a leap isn't it?
What are the metrics in the article?
Unemployment?
Ok. How many people work for the state of Minnesota? Because honestly, how can the government of MN be taking credit for private sector jobs?
Pension Funded Ratio?
That actually applies primarily to state and or union jobs these days. Private sector? Not so much. Here in my state the MBTA Pension fund will bankrupt MA or default in the next decade. Theirs is THE sweetheart deal. Retire at 55, collect 75% of your wages. Seriously, who gets that?
Credit Rating? I can see states being rated on their ability to borrow. I'll give you that one. But why are they rated like that? Is it because they tax so much? wink wink
Poverty?
What are the drivers of poverty?
Education
Employment/Opportunity
Health
Does that get most of it?
Education - So at least one of these states at or near the bottom is dead last in graduation from HS. And I'll step out on a limb here and say that the colleges and universities there are for the most part, lacking.
Employment/Opportunity - Most of them have no industrial base at all.
Health - I'm not looking it up but I doubt these states lead the nation in health.
As far as my own state, it benefits greatly from the presence of Harvard, MIT, Tufts, BU, BC, etc.....all private schools. The state had nothing to do with making them great.
We have also been at the forefront of technology and manufacturing for nearly 200 years. From textiles, shoes, high tech, DoD R&D, medical devices, etc. If all you do is grow cotton or make cheese you're never going to get as far.
The best hospitals in the world are a 30 minute drive from my house. There's probably some in NYC too. Have any in Wisconsin been added to that list? I forgot...those aren't part of the government either.
So it seems to me that the definition of "best run" comes down to how much the state can borrow and their credit rating. Both of these are tied to their tax rate, or more appropriately their tax haul. It's hard to tax someone who isn't working. And good jobs are harder to get without a strong educational presence to support growing industries. It doesn't take a rocket scientist to farm, fish, or mine.