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Msg ID: 2692172 To crow from below, +1/-3     
Author:Old Guy
6/10/2021 12:55:03 PM

Really, you come back with the idea that the blue states are doing well because of GDP per Capita, Really!

High levels of GDP per capita do not necessarily mean high levels of household disposable income or even measure of material well-being.  First of all not all income generated by production remains in the state.  Secondly, in larger populated states, large parts of the GDP is retained by corporations and governments and not retained by households.  The reverse is true about most red states, smaller governments, large percentage of small businesses.  Larger percentage of money stays in the households of the state.  I think you live in Georgia, your biggest company is Home Depot.  Home Depot reported $108.2B revenue, all of it reported as income, how much of it ever got to the households within the state, not much!  But then, Georgia is doing much better than totally blue states like California.

I posted the increase or gain in gdp per state and it is obvious that red states are increasing or growing at a higher rate then blue states.  They are doing much better, many are at full employment, and doing awesome.



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Msg ID: 2692175 To crow from below- High levels of GDP per capita do not necessarily mean  +3/-0     
Author:TheCrow
6/10/2021 2:18:39 PM

Reply to: 2692172

"High levels of GDP per capita do not necessarily mean high levels of household disposable income or even measure of material well-being."

True that. Let's flip your proposition and see if it holds water in reverse- lower per capita doesn't mean poorer people... only, wait- yes, yes, yes it does. That's why people leave Mississippi for any of the other states, but mostly states with better jobs, the top of the per capita list.

Are there poor people in New York, Taxachuessets, er, I mean 'Massachusetts, Washington State and even DC? Feckin A there are, but there's more people earning more money in well paying jobs in those states than in Mississippi, West Virginia, Arkansas and Alabama.

The list is dynamic, a point related to your assertion- California ain't the Garda Da Vida that drew the poor from the dust bowl, who made it the BOOMING economy it was from the War until the late 20th century. But it's easier to drop from the top than it is to climb from the bottom.

And some of that is tax driving big economies down, but it was also education and infrastructiure (taxes) that kept those states at the top. Compare the workforce education stats of the top 10 states to the bottom 10... only don't- it's sad how poorly educated some Americans are. Mostly 'red' states.



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Msg ID: 2692179 To crow from below +1/-3     
Author:Old Guy
6/10/2021 3:04:29 PM

Reply to: 2692175


You keep missing the cost of living!  Taking two of the states you talked about let's look at the cost of living.

If you lived in Hattiesburg and made the average household income, you would be making $45,081.  That really does not sound all that great.

Now if you lived in Boston, Mass and made the average household income, you would be making $71,115.  That really sounds much better, but is it.

The cost of living in Boston is 77% higher that Hattiesburg. So to maintain the same standard of living in Boston that you would have in Hattiesburg you would need to earn $79,984.  Hold on, people in Boston don't make that much, this means the average household income in Hattiesburg has $8,872 more dollars to spend each year than the average household in Boston.

Didn't you say you are a conservative, I don't think so, you understand very little about money.

useful idiot 

 

 

 

 

 

 

79,000



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Msg ID: 2692192 Okay, Mr Red blooded American Republican free marketeer: +3/-1     
Author:TheCrow
6/10/2021 5:14:53 PM

Reply to: 2692179

I wonder if there's a reason 12 times as many people live in Boston as Hattiesburg, even though it costs half again as much?

If you've been to both, I bet you can guess....



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Msg ID: 2692194 I Haven’t Seen A More Non Sequiter Post… +2/-3     
Author:obumazombie
6/10/2021 5:19:20 PM

Reply to: 2692192

Or question ever on this forum.

Not even close to a...

 

Good job Goodlibs!



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Msg ID: 2692182 One more thing +1/-3     
Author:Old Guy
6/10/2021 3:50:21 PM

Reply to: 2692175

It is disturbing that some people from back East point out the education thing.  Educated, but still dumb.!

Why are the educated stats different from place to place?  The level of education normally mirrors the need.  In Idaho only about 8% of the jobs require some kind of college, yet over 20% of people have college degrees.  That may hold true in many states.  No reason to spend money on colleye if it is not needed, but many do.  The track record of a college degree isn't that great.  It only makes since that back East more people have a degree, colleges have been around a long time and many more jobs require some kind of degree.  

You clam it is sad how poorly educated some Americans are, you maybe right (Public Shools).   But it is still basically driven by supply and demand.

useful idiot 



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