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Red & Blue States - Depression & Regulation

 
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PostPosted: Mon Apr 01, 2013 7:42 am    Post subject: Red & Blue States - Depression & Regulation Reply with quote

PeakTrader:

Kevin says: “…blue states have a better quality of life in contrast to the red states.”

Your comment seems to be an oversimplification.

It seems, red cities, counties, and communities tend to have a much higher quality of life than blue cities, counties, and neighborhoods.

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It seems, affluent foreigners tend to move to New York, California, Hawaii, etc. rather than South Dakota, Tennessee, Oklahoma, etc., and income and wealth inequalities are greater in the “blue” states, along with higher costs of living.

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There are hospitals in big inner cities you don’t want to send anyone to, particularly women and children.

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It’s amazing, some people believe the quality of life is high in cities like Portland, Seattle, and San Francisco, which are mostly expensive dumps.

There are hundreds of cities on the West Coast where the quality of life is much higher.

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http://www.aei-ideas.org/2013/03/freedom-in-the-50-states-but-mostly-in-the-red-states/#comments

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PeakTrader:

If Americans fully understood the costs and consequences of regulations, many of them would be repealed.

In the past, benefits of many environmental regulations exceeded costs. However, generally, benefits have become increasingly smaller, while costs have become relatively larger.

In this economy, over the past few years, where economic growth accelerates for a few months, then decelerates for a few months, etc. while still deep in depression, we can’t afford more regulations, at least until the country reaches full employment again. Otherwise, this slow rolling depression will continue.

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If we actually had a recovery, per capita real GDP would be $6,000 a year higher. Chart:

http://www.advisorperspectives.com/dshort/charts/indicators/GDP-per-capita-overview.html?Real-GDP-per-capita-since-1960-log.gif

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