Friday, December 27, 2024

Red Winners

Red states do better:
According to the BLS’ nonfarm payrolls, seasonally adjusted between February 2020 and November 2024, nine of ten states leading in job creation were mostly Red. Most importantly, the top five states were Republican trifecta, which voted for Trump and had GOP’s control of the House of Representatives and the Senate at the time the data was compiled. Additionally, the only Blue state, which also appeared at the bottom of the top ten list, at position nine, was Nevada, a lean Democratic state. Colorado, a Democrat trifecta at the time, appeared at position eleven. Only three Democrat-run states debuted on the list of the top 20 performers. Two were Democrat trifectas at that time (Colorado and Delaware), while one was a lean Democrat (Nevada), which also appeared the highest on the list at position nine. Unsurprisingly, Blue states, mostly with Democrat trifectas, dominated the list of poor performers on job creation. In contrast, Idaho, Utah, and Florida, all Republican trifectas, dominated the top three positions on job creation. Most of these states take pride in lower taxes and fewer regulations in opening and maintaining businesses.
Better red than broke...

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