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"State Employment Trends: Does a Low Tax/Right-to-Work/Low Minimum Wage Regime Correlate to Growth?"

Discussion in 'Too Hot for Swamp Gas' started by philnotfil, May 7, 2014.

  1. philnotfil
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    philnotfil Well-Known Member

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    Always interesting to see theory meet reality. An economist tested the ALEC-Laffer rankings and found them lacking.

    econbrowser.com

    [​IMG]

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  2. wgbgator
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    wgbgator Sub-optimal Poster Premium Member

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  3. Potzer01
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    Potzer01 Premium Member

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    ~ Using rural locations in comparison with urban locations is weird.

    Why not measure say Florida(no tax) vs Califormia(where'd my 10% go)

    Wow, amazing stats California is growing jobs better then.. Minnesota, wisconsin and kansas? And they don't include farm jobs!?

    There are untruths, lies, and there are these preposterous statistics.
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  4. exiledgator
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    exiledgator Gruntled Premium Member

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    Economics: The only science that can never run a controlled experiment.
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  5. wgbgator
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    wgbgator Sub-optimal Poster Premium Member

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    The BLS numbers measure non-farm payroll employment.
  6. Potzer01
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    Potzer01 Premium Member

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    ... Yes I'm saying not including farm jobs is preposterous.

    I'd be like not including tourism jobs in florida.

    My assertion is that this study is bunk, because it is using agriculture centered states (california included) and not including agriculture.
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  7. wgbgator
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    wgbgator Sub-optimal Poster Premium Member

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    Well, other than history.
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  8. Potzer01
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    Potzer01 Premium Member

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    Nor sociology, nor psychology, nor psychiatry.

    There are plenty of "the data says what I say it says" sciences.
  9. Dreamliner
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    Dreamliner Well-Known Member

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    It sure does in Dallas. The city is virtually raping CA, IL and the Northeast for corporate relocations. And yes, the corporations cite the low-tax climes as a primary reason for relocating.
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  10. philnotfil
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    philnotfil Well-Known Member

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    For those who are worried that four states is too few to find anything meaningful, he did all 50 states and got the same results.


    State Employment Trends: Does a Low Tax/Right-to-Work/Low Minimum Wage Regime Correlate to Growth – An Econometric Addendum


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  11. Potzer01
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    Potzer01 Premium Member

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    Fair... my next point of contention is that if he left out agricultural what else was left out. Then next would be why those specific months rather then say 100 years worth of data?

    I have an extremely difficult time swallowing that higher taxes promote higher growth and prosperity. It is extremely counter intuitive.

    Higher minimum wage on the other hand I believe could have a very immediate but very short term boost to growth. Over time it will be zero sum to all but the government. Who collects more dollars now to pay for what was frivolously spent then.

    I'm rather alone in the camp of wanting smaller goverment and simultaneously wanting fair and reasonable treatment for people who work hard. I would prefer people wake up and realize that if we stop trying to screw each other, we will progress faster.

    I'd also prefer humanity slightly returned to nature and allowed those who can't or won't provide for themselves fail. Not real warm and fuzzy, however I see no better way to provide motivation than, "yes we will let you die if you refuse what must be done to live"

    Binary solution set...
  12. dangolegators
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    dangolegators Well-Known Member

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    Why? If there were no taxes there would be no growth. A certain level of taxation is needed to provide the infrastructure and stability that an economy needs to grow.
  13. geauxgator1
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    geauxgator1 Well-Known Member

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    Maybe, but that "certain level" knows no bounds to liberals. Better translation is give me all you got, and then we'll decide what, if any, you can have back.
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  14. Potzer01
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    Potzer01 Premium Member

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    Patently false..
    Taxes don't create infrastructure. . People do. Taxes aren't paying for fiber internet, or powerlines, or cell phone towers. Taxes aren't launching satellites any longer, low and behold launching satellites becomes massively cheaper.

    Just because taxes built roads and water pipes, and schools doesn't mean taxes are needed to build these things. Plenty of pipes and schools and roads are built privately.
  15. Potzer01
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    Potzer01 Premium Member

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    Expand your perspective, just because things "have always been done this way" doesn't mean it's correct or efficient.
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  16. Gatorrick22
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    Gatorrick22 Well-Known Member

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    Is this is a clear case of legislating political policies from the bench? Or is this judicial activism in the worst possible way? Or do judges really think they are 'elected' to write laws? Or is the State Supreme Court of Kansas waiting to get slapped down by the SCOTUS?

    One more thing... is the State Constitution of Kansas clear about illegal immigrants or any other undocumented law-breakers getting free schooling there too?

    Maybe we should just let the judges run our country? Lol..
  17. dangolegators
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    dangolegators Well-Known Member

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    Just nonsense.
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  18. dangolegators
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    dangolegators Well-Known Member

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    You don't seem to understand that the BLS only measures non farm employment. This has been the case since the BLS started measuring employment 100 years ago. The reason for excluding farm employment then was that it was difficult to accurately measure. And now, farming makes up less than 1 percent of GDP, so it's not a big issue to leave it out of the employment statitistics.

    So when you say 'he left out agricultural' you are showing you don't know what you are talking about. Are you talking about the BLS? The BLS only measures non farm employment. The author of this study is not the BLS. He, like every other economist in the US, is just using BLS data.
  19. wgbgator
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    wgbgator Sub-optimal Poster Premium Member

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    Those disciplines can run controled experiments. There is a whole governing body & regulations for it:

    http://en.wikipedia.org/wiki/Institutional_review_board
  20. Dreamliner
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    Dreamliner Well-Known Member

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    Texas is absolutely killing it. The state produced fully HALF the jobs the nation as a whole produced during the recession. The damn place was keeping the NATION afloat.

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