[FoRK] Bar Stool Economics

[Aaron Burt]

On Tue, Sep 28, 2010 at 08:37:19AM -0500, Jeff Bone wrote:
> 
> On Sep 28, 2010, at 08:26 , Jeff Bone wrote:
> 
> > There are far "lower" places in the landscape for wealth to run and to pool up.
> 
> In support of this observation:  this doesn't merely happen across
> national borders, it happens domestically / interstate as well.  Take a
> gander at this:

Yes, you were shilling that one before.  Something about folks fleeing blue
states for red states in droves.

>   http://athousandnations.com/2010/09/20/when-u-s-tax-returns-vote-with-their-feet
>   http://taxprof.typepad.com/taxprof_blog/2010/09/state-migration.html

Hmm, nobody's talking about net migration or accounting for state
population.  Wonder why?

>   http://www.mytaxburden.org/migration/

Yay, actual (& allegedly accurate) data!  What does it tell us?
Well, when you subtract (exemptions) outflow from inflow and divide by
population ("%flow"), the thesis looks slightly less cut-and-dried.

Top 10 outflow:
%flow	Color*	State
21.53	Purple	Nevada (D + 2.004)
13.08	Red	Arizona (R + 4.990)
 9.76	Red	Idaho (R + 27.018)
 8.99	Purple	Florida (D + 0.320)
 8.56	Red	North Carolina (R + 6.086)
 8.13	Red	Georgia (R + 6.814)
 7.09	Red	South Carolina (R + 11.230)
 6.89	Purple	Colorado (D + 0.238)
 6.39	Red	Tennessee (R + 5.228)
 6.39	Blue	Delaware (D + 13.814)

Top 10 inflow:
%flow	Color*	State
 5.66	Blue	New Jersey (D + 11.656)
 5.66	Blue	Rhode Island (D + 25.708)
 6.09	Blue	California (D + 14.414)
 6.40	Red	Alaska (R + 20.946)
 6.44	Blue	Illinois (D + 15.844)
 6.50	Red	Louisiana (R + 4.824)
 8.12	Red	North Dakota (R + 16.484)
 8.43	Blue	Hawaii (D + 21.806)
11.06	Blue	New York (D+ 22.966)
23.06		District of Columbia

> Note how prevalent is the phenomenon of money moving *away* from states
> that seek to provide all-inclusive packages of "benefits" and so forth
> towards the more government-minimalist locales.

Going by AGI doesn't change the rankings significantly.

Less Planet Murdoch and more think-think,
  Aaron

* State "Colors" and margins from:
http://en.wikipedia.org/wiki/Red_states_and_blue_states