No, progressive policies don’t hurt growth

November 14th, 2017 at 9:53 am

Neat new study out of CA, where they’ve created a virtual conservative, anti-interventionist’s nightmare of progressive policies. According to theory, the state should be tanking re growth and jobs, and yet…well, see for yourself.

Ben S and I did some of this sort of analysis awhile back re the ACA and jobs in the states.

We’ve got the facts; they’ve got the power. This must change, OTE’ers!!

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2 comments in reply to "No, progressive policies don’t hurt growth"

  1. D. C. Sessions says:

    Growth and jobs are great as long as the former go to the right people and the latter aren’t paid too much.

  2. Kaleberg says:

    It’s like Seattle’s new minimum wage. Some economic theories are pure garbage. There was just an article on the restaurant boom. The limiting factor seems to be upmarket diners. I’ll admit it. There is no way I’ll manage to try 10% of the new places. One interesting dynamic is that the awful traffic makes opening a neighborhood restaurant a good bet. A higher end destination restaurant needs a bigger catchment and that means traffic becomes a problem. Apparently a lot of new places have been getting local followings and most have been doing quite well.

    This shouldn’t be very surprising. We’ve known for decades that anti-business blue states are wealthier than pro-business red states.