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Friday, February 26, 2016

82 years of a Democratic Legislature gets you 49th place

24/7 Wall Street listed the best and worst states to live.

Thank God For Mississippi.




From the article:
49. West Virginia
> 10-yr. population growth: 4.4% (8th lowest)
> 2014 unemployment rate: 6.5% (15th highest)
> Poverty rate: 18.3% (7th highest)
> Life expectancy at birth: 75.4 years (3rd lowest)
A lack of education often limits access to good jobs and economic prosperity, and residents of states on the lower end of the liveability ranking tend to have relatively low college attainment rates. In West Virginia, fewer than one in five adults have at least a bachelor’s degree, the lowest college attainment rate in the nation. West Virginia’s September unemployment rate of 7.3% was the highest in the nation. Also, job growth from 2012 to 2014 was actually negative, the only state where this was the case. The state’s poverty rate of 18.3% is the seventh highest of all states. Not only does financial stress often lower quality of life, but it can also contribute to a shorter life. In West Virginia, the life expectancy at birth of 75.4 years is lower than in all but two other states. In states with relatively poor living conditions, demand for housing is often relatively low, which tends to drive down home values. A typical home in West Virginia is worth $103,900, well below the national median home value of $181,200.
Left out: No. 1 in drug overdose deaths.

After 82 years of Democrats running the legislature, we turned it over to Republicans in 2014. We shall see how this works out.

14 comments:

  1. I'm disappointed. I thought West Virginia was "almost heaven".

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  2. At least WV is not DC, there's that.

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  3. Massachusetts and Connecticut among the top 5?? You've got to be kidding me...I've lived in both and am DELIGHTED to be in South Carolina now.

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  4. I love to surf the internet and the main reason being is the knowledge I get from posts such as this.

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  5. West Virginia is a beautiful place, but also a nightmare to build good roads in. That has played a part in the economic doldrums the state has endured for so long, but I'm sure the Democratic Machine played its part as well.

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    1. Wasn't any easier to build roads there during the period running from 1830 to 1950, when the state's demographic growth was quite satisfactory.

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  6. Forgotten in all the "82 years" talk is that a Republican governor - who went to jail for corruption - put W.Va. in a deep red hole in the 70s that the state continues to dig out of by doling out cushy pension plans to state employees in an obvious ploy for votes. Another Republican governor used up nearly all the state's Rainy Day fund under the guise of community development in the final days of his gubernatorial run - which he lost. The current Republican legislature has shown zero innovativeness to address any of the woes mentioned in your post. So yes, "we shall see how this works out" but given that the current Rs have nothing to offer, it's same ole politics in West Va.

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    1. State was in its best shape ever when Arch departed in 77. Worst shape when Jay left in 85. Dems sat on hands when Arch came back to fix it. By the way, Gazette settle that lien yet? Charleston Newspapers was a friendly and profitable enterprise when the Clay family ran it.

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    2. The state suffers from some very long-term deficits which have left its industrial mix vulnerable to shocks and have left it predominantly rural and small town with only 10% of the population living in one of 3 small cities. Do not think a governor can repair that on a business-cycle time horizon.

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    3. Tricky wording you got going there. Highly debatable that the state was "in its best shape ever" when Arch departed and while it may have been in "good" shape, Moore's pension policies wouldn't start sinking the state into its financial mess until years later. As for the Gazette lien, if you leave your chair for the first time in 30 years, you could find out on your own.

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    4. What Arch "did" needed a Democratic Legislature's approval. They ran the state for 82 years. As for the Gazette, it paid $57 million to buy the Daily Mail just to close it, but got stuck with it for 10 years because it violated antitrust laws. Had they obeyed the law, I would have received a nice two-year severance in 2005 but sadly, they broke the law. Them's the breaks. Last year, employees who left when the Gazette at last could shutter the Daily Mail got 6 months or less. Liberals don't know jack about business, and they screwed the West Virginia.

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  7. The ratio of West Virginia's personal income per capita to national means (0.785) is actually higher than was the case in 1929 (0.655). What seems to have changed would be overall growth in production and employment opportunities. West Virginia has been demographically stagnant since 1950. It's population is as we speak slightly lower than it was then. The thing is, between 1830 and 1950, the state's population grew pari passu with the national population. It was not until 1950 that the state's economic blah set in.

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  8. "Lack of education"? You've got what might be the most hypertrophied public system of higher education in the country. You've got 12 baccalaureate granting institutions with a total census of 70,000. Given you're total population, an average census would be about 48,000. If you were conservative in your investments like New York, you'd have 3 or 4 state colleges with a total census of about 22,000 and some stand-alone professional schools with a total census of about 1,800. You also hype your institutions, calling everything a 'university' (an appelation in New York reserved to research institutions).

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    1. Arch tried to do that in 1985, but the Democratic Legislature wouldn't. But hey, SJWs from the Gazette come here to blame everything on Arch.

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