3 ms·

Mercatus is a Koch funded think tank -- hardly unbiased and a poor source here.

drak0n1c 6y ago
It would be better if you countered the statistical method used in the analysis. Otherwise your point is no better than someone saying "Soros donated to this think tank, therefore invalid".
- james-mcelwain 6y ago
  Their "list" is basically just a list of states with debt, that completely ignores their ability to issue new debt and generate revenue (i.e. that people actually want to live in California and not Kansas), while ignoring the fact that many of these states with "balanced budgets" provide basically no services and are liable to getting wrecked in times of crisis. I mean, the fact that Kansas is so high on this list should tell you all you need to know.
  - Acrobatic_Road 6y ago
    >Their "list" is basically just a list of states with debt, that completely ignores their ability to issue new debt and generate revenue (i.e. that people actually want to live in California and not Kansas) Do they? I'll grant you that nobody wants to live in Kansas. It had a net migration of −4.32% between 2017-2018. But California doesn't fair much better at −3.95%. People are also fleeing Illinois, Connecticut and Massachusetts (all in the bottom 5 as give by Mercatus) in record numbers. https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_net_migration https://en.wikipedia.org/wiki/List_of_U.S._states_and_territ... As people leave these state, it certainly does impact their ability to raise revenue, and this is compounded by how many blue states rely on progressive taxation. >I mean, the fact that Kansas is so high on this list should tell you all you need to know. But Kansas is a special case. Their pension funds were crippled by particularly bad mismanagement and corruption. The question you should be asking is why are the other bottom 5 blue states?
    - james-mcelwain 6y ago
      People are leaving California because of the housing crisis, which is undoubtedly a huge issue, but is an indicator of massive demand to live in California, not that people are fleeing the state due to fiscal mismanagement
      - Acrobatic_Road 6y ago
        Late reply, but the housing crisis is actually a major problem of supply, not demand. It's very time-consuming and costly to get anything built in California. Texas is experiencing positive net migration, and presumably those migrants demand Texan homes, yet Texan housing is much more affordable than California. Ditto for Florida.

It would be better if you countered the statistical method used in the analysis. Otherwise your point is no better than someone saying "Soros donated to this think tank, therefore invalid".

james-mcelwain 6y ago
Their "list" is basically just a list of states with debt, that completely ignores their ability to issue new debt and generate revenue (i.e. that people actually want to live in California and not Kansas), while ignoring the fact that many of these states with "balanced budgets" provide basically no services and are liable to getting wrecked in times of crisis. I mean, the fact that Kansas is so high on this list should tell you all you need to know.
- Acrobatic_Road 6y ago
  >Their "list" is basically just a list of states with debt, that completely ignores their ability to issue new debt and generate revenue (i.e. that people actually want to live in California and not Kansas) Do they? I'll grant you that nobody wants to live in Kansas. It had a net migration of −4.32% between 2017-2018. But California doesn't fair much better at −3.95%. People are also fleeing Illinois, Connecticut and Massachusetts (all in the bottom 5 as give by Mercatus) in record numbers. https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_net_migration https://en.wikipedia.org/wiki/List_of_U.S._states_and_territ... As people leave these state, it certainly does impact their ability to raise revenue, and this is compounded by how many blue states rely on progressive taxation. >I mean, the fact that Kansas is so high on this list should tell you all you need to know. But Kansas is a special case. Their pension funds were crippled by particularly bad mismanagement and corruption. The question you should be asking is why are the other bottom 5 blue states?
  - james-mcelwain 6y ago
    People are leaving California because of the housing crisis, which is undoubtedly a huge issue, but is an indicator of massive demand to live in California, not that people are fleeing the state due to fiscal mismanagement
    - Acrobatic_Road 6y ago
      Late reply, but the housing crisis is actually a major problem of supply, not demand. It's very time-consuming and costly to get anything built in California. Texas is experiencing positive net migration, and presumably those migrants demand Texan homes, yet Texan housing is much more affordable than California. Ditto for Florida.