3 ms·
> Texas and Georgia both have massive immigration from other states. People vote with their feet. The technical term for this is "race to the bottom," abetted
by dctoedt 3y ago
> Texas and Georgia both have massive immigration from other states. People vote with their feet.
The technical term for this is "race to the bottom," abetted by short-term thinking on the part of "customers." It's similar to how people complain bitterly about the quality of air travel, but then go for the lowest-possible air fare.
(OK, the actual technical term is "revealed preference vs. expressed [or stated] preference.")
- pyuser583 3y agoPeople leaving the Bay Area for Austin and Georgia is hardly a race to the bottom. The Bay Area has insane housing costs because of toxic zoning regulations. Austin is a firmly blue city with extensive public services. The parts Georgia Bay Area folks are moving to are similar politically and socially. A better description is “people who value a well run city leave their poorly run city and move to a well run city.” Corporations doing business in the country with the least environmental regulation is a race to the bottom. Big corporations opening campuses in lightly populated suburbs is a race to the bottom. Ships flying flages of convenience in third world countries is a race to the bottom. People leaving a poorly run place to a well run place is not a race to the bottom. When a person moves from the Dominican Republic to New York, that’s not a race to the bottom.