Red states are overwhelmingly outperforming blue states in their economic recoveries from the pandemic. RestoringAmerica
Labor Department data show that since February 2020, just before the pandemic took hold, red states combined have erased their losses and added 341,000 jobs, with the share of jobs in Republican-leaning statesOn the other hand, there are 1.3 million fewer jobs in blue states than there were prior to the start of the pandemic.
“State Republicans’ rejection of President [Joe] Biden’s reckless tax-and-spend agenda shielded their constituents from the worst of Bidenflation, and the conservative policies they implemented have Republican-led states better positioned to weather the national recession Biden is thrusting on the American people,” Romeo said in a statement provided to theA Moody’s analysis of Equifax consumer credit reports found that some 46 million people changed zip codes in the year ending in February 2022...
“The economy is changing, and if states want to remain competitive, their tax codes will have to change as well,” Jared Walczak, vice president of state projects at the Tax Foundation, told theearlier this year. “Workers are more mobile than ever before, and since they no longer need to live where they work, taxes will take a larger role in deciding where they call home.”
Last month, billionaire hedge fund chief Ken Griffin, citing a better corporate environment, announced thatGriffin is a top GOP donor and the wealthiest person in Illinois. He said that he has already moved to the Sunshine State and that the hedge fund will begin the process, which is expected to take years, of relocating as well.
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