Many, many folks are in financial trouble because the economy is very slow. As I travel, I see that the heavily taxed states and cities around the country are hurting the most. And places like Texas are still booming (well, if not booming, still growing and creating jobs). The moral of the story is to reduce taxes! DOH.
As the economy turns around, the South will rise faster than the North. We may even have another exodus from Michigan like we had in the 80's when the last big auto downturn happened.
The funny thing is -- Newsweek may be right. But if we get Obamacare...not so much.
2 comments:
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