If you want to live in a place with the best economic outlook, you are better off living in or moving to a red state, according to a new study.
The Washington Examiner reports:
Exclusive: New study finds red states have best economic outlook in 2018
Go somewhere with low tax burdens, light regulation, and limited government, young man. Grow up with your country in a red state.
That’s the conclusion of the annual “Rich States, Poor States” report from the conservative American Legislative Exchange Council, set to be released Tuesday.
Nine of the ten states with the best economic outlook for 2018 are red, mirrored inversely by nine of the ten states with the worst economic outlooks that are blue. Local politics and the fiscal policy they produce, the analysis suggests, determine whether or not a state economy will thrive.
It’s a large part of the reason why Utah is No. 1 on the list and New York, No. 50, explains ALEC Chief Economist Jonathan Williams.
“You do see a focus on a limited government philosophy, lower taxes, and many of the things Republicans generally run on in those states,” says Williams. “Look at those states, and they’re very fiscally conservative guided states, and they have been for a very long time.”
Conservative fiscal policies tend to work better for residents in the long run.