Wednesday, June 24, 2009

Southbound And Gone

The left has succeeded in driving those evil capitalists out of California. So, where have they gone? To a part of the country that's actually succeeding in creating new jobs:
If you wonder how 'soak the rich' liberalism will play out with the New Left regime in D.C., just look at California. As Ronald Reagan said, 'People vote with their feet.' The reason Texas, Tennessee and Florida (all zero-income-tax-states) grow is because entrepreneurs flee high-tax states, and bring their businesses and jobs with them. I joke that my home state, Tennessee, is called 'The Volunteer State' because they can't make you live there. Yet few leave.
The South gets a lot of knocks, some of it deserved, but one thing it can do is rebuild and reinvent itself. And it doesn't need to "Redistribute income" to do it.

0 comments: