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Old 12-07-2018, 05:16 PM   #4354
Greedy,Greedy,Greedy
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Re: Pennsylvania: where the men are ugly and all the children are below average

Quote:
Originally Posted by Tyrone Slothrop View Post
We have an economy right now where there are strong network effects driving good growth. The kinds of jobs that everybody wants are clustered in a small number of metro areas. Look at Amazon, choosing to expand in NYC and DC rather than any one of a number of other places. In the development sense, the rich (areas) get richer and the rest are stuck looking up at them. Fighting this dynamic is super hard. Individual places have done some interesting things, but no one has found a solution that works widely.
There is an element of truth in what you said, but just that.

Here is the BLS' list of the 10 states with the lowest unemployment rates (actually 11, because two states are tied for no. 10):

Hawaii
Iowa
New Hampshire
Idaho
Minnesota
Nebraska
North Dakota
Vermont
Virginia
South Dakota
Wisconsin

Are the places you identified on that list?

Here is average income adjusted for average cost of living:

http://time.com/money/5177566/averag...te-real-value/

There are actually quite a few places in the country that have been doing pretty well.
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