New York’s economic outlook ranked worst in the nation

My brother-in-law was driving back from California last week and said they saw a ton of cars with California plates headed east in New Mexico. Many were Toyota Prius and some with moving trailers.

Fuck!

I'm not sure that cities like NYC will come back this time. I think there is a major shift going on.

A conservative think tank ranked New York’s economic outlook the worst in the nation as the state tries to recover from the coronavirus pandemic.

The Empire State placed dead last on the American Legislative Exchange Council’s annual ranking for the seventh straight year largely thanks to its high taxes and hefty debts.

New York and other states like neighboring Vermont and New Jersey — which filled out the bottom three — could be left behind in the recovery from the COVID-19 crisis if they don’t enact “pro-growth” policies, the report’s authors contend.

“Sound tax policy and eliminating excessive government regulations continue to stand strong and true in improving states’ competitiveness, and we hope these states’ stories serve as a guide as we navigate the economic recovery following the COVID-19 pandemic,” co-author Arthur B. Laffer said in a statement.

[link to nypost.com (secure)]

It takes hard work to suck worse than Illinois.