Except for Nevada, color seems a good leading indicator of financial condition
Blue Flu used to be when cops all took a sick day at the same time. But now it is what affects virtually all states run by Democrats.
Rich Karlgaard predicts nasty things coming for Blue States like CA & NY:
- 20% more in state and federal taxes if you are upper middle class
- continued low house prices
- inflation/cost of living pushing more Blue state residents into Obama’s tax increases
- continuing outflow of money and smart people
I couldn’t agree more. Add to that crime, corruption and Blue states seem like a good place to be from.
He also doesn’t cover that these states are so Blue that the Feds will bail them out til the cows coming home. Giving the rest of us a tinge of purple as we scream in frustration.
He recommends Washington State and Texas. I think Texas is a good call. But Obama has a plan for Texas… its called “let them all in”. Washington State… run by Democrats, it will soon join CA in the dung heap.