Red States Chart Faster Economic Recovery Than Blue States, By Nicholas Dolinger

Imagine that. From Nicholas Dolinger at The Epoch Times via zerohedge.com:

Throughout the United States, an unmistakable pattern has emerged in economic recovery from the lingering effects of the Covid-19 pandemic: Conservative-leaning states have seen rapid and major economic growth, while the coastal economic powerhouses in the Northeast and West Coast have often lagged behind or stagnated.

The skyline of Miami, Florida, on Sept. 29, 2021. (Joe Raedle/Getty Images)

A recent analysis by Moody’s Analytics attests to this pattern, using a combination of 13 metrics to chart each state’s progress toward normalcy. A majority of the best-performing states were found to have Republican governments, while 8 out of the 10 worst performers were governed by Democrats.

The impacts on local and state economies are already starting to be felt. Last May, Florida Gov. Ron DeSantis announced that his state had closed out at $20 billion for the most recent fiscal year, a record surplus that reflects the influx of capital into the state.

Another driver of the economic success of the red states has been the combination of astronomical real estate and rent prices in states like California and New York and new work-from-home opportunities, incentivizing workers to move away from the most expensive cities and seek more affordable housing elsewhere, where they can continue to work at jobs based in those cities.

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