http://money.msn.com/investing/the-5...worst-to-first
I thought North Dakata would ranked #1, but I was off. I knew we were top 3 for sure!![]()
http://money.msn.com/investing/the-5...worst-to-first
I thought North Dakata would ranked #1, but I was off. I knew we were top 3 for sure!![]()
I'll just have to take your word for it, no way I'm clicking through 52 pages.
The rankings are incomplete. They left out the other 7 states.........idiots.
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Got to page 2 before seeing this article's political bias... Alaska is ranked #50 because they are not allowed to explore for more oil and natural gas... they are limited to the same Prudhoe bay area that they were allowed in the 70's... of course production is down, the area is now dry.
http://www.businessweek.com/news/201...oration-plan-1
also
http://www.forbes.com/sites/energyso...hell-drilling/
Goes to show the rankings are highly related to oil production.. except California... Liberal reporting at it's lowest- but what else would you expect from Pravda, er MSN..
Looking further, they're not ranking economies, they're ranking economy improvement and cherry picking data to suit their political agenda. They want Alaska to be ranked last because it's associated with Sarah Palin, and they want Colorado ranked first because it's a recent conversion to blue state... to get Texas down to #3, and California ranked #2, they probably cherry picked data to suit their agenda.
Last edited by 68Charger; 08-23-2014 at 09:09.
ΜΟΛΩΝ ΛΑΒΕ, we are the III%, CIP2, and some other catchphrase meant to aggravate progreSSives who are hell bent on taking rights away...
There is a whole lot more that goes into an economy than UE, GDP and the other 6 "metrics" they used in that article.
That said, ND can't physically sustain an economy that's bigger and more completely healthy than say a state like CO, just because it doesn't have the infrastructure, or people to do it. It's in one of the biggest booms in the last 30 years, but doesn't have the population, and infrastructure (Housing, support business, ect) to fully take advantage. That's why McDonalds is paying $20/hour to start up there. It will come around sooner or later but it's going to take a while to stabilize.
Alaska suffers from the same problem, and it's why they have had a rough few years, and ND is part of what has done it to them. There's a hell of a lot of people in that line of work that went from working on the slope in weather that is a LOT worse than ND, to ND and a hell of a lot shorter plane ride home. Couple that with an extremely low density of private land in Alaska vs ND and the oil exploration opportunities dry up, where the opposite is true in ND which further aided capitalization.
There's some reasoning behind the rankings they used but there's definitely a political slant to it. But there is with anything produced by major media.
Weed and 10 round mags is libereality....