10 Most Business-Friendly States: 8 Have Republican Governers

by Darwin on July 12, 2012

CNBC conducted a pretty extensive analysis of where the best and worst places to do business are in the United States (study). Out of curiosity (well, I already knew what the answer would be, so more like “validation”), I cross-checked their list with the party affiliation of the sitting governor for each state:

STATE-BY-STATE RANKINGS
1. Texas – R
2. Utah- R
3. Virginia- R
4. North Carolina-D
5. North Dakota- R
6. Nebraska- R
7. South Dakota- R
8. Colorado-D
9. Georgia- R
10. Wyoming- R
I couldn’t help but notice that 8 of the top 10 are all run by Republican governors. When you get in a debate on Twitter or Facebook about how Obama is killing the economy and is largely responsible for the current abysmal jobs situation (real unemployment is actually 14.9%, not the 8.2% reported due to people dropping out of workforce. To see this fact reported straight from the BLS and learn a bit more about it, click here), they fail to grasp that left-leaning policies are not business-friendly and right-leaning policies are. Or once they grasp that, then it’s a conceptual debate about business vs. the little guy. Well, for most successful Americans, it’s not a mutually exclusive competitive negotiation. What’s good for business has been good for me, and millions of other Americans. If we really want to regain our competitiveness, increase employment and remain relevant in the global economy, we need more business-friendly leadership, not what we have now.

Healthcare reform, punitive tax policy, union cronyism, you name it. Nothing this administration does benefits businesses and we continue to see legislation and rhetoric attacking businesses. It’s really a pro vs. anti-business agenda coming up in November and it is beyond me how Romney continues to lag in the polls.

What am I missing?

 

{ 6 comments… read them below or add one }

Money Beagle July 12, 2012 at 12:35 pm

My state, Michigan, went from dead last (or close to it) and jumped somewhere around 20-25 spots, if I’m thinking of the same information, after electing Rick Snyder, not only a Republican, but a former CEO (of Gateway Computers). So this is very true.

Reply

Darwin July 13, 2012 at 5:18 pm

You mean being a lifelong bureaucrat isn’t good for business?! Shocking!

Reply

krantcents July 12, 2012 at 1:24 pm

I don’t think you can generalize! Some politicians use their power to help out their friends or for their own interests. This is true of both parties! I think I am am becoming an independent.

Reply

Darwin July 12, 2012 at 9:33 pm

Oh it’s pretty easy to generalize. Politicians tend to fall down party lines on about 99% of the issues… immigration, abortion, gun control, handouts, taxes…you name it.

Reply

Financial Samurai July 12, 2012 at 4:45 pm

Can’t wait for all that wealth to be distributed to California! GO USA!

Reply

Darwin July 13, 2012 at 5:17 pm

City after city declaring bankruptcy over there; you better hope the union continues to be so giving!

Reply

Cancel reply

Leave a Comment

Previous post:

Next post: