| Did Bush policies help your State?  [+ favourites]
Does Presidential policies impact a state’s ability to create jobs? In a Federalist system the States are subservient to the Central (Federal) authority, including policies the Federal level imposes. I do agree that a state can attract investment income & jobs to their state. With that said, I also believe that a President can (working with Congress) have a major impact on all states ability to produce their own G.S.P. I am not able to research a state by state comparison to verify my opinion. This press release does make interesting reading (a month old release, looking back last year). For anyone that likes to compare the “Wonderful 90s” to the evil “Bush Years”, it seems the states were losing the last 4 years prior to Bush.
http://www.bea.gov/bea/newsrel/GSPNewsRelease.htm
RELEASE AT 8:30 A.M. EDT, THURSDAY, June 23, 2005
ECONOMIES GROW IN ALL STATES IN 2004
Prototype Gross State Product (GSP) Estimates
In 2004, strong U.S. real economic growth was widespread; real GSP grew in all 50 states and the District of Columbia, according to estimates released by the U.S. Bureau of Economic Analysis.1 GSP is the most comprehensive measure of overall economic activity in each state.
Highlights for 2004
Growth in real U.S. GSP accelerated from 2.8 percent in 2003 to 4.2 percent in 2004; all but seven states shared in that acceleration.
The financial services and information-communications-technology sectors were the largest contributors to growth, and most of the fastest-growing states have large concentrations in one or both of these sectors.
[b]
|
