Mapping how money walks
Kevin Glass:
In the United States today, interstate migration is becoming a more and more prominent topic. A new book called How Money Walks has used IRS data to put hard numbers to which states are losing and which states are gaining wealth due to interstate migration.
Most of it won't surprise you: the northeast and the rust belt states, along with California, are losing residents at incredibly high rates. Most of the south and southwest is gaining. Texas, Florida, Arizona, and Colorado lead the way in total wealth gained due to migration. Some are surprising, though: Washington State, for example, has been a fairly large gainer. And the outlier in the South is Louisiana.
...Louisiana is still feeling the effects of Katrina and the burdens of corruption which are being lifted by Gov. Bobby Jindal. What the map shows for the most part is the burdens of liberalism cause people to migrate. New York, Illinois and California are the real liberal problem states. Some of the otehr rust belt states have changed by electing Republican governors
Thanks for posting Merv! What does surprise many are the county results showing where your community is receiving income, versus where it may be losing it. Downloading the app at www.howmoneywalks.com can get anyone started with that in just a few minutes! Thanks, Travis H. Brown
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