By Arthur B. Laffer, Stephen Moore and Jonathan Williams
Throughout the country, states are looking for ways to energize their economies and become more competitive. Each state confronts this task with a set of policy decisions unique to their own situation, but not all state policies lead to economic prosperity.
Using years of economic data and empirical evidence from each state, the authors identify which policies can lead a state to economic prosperity. Rich States, Poor States not only identifies these policies but also makes sound research-based conclusions about which states are poised to achieve greater economic prosperity and those that are stuck on the path to a lackluster economy.
The 2015 (8th edition) economic outlook ranking is a forward-looking measure of how each state can expect to perform economically based on 15 policy areas that have proven, over time, to be the best determinants of economic success.
Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index is an annual economic competitiveness study.
Historical Rich States, Poor States:
YEAR: 2008 2009 2010 2011 2012 2013 2014
Rank: 49 50 50 50 50 49 50
CPNYS By Shaun Marie, on Apr 8, 2015
ALEC – the American Legislative Exchange Council – has a new report out written by Arthur B. Laffer, Stephen Moore and Jonathan Williams and unfortunately, it does not have good news for the citizens of New York. The 2015 economic outlook ranking is a forward-looking measure of how each state can expect to perform economically based on 15 policy areas that have proven, over time, to be the best determinants of economic success. New York ranks dead last.
We can change New York’s ranking by being more involved in the political process and taking this man’s lead. Thanks Mr. Mercaldo for publically stating, "The decision to change party affiliation has caused me no little anguish. Yet, it is imperative that that I embrace an organization whose principles demand policies that will protect and preserve our nation for future generations. We must be a nation governed by the Constitution, Bill of Rights and the rule of law. We must reject international law as a replacement of our own charter."