Another example of the results of applied liberalism – from the Chicago Tribune:
…Nearly one quarter of the survey’s 322 respondents said Illinois had one of the least favorable business climates, according to Development Counsellors International, which specializes in economic development and tourism marketing.
Taxes and high costs were among the factors that contributed to the state’s poor showing in the survey. California was deemed to have the worst business climate, followed by New York and Illinois…
…Texas, North Carolina and South Carolina were viewed as having the best business climates, according to the survey.
It is just a simple fact of life – the more taxes and regulations you throw on business, the harder it becomes for business to exist. Liberals are steadily killing the goose which laws the golden eggs. The only businesses which can do well are those who donate heavily to liberals…and in return such businesses get tax and regulatory breaks. But, still, the overall effect on business is chilling…and the worst effect is not so much the actual taxes and regulations, but the fact that taxes and regulations can be increased or changed on a whim. Some liberal State legislator gets a burr up his butt and all of a sudden a new tax is laid or another onerous regulation imposed. Because of this, business either flees to friendlier jurisdictions or, at best, just stands pat and never expands.
We are getting a very useful course of instruction right now – our States are pretty much divided between Red and Blue. Not too many States with a really divided government. And, so, the experiment is proceeding…liberalism being applied here, conservatism being applied there. In a few, short years the inescapable results will be in, and the people will be able to see, finally and for good, which set of policies actually works. And not just in a purely business sense – the stunning turn around in Wisconsin following upon Walker’s reforms are showing that even in government action, applied conservatism provides better government at a lower cost.
We’re watching the process of liberalism killing itself off…it can no longer hide behind conservative forces coming to liberalism’s rescue. No more can some like an uber-liberal Dukakis in Massachusetts claim a liberal “economic miracle” which was actually brought about by Reagan policies nationally. No longer can a liberal President take credit for welfare reform and a balanced budget brought forth by a Republican Congress. Liberalism is out on its own…and it is failing, with no one to blame but liberalism.
We might be witnessing Liberalism’s last year…and it may come about that it will never trouble us again, at least through our life times.
HAT TIP: Mish’s