DYSPEPSIA GENERATION

We have seen the future, and it sucks.

The Great D.C. Migration

20th January 2010

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Every day thousands of Americans vote with their feet on the best places to live and work, and these migration patterns can tell a lot about state economies—and economic policies.

But first the biggest loser, which was Michigan for the fourth year in a row. More than two families left the state for every family that moved in. The fall of GM and Chrysler has obviously hurt. But two-term Governor Jennifer Granholm has also made her state the test case for the policy mix of raising taxes on higher incomes, increasing regulation, and steering taxpayer money at favored programs like job retraining and renewable energy. It hasn’t worked for Michigan, even with the auto bailouts.

Ms. Granholm continues to be a regular economic policy adviser to the White House. Yikes.

As for the biggest winner, well, our readers won’t be surprised to learn that it was Washington, D.C. by a large margin. United Van Lines moved nearly seven families to the federal city last year for every three it moved out. As always when the feds gear up the income redistribution machine, the imperial city and its denizens get a big cut of the action.

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