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hangloose Donating Member (554 posts) Send PM | Profile | Ignore Wed Nov-10-04 03:59 PM
Original message
Blue states carry U.S. economy, if not its vote
By Brett Arends/ On State Street
Tuesday, November 9, 2004

To an investor it must come as a surprise to hear all this talk of the ``red'' states, which voted Republican last week, as the ``real America'' or the ``heartland.''

And to hear the blue states described as a ``coastal fringe.''

One wonders if the pundits using these phrases have taken a look recently at the stock market.

Or the economy.

The Dow Jones Industrial Average represents the leading companies of U.S. industry across all the major sectors.

At the risk of fueling further talk of secession: Of the Dow's 30 members, 23 are from blue states.

They include ALCOA, American Express, Boeing, McDondald's, General Motors, Intel, 3M, Microsoft and Disney. Some fringe.

<snip>

The blue states remain the engine of the American economy. All in all they produced $5.4 trillion in goods and services in 2001, the last year for which reliable data is available.

That's about $700 billion more than the red states, according to the government's Bureau of Economic Analysis.

<snip>

You might expect that, as a result, their economies are growing much faster, too. Instead, from 1994 through 2001, the two economies expanded in line with one another. Despite the population shift.

Per person, blue America outproduces red America by 21 percent. That's $6,700 per person per year.

(http://business.bostonherald.com/businessNews/view.bg?articleid=53186)
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genius Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-04 04:02 PM
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1. We don't need the red states. Let's dump them.
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Q3JR4 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-04 04:05 PM
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2. I'm with you. EOM.
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BOSSHOG Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-04 04:06 PM
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3. I live in a red state and I agree with you
I recommend blue staters boycott all red states. Take your money elsewhere. Starve the trash.
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Sanity Claws Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-04 04:09 PM
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4. red states are a drag on the rest
The red states are a drag on the rest of us economically. Does anyone know any stats on how much is paid out to these states on a per capita basis for federal programs? They get the bulk of the farm subsidies. They also get a lot of highway construction money. A lot of pork barrel in Texas.
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Dark Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-04 04:11 PM
Response to Reply #4
5. Welcome to DU oneangrychick!
:hi:

I agree. Let's dump them now.
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newyawker99 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-04 07:40 PM
Response to Reply #4
11. Hi oneangrychick!!
Welcome to DU!! :toast:
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Wed Nov-10-04 04:16 PM
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6. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
patinor4america Donating Member (50 posts) Send PM | Profile | Ignore Wed Nov-10-04 04:21 PM
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7. Moderators, thanks! Wow you're fast!
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wicket Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-04 04:25 PM
Response to Reply #7
8. sheesh, trolls are out in full force today
!
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Doctor_J Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-04 04:28 PM
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9. that's why a tax revolt is our best bet
come april 15, a coordinated effort to withhold whatever % of our taxes go to the occupation should be made. Let's see how well the "heartland" survives without the money from us godless Dems.
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Nicholas_J Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-04 04:38 PM
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10. Yup
If not for the Blue states the U.S. would be a tobaccy growing, agrarian back water, with a few tourist traps dangling off of the edges.
Everything of any value economically was developed in the Blue states, alllegislation that lead to the growth of the middle class came out of the blue states. If Republicans had been in charge of the fist 6 or seven decades after the turn of the 20th century, blacks would have no civil rights at all. women certaily would be kept out of all of the advanced professions, there would still be child labor, the none of the medical advances of the l;ast 30 years would have ocured, as most of them were the result of the need to eliminate costly procedures to control the costs of medicare and medicaid, prescription drugs would be too unsdafe for anyone to actually risk using them. Virtually all of the labor saving tools we find indispensable would nbever have been invented, as 90 percent of the technoloigy we take for granted today all came out of the space progra MRI's Very Small Scale Integration of conputer chips ,, we would be without home computers without these. Thousands of medical procedures and test which were developed by the human factors people for the astronauts would be non existant. rechargeablee batteries like NiCads and lithium cells, Microwave ovens, heads up screens on jets and automobiles.The Internet itself was tossed by the military adn picked up by Democrats for the department of education and then turned over to bug business, all by democrats who had to fight Repukes for it. Al Gore may not have 'invented" the internet, but he is titally resposible for the initiative to allow it to be used for busness purposes, and more than that to advertise and sell. Al Gore created the boom of the 90's and as such democrats are responnsible for the massive growth of the 90's fought against by the Republicans. For all of their talk about the ingenuioty and innovativenesx of the American Businessman, the American Busnessman would still be selling hose and buggies if REpublicans had naything to say about it. They have coninually resisted the Democratic efforts to do what government does best. Large scale costly programs that enable businesses to grow and expand It was the democrats who had to fight to get the interstate highway systems built which allowed businesses to break out of the inner cities following th people who had moved away from the.The ability to transport goods to where the people lived., and to build new businesses there created theAmerica we know today, the REsult of FDR's vision and constant fighting against the drag that Republicans continually place on all progress.

On top of that, all opf those Red States in the middle of the country must live off of the massive money generated in the Blue states. Federal tax dollars are disproportionaltely senmt to thsecholes in the wally becasue they simply do not have thre get up and go or industry of the government and people of the blue states. The red states are made up of weealthy welfare queens. These States have low taxes so the rich can keep as muc of their money as possible, while sponging off of the middleclass of the blue states in order to get their roads built, their ultilities run, and so on. It is about time that the blue states work towards puting an end to this situation in which these states get handouts to build empty highwayds going nowhere, used by almost no one, while the blue states cant keep up with their own needs. OIts time for these states to stop taking handouts and to get up off their asses and pay their own way. Maybe raise taxes on guys like Cheney to pay for the roads in Wyoming rather than picking th pockets of some taxi driver in New York.

Repukes want tax reform, lets give it to them
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