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k-12 tax base: Politics and Economic Growth

John Hindraker:

I think it is generally understood that red states outperform blue states by any possible measure. The Committee to Unleash Prosperity offers a new analysis that reaches that conclusion. This approach is unique because it tries to eliminate other variables, and isolate the importance of political philosophy:

[W]e needed to use more sophisticated statistical analysis to account for these other, non-political factors. We want to be able to say with a high degree of certainty that “Other things else equal Red States have higher rates of economic growth.” Specifically, in order to more confidently examine the issue we needed to use modern multivariate techniques such as regression analysis to isolate from other explanatory factors. After better controlling for such non-political factors as temperature or the presence of oil or gas deposits, does being a Red State still mean that the welfare-enhancing growth in incomes exist? Do politics really matter?

The answer is a resounding “yes,” as the report below indicates.

Madison has benefited greatly from the Obama era $38,000,000,000 back door electronic medical record federal taxpayer subsidies.

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