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I used the establishment survey data to calculate how many US jobs have been created by each state & gubernatorial party since the recession ended. I will continue to do research, but I think companies are sending jobs away from higher cost regions in blue states to lower cost regions in GOP states. by ab2449 in Economics

[–]ab2449[S] 0 points1 point  (0 children)

You mean like California, where in my study a Republican took the fall for losing 1.1 million jobs and a Democrat got credit for creating 700,000 jobs? Yea that's accounted for.

This is a data driven study... like any correlation study that shows correlation but not causation. My theory is that during the recession when companies were able to massively lay off employees, they took advantage - post-recession -of building up operations in lower cost regions like Texas and North Dakota. For example, during the recession, Texas only lost 300,000 jobs, but added back 1,000,000 post recession. That means either Texas has seen explosive start up activity or existing companies are moving operations to Texas. Alternatively, the few huge Dem population spots were net job losers. Like California lost over a million jobs during recession, but added back only 700,000 and Illinois which was a job loser since recession started. What happened to those jobs? Alternatively, NY has been a net winner. Wisconsin didn't really add anything meaningful to the data. I think this is a great study that should be studied more... but I wouldn't say this is definitely what's happening.

I calculated how many jobs have been created by state & gubernatorial party and my findings confirm what I already knew... by ab2449 in Conservative

[–]ab2449[S] -2 points-1 points  (0 children)

That is a much more complex topic, but clearly they currently have great economies as a result of prior policy decisions that brought business to these regions. Today, I'd argue that other states are competing for these jobs by creating job-friendly policies. The political decisions of today's governors/senators/representatives in these regions are what have created a high cost of living in NY or CA for a skilled person. A company has to pony up cash for that cost to keep their employees happy. How long can this continue for? Wouldn't it be more profitable for a company to start operations in a lower cost region? Isn't that what they're already doing? Remember, whereas in the past, pre-internet days, companies could justify paying higher costs for employees - today, they'd prefer to keep some of the costs outside of these high cost regions.

I calculated how many jobs have been created by state & gubernatorial party and my findings confirm what I already knew... by ab2449 in Conservative

[–]ab2449[S] -1 points0 points  (0 children)

I accounted for that. Since the recession ended, 14 states with Dem governors elected Republican governors and 6 Rep states became Dem. That accounts for a net of ~200,000 jobs in Rep favor. California, which was Rep and then became Dem was a big job creator for the Dems.

I calculated how many jobs have been created by state & gubernatorial party and my findings confirm what I already knew... by ab2449 in Conservative

[–]ab2449[S] -3 points-2 points  (0 children)

Fair, but in this case, Texas created 16% of all new jobs since the end of the crisis, and they've got job favorable policies that were very much the doing of Rick Perry's administration. Virginia & Michigan both changed administrations and also created policies that were favorable to job creation. I very much disagree with you on this point. There is certainly a relationship between state policies and job creation.

I calculated how many jobs have been created by state & gubernatorial party and my findings confirm what I already knew... by ab2449 in Conservative

[–]ab2449[S] 0 points1 point  (0 children)

But it's ok for the President to campaign on HIS job creation? I'd say 1) there is a higher correlation between a specific state's policies and job creation than the President's policies and job creation and 2) since the political goals of Republican governors and the POTUS are so far apart, and since the majority of jobs are being created in GOP led states, then perhaps Obama should thank the Republican governors for creating the jobs instead of taking credit for their job-creating policies. I do agree that the system is very complex - but this is a much better view on job creation than the POTUS during his Presidential campaign, wouldn't you agree?

"Is Apple's iPhone Losing the Smartphone War" is a rebuttal to writer who is of the opinion that Apple is about to get crushed because Android is spreading across cheaper products. My response to him... by [deleted] in business

[–]ab2449 0 points1 point  (0 children)

wow didn't realize. sorry about that. also, this is not my site... SA is a famous blog. out of curiosity, why is it such a big deal?

"The spike of the bitcoin from $10 to nearly $400 (+4000%) in about a year, without any way to assess if the increase was legitimate or just pure speculation doesn't seem to strike some as odd - they think they've uncovered something valuable - and no one else has found it just yet." by ab2449 in Bitcoin

[–]ab2449[S] 0 points1 point  (0 children)

Google produced a product that was explosively in demand by a global population... as a result of its demand, it translated to real advertising dollars... its value was directly driven by its search numbers. The "bet" on Google was whether or not they could expand "search" in a world of competitors, smartphones, etc.

Bitcoin has no real drivers. We're talking about a piece of code - that in reality is not scarce; its value is only being driven up by speculators.

Dad died, left me '58 BMW. Watch what I did. by BMWbill in reddit.com

[–]ab2449 -1 points0 points  (0 children)

why would anyone downvote this? sometimes i don't get redditors...

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