February 9, 2014
NEW YORK POST: We Vote With Our Feet.
These boots were made for walking, as the song goes. Unfortunately for New York, they’re walking right out of the state, with the latest Census figures showing Florida about to overtake us as the nation’s third-most-populous state.
The Albany-based Empire Center for Public Policy crunched the numbers and found that since 2010 New York has had a net domestic migration loss of 328,538 people. . . .Why does this matter? It matters because whatever politicians might say about manufacturing or high-tech or natural resources, the key driver of any growing economy is people. And when people take their skills to other states, they are effectively voting with their feet against the status quo.
Meanwhile, states such as Florida and Texas continue to attract people. It’s not just taxes prompting migration to their shores, though certainly the lack of an income tax in either the Lone Star or Sunshine state has to be a large part of the attraction. These growing states are also creating jobs, and generally offer a lower cost of living. And as a general rule, human beings do not move away from opportunity.
That’s what makes these Census numbers so telling.
UPDATE: Reader Frank Pimentel writes: “It doesn’t help that Cuomo is allowing fracking in NY to be held hostage by the likes of RFK, Jr. I’m surprised the Post didn’t mention that.” Well, when you’re talking about the anti-business climate in New York, there’s never enough space to cover everything. . . .