10 States With Ridiculously Low Unemployment — And Why

I noticed this video a while back which shows how the economic problems mostly hit the coasts and the south first and then slowly moved to the interior of the country. Some of the midwestern and northwestern were barely impacted at all. I particularly paid attention to how Iowa remained strong as the states to the south, east, and north all descended into economic darkness.

I came across an article that explains some of this.

10 States With Ridiculously Low Unemployment — And Why

The 10 states are:

  1. North Dakota
  2. South Dakota
  3. Nebraska
  4. New Hampshire
  5. Vermont
  6. Hawaii
  7. Kansas
  8. Wyoming
  9. Minnesota
  10. Iowa

Some key elements that seem helpful:

  • diverse economy
  • agriculture or another strong sector such as tourism or industry
  • highly educated population

Iowa actually has a lower than average rate of higher education, but that is probably because of a split. There is a lot more agriculture in Western Iowa and a lot more education in Eastern Iowa (I read a few years ago that Iowa City has the highest per capita of highly educated in the country). Most importantly, Iowa balances all of this with a very diverse economy.

I had to check one other factor to see if the data holds up. I’ve recently written about income inequality because of reading the book The Spirit Level. As I expected, according to the data in the book, all these states are among the lowest in income inequality (and among the lowest in social problems). This once again proves the theory that income inequality is bad not simply because it leads to social inequality but because it leads to an unstable economy. Wealthy states like Texas and California were hit hard by the recession maybe because they have some of the highest income inequalities in the country.

The moral of the story: Even if you’re a selfish capitalist or a righteous social conservative, you should still help the poor because in helping them you are helping yourself. If you don’t help the poor, you and your entire community will suffer from your sins. So, quit being an asshole and help the poor.

IRONY ALERT: Rush Limbaugh Touts Socialist Health Care

IRONY ALERT: Rush Limbaugh Touts Socialist Health Care (UPDATED)

Rush Limbaugh on the care he received in Hawaii after his heart attack scare (via the Denver Post):

Limbaugh couldn’t resist a few political comments in the short press conference at the hospital. He said he got the best health treatment in the world “right here in the United States of America.”

“I don’t think there’s one thing wrong with the United States health system,” Limbaugh said.

He thinks he’s being a smart ass; that he’ll show Obama by holding a news conference to tout the care our current health care system provided him.

Unfortunately for him, or fortunately for his health, Hawaii has pretty much had what amounts to universal health care since 1974.

His treatment, under the Hawaiian system, and one he’d call socialist on any given day, was the best possible care he could have gotten despite being very similar to that dreaded “universal health care” he rails on and on about.

From Paul Abrams:

Yes, Rush. That’s the point! American medicine is superb–for those who can get it. And, in Hawaii, no one gets special treatment, because everyone can get it.

[snip]

Hawaii has had nearly-universal employer-mandated health insurance since 1974. Although its Pacific Island location makes the costs of everything–from gasoline to milk to ice cream to housing–the highest in the nation, health care premiums in Hawaii, for comprehensive care with small co-pays and deductibles, are nearly the lowest and their costs per medicare beneficiary are the lowest in the nation.Why? There are a variety of reasons, most traceable to universality. With everyone covered by primary care, emergency room visits tend to be for real emergencies, not the non-emergent care mainland ERs dispense for people without coverage. That reduces the costs of ERs and the costs of non-emergent medicine since patients can be handled less expensively and more effectively by their primary docs. Hospitals have not overbuilt, acquiring expensive machines to compete with their neighbors for patients. Insurance companies have instituted screening and other measures to improve wellness among their covered populations.

We can all be pleased that Rush appears to have survived his encounter with socialist medical care. He seems to be very happy himself, commenting on the results of a socialist angiogram that showed no disease in the arteries that feed his heart muscle.

Now, of course, Rush does not live in Hawaii and so his costs are not covered by the Hawaiian insurance system, but having that “socialist” system for more than 3 decades has not reduced the quality of the care he received. Who would have thunk it!

read more…

But, Rush doesn’t really have to worry about costs — like 95% of the rest of us (h/t BarbinMD):

Conservative radio talk-show host Rush Limbaugh Wednesday inked an eight-year contract for around $400 million …

In his efforts to show up the President, all the fat, sweaty bouncy one did was show what an ignoramus he truly is.