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Monday, April 15, 2019
Rich States, Poor States: Hawaii Ranks 45th
By News Release @ 3:22 PM :: 3942 Views :: Economy, Hawaii Statistics, Labor, Taxes

Rich States, Poor States 12th Edition

From ALEC, April 15, 2019

The Economic Outlook Ranking is a forecast based on a state’s current standing in 15 state policy variables. Each of these factors is influenced directly by state lawmakers through the legislative process. Generally speaking, states that spend less—especially on income transfer programs—and states that tax less—particularly on productive activities such as working or investing—experience higher growth rates than states that tax and spend more.

Used by state lawmakers across America since 2008, Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index, is authored by White House Advisor and economist Dr. Arthur B. Laffer, White House Advisor and Economist Stephen Moore, and Jonathan Williams, Vice President of the American Legislative Exchange Council Center for State Fiscal Reform.

Link: Read the New Report Here

Link: Hawaii Report (Economic Outlook 45th, Economic Performance 23rd)

Hawaii’s Cumulative Domestic Migration, from 2008 thru 2017 is -51,894 -- Rank 34th

(Tip: Try out the “adjust performance” feature.  You can abolish the GE Tax, eliminate public employees, enact a right to work law, and and cut other taxes and see how each move or combination of moves affects Hawaii’s economic performance.) 

PBN: Hawaii ranks near bottom in rich states, poor states report

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