Should I stay or should I go?

From The Clash:

From Breitbart:

Sean Hannity to leave New York after Andrew Cuomo’s anti-conservative rant
By Jeffrey Poor | January 20, 2014

In a radio interview last week, Gov. Andrew Cuomo (D-NY) made some disparaging comments about pro-life conservatives, stating they had “no place in the state of New York because that’s not who New Yorkers are.”

Those remarks drew the ire of conservative talk show host Sean Hannity, who on his Monday radio program declared he had enough and was abandoning his home state, where he hosts his widely syndicated radio show and his high-rated Fox News Channel television program.

“Now I want to tell you something – I was born and raised in New York,” Hannity said. “I want you to know that and I can’t wait to get out of here. I really can’t. I don’t want to pay their 10-percent state tax anymore. I live in the second-highest property taxed county in the entire country in Nassau County. I can’t wait to sell my house to somebody who wants it. I can’t wait to pay no state income tax down in Florida or Texas. I haven’t decided yet, but I’m leaning Florida because I like the water and I like to fish.”

More at the link, which contains the audio, but the infernal thing auto-launches, something I despise.

Mr Hannity continued to note that, in leaving the Empire State, he was taking all of his money with him — he’s a millionaire several times over — and, in doing so, the people who work for him in producing his shows would either have to go with him or lose their jobs, though he mockingly suggested that the Governor could take care of those who lost their jobs.

If Mr Hannnity follows through with his threat, he wouldn’t be the first to do so: Rush Limbaugh departed for Florida several years ago, and Glenn Beck picked up and took his production to Texas.

Mr Hannity does radio and television, things which are location-independent. Some infrastructure is required, but radio and television broadcasts are prepared all over the country, and Mr Hannity would find few problems in securing the facilities to broadcast. There are Fox Network affiliates all over the country, and it would be simple enough to make it happen.

In the meantime, Mr Hannity’s net income would increase by the amount in New York state income taxes he wouldn’t have to pay. In addition, the production personnel would cost less because salaries, wages and the general cost of living is lower in Florida and Texas. Economically, it would be a sound and sensible decision. And I’d note here that New York, once our most populous state, had slipped to third, behind California and Texas, as of the last census, and will surrender third place to Florida in short order, if it hasn’t already happened.

If this were just a matter of dollars and cents, then Mr Hannity would be late in coming to such a decision. But it’s not: Mr Hannity is a New Yorker, and has emotional ties to the area, and they are at least part of what has kept him paying too much in taxes for all of these years. Karen, the Lonely Conservative, wrote:

If I could leave this state I would in a heartbeat. But for the time being we’re stuck here with this nasty man as governor. And to think this guy wants to run for president. Beware, America.

Karen and her husband have a small business in New York, one which can’t just be pulled up and transplanted; that’s why they’re stuck. It’s also one of the reasons she writes so often about all of the burdens that the Democrats are putting on small businesses; they aren’t just intellectual exercises to her, but something that her husband and she see every day, and have to work through to keep their business running. Governor Cuomo can’t really run them out of state, unless, of course, the state puts so many burdens on business that they are run out of business. She also noted that Alabama Governor Robert Bentley Extends Invitation To New York Conservatives.

One of our greatest presidents ever once said, “The chief business of the American people is business.” President Calvin Coolidge understood what it took to have a strong economy. From the Harvard Business Review:

It was his only one-liner. In January 1925 President Calvin Coolidge—nicknamed “Silent Cal” for his taciturnity—declared, “The chief business of the American people is business.” Is that still true? When I moved from the United Kingdom to the United States, I certainly assumed so.

Yet evidence to the contrary is accumulating. In 2012 Michael Porter and Jan Rivkin showed that graduates of Harvard Business School overwhelmingly favor foreign over U.S. locations for new investment. They asked HBS alumni about 607 decisions in which they’d been involved on whether or not to offshore operations. The U.S. retained the business in only 16% of those cases. Asked why they favored foreign locations, the respondents listed the areas in which they saw America falling behind the rest of the world. The top 10 included effectiveness of the political system, simplicity of the tax code, regulation, efficiency of the legal framework, and flexibility in hiring and firing.

Such survey data would be less disturbing if they weren’t corroborated elsewhere. In the World Economic Forum’s most recent Global Competitiveness Report, the U.S. doesn’t make the top 20 on 21 out of 22 measures of institutional quality. On eight it doesn’t make even the top 50. Example: It ranks 59th on the basis of executives’ answers to the question “To what extent do government officials in your country show favoritism to well-connected firms and individuals when deciding upon policies and contracts?” Crony capitalism used to be what Americans complained about in Asia. No longer. At least seven Asian countries now score above the U.S. on this measure.

Many development economists argue that poor countries can get richer if they improve their institutions, particularly the rule of law. The converse also applies: Rich countries can get poorer if their institutions deteriorate, particularly the rule of law. Today only lawyers think the United States has the world’s best legal system. Everyone else knows it has become a nightmare of impossibly complicated statutes (example: Dodd-Frank), open-ended liability (tort costs are the highest in the industrialized world relative to GDP), and eye-watering billable hours.

More at the link.

After five years and one day under President Obama, who was supposed to bring us an economic recovery following the collapse in 2008, our economy is still growing at a very sluggish pace, and the number of new jobs being created is far to small to really make economic progress. The official unemployment rate has come down, but only because so many people have dropped out of the workforce and aren’t being counted as unemployed in the statistics, as far as the official number is concerned.1 Regardless of how nobly-intentioned one thinks the liberals and the Democrats are,2 what they want and what they do are things which are harmful to business, are harmful to our economy, and are harmful to working people everywhere. In their great sympathy for those who are less successful in our economy, they are advancing policies which don’t help the less successful become more successful, but which add burdens to drag down those who are working harder and more productively. Rather than arising tide which lifts all boats, they prefer to drain the water so people will be more equal, while they are all stuck in the mud.
____________________________________

  1. The U-6 rate is closer to reality, but even it tends to understate the loss of workers to discouragement.
  2. Your Editor is thinking worse and worse of their intentions every day.

Comments are closed.