04 December 2017

The US of Mississippi

During the fiasco of the Leona Helmsley Memorial Tax Cut for the 1%, I heard some Red State Congressman answer the question about why remove SALT deductions with the bill, which would disproportionately hurt Blue States. His reply was that may be such states shouldn't tax so much. IOW, the whole country should be just like Mississippi: uneducated, unskilled, unhealthy, but God fearing and multiplying like rats. Such a model worked in the 19th century plantation South. Not so much today.

Let's consider what that situation might mean. If you look at this graph, you can see that the Red States all lag the national average in per capita GDP. Not only would the "average" go from $50,000 to $31,000 (that's a 40% drop), but it also means that said Red states lose their market.

Back before the Civil War, there was Bleeding Kansas, what most historians consider the real beginning of the Civil War. It pitted Free Soilers in the soon-to-be state of Kansas against Slavers. The Kansans understood that slaves were cheaper farm help than Freemen, so they went to war over it. The exact same effort is going on now: the Red State Slavers, aka Republicans, intend to impose their model on the rest of us. Since the US Buck is New Gold, even if they win, they lose; who will buy?

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