Kentucky's Economic Landscape
This week, the Bluegrass Institute published a white paper summarizing Kentucky's poor showing in the 2008 US Economic Freedom Index by the Pacific Research Institute.
Jim Waters of the Bluegrass Institute points out Kentucky's freefall from No. 29 in 1999 to No. 40 today, despite the constant claim of our political leaders to want to create a "better economic landscape" in Kentucky.
It also notes that Americans vote for better economic policy with their feet:
"Net migration for the 20 economically freest states between 2003 and 2007 was 27.36 people per 1,000....
"The migration rate for the 20-most economically oppressed states – those at the bottom of the freedom index – was only 1.17 per 1,000."
The short report "Index points finger at Kentucky’s economic failure" is certainly worth a read. David Adams also notes the report on the Bluegrass Policy Blog.
