SC

Economic Freedom In SC? It’s Evaporating

PALMETTO STATE RANKED AMONG “LEAST FREE” IN AMERICA By FITSNEWS  ||  South Carolina has fared poorly on a new report which ranks states based on their willingness to embrace the free market – a report which also highlights a nationwide trend toward more government and less economic freedom. Surprised?  Don’t…

PALMETTO STATE RANKED AMONG “LEAST FREE” IN AMERICA

By FITSNEWS  ||  South Carolina has fared poorly on a new report which ranks states based on their willingness to embrace the free market – a report which also highlights a nationwide trend toward more government and less economic freedom.

Surprised?  Don’t be … look at our low income levels.  And low labor participation.  And then look at the failed government monopolies that are responsible for those dismal results.

Seriously … it’s been like this for years in the Palmetto State.  Yet rather that implement free market policies to help turn things around, “Republican” S.C. Gov. Nikki Haley has chosen to advance a fiscally liberal agenda on taxesspendingeducation and (most notably) government-subsidized health care.

While our neighboring states blow past us … 

Anyway, according to the Fraser Institute’s “Index of Economic Freedom in North America,” South Carolina was one of eleven states classified as the “least free” economically in America.  Meanwhile the United States itself continues to see its economic freedom decline.

In fact, “on average, Canadian provinces now have a higher level of economic freedom on the world-adjusted index than US states,” the report noted.

Ouch …

“High levels of economic freedom help create prosperity and economic growth for working families,” the report’s authors stated.  “The freest economies operate with minimal government interference, relying on personal choice and markets to decide what’s produced, how it’s produced and how much is produced. As government imposes restrictions on these choices, there’s less economic freedom.”

Indeed … this stuff isn’t rocket science, people.

Well, unless of course you are an elected official in South Carolina.

FRASER INSTITUTE ECONOMIC FREEDOM REPORT (.pdf)

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31 comments

Dan Ruck December 16, 2014 at 1:36 pm

Of course FITS likes this retarded, ass-backward viewpoint. Only it isn’t insane enough, is it, fuckwads.

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Rethuglican December 16, 2014 at 1:44 pm

The Tea Party revolution is in full swing. I’m sure their newly elected buddies in Washington will bring more of the same on the federal level.

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johnq December 16, 2014 at 1:44 pm

South Carolina should immediately renounce and refuse anymore funds from the federal gov’t. Of course 45% of our state budget will disappear but we can’t very well call the poor takers and freeloaders when we take so much money from the hated federal gov’t. now can we?

Until then it is all just hypocrisy from Republican corporate loving stooges.

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You're Welcome December 16, 2014 at 2:03 pm

SC is the poor taker and freeloader of the states. Get it together, white thrash.

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pogo2 December 16, 2014 at 3:04 pm

8. South Carolina

Richard Ellis/Getty Images

In recent months, South Carolina has begun booming its way out from the shadow of the Great Recession. Here’s how the Palmetto State is doing based on our metrics:

South Carolina had the largest drop in its unemployment rate among the states, going from 7.8% in June 2013 to only 5.3% in June 2014 — a drop that puts South Carolina’s rate under the national average.

Accordingly, South Carolina also had strong payroll jobs growth, adding 42,500 jobs between June 2013 and June 2014, a 2.2% increase.

South Carolina’s auto sales have also grown, with a 9.7% uptick in per-dealer sales from 2012 to 2013.

Read more: http://www.businessinsider.com/state-economic-growth-rankings-2014-8?op=1#ixzz3M5otUI60

Oh my!!!! Haley, Haley, Haley…..

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Short Bus Driver December 16, 2014 at 2:29 pm

The rest of the USA should refuse to continue to make up the economic difference for your slack asses. Time and time again SC has to be dragged into the present by the rest of us. You’re like the “slow” awkward cousin Mom makes us play with just to be nice.

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Smirks December 16, 2014 at 1:58 pm

While our neighboring states blow past us…
lol… As if our neighboring states are significantly more conservative than us, if at all.

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Rocky December 16, 2014 at 2:55 pm

You sure blew past me last night!!!

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Sandi December 16, 2014 at 2:08 pm

Haley has brought us unbridled prosperity and economic opportunity. She is hailed nationwide as a job creator, and a friend to business. We are lucky, nah I should say, honored, to have her as our governor. You go girl!!!!
Yes – I’m baaaaacccccckkkkkk. Spent the last three weeks in bed with Rocky – he’s awesome.

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Smirks December 16, 2014 at 2:11 pm

She is hailed nationwide

https://www.google.com/?gws_rd=ssl#q=nikki+haley&tbm=nws

Come again? (That’s what Haley said.)

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Rocky December 16, 2014 at 2:47 pm

I came once in your mouth, boyfriend! No more today.

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Rocky December 16, 2014 at 2:52 pm

Stop it Sandi. We all know it’s you.

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pogo2 December 16, 2014 at 2:54 pm

Who is Sandi?

Smirks December 16, 2014 at 4:32 pm

You.

pogo2 December 16, 2014 at 5:06 pm

LMAO you finally caught me. I bow to your superior intellect Smirks.
And just as a treat I also admit to making fake posts as Rocky and
upvoting my own posts to looking important. :-)

SCBlueWoman December 16, 2014 at 2:52 pm

It’s more like she’s helled nationwide.

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Rocky December 16, 2014 at 2:19 pm

This is a lie. I’ve never touched Sandi.
Smirks?

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American People December 16, 2014 at 2:24 pm

She isn’t hailed as shit nationwide. Nearly all of the nation has no idea who she is, much less what’s happening in that backwards welfare state.

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pogo2 December 16, 2014 at 3:02 pm

8. South Carolina

Richard Ellis/Getty Images

In recent months, South Carolina has begun booming its way out from the shadow of the Great Recession. Here’s how the Palmetto State is doing based on our metrics:

South Carolina had the largest drop in its unemployment rate among the states, going from 7.8% in June 2013 to only 5.3% in June 2014 — a drop that puts South Carolina’s rate under the national average.

Accordingly, South Carolina also had strong payroll jobs growth, adding 42,500 jobs between June 2013 and June 2014, a 2.2% increase.

South Carolina’s auto sales have also grown, with a 9.7% uptick in per-dealer sales from 2012 to 2013.

Read more: http://www.businessinsider.com/state-economic-growth-rankings-2014-8?op=1#ixzz3M5otUI60

Thanks for making my argument!!!!! Oh my!!!! Nikki for President!!!!

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SCBlueWoman December 16, 2014 at 3:33 pm

46: South Carolina

REUTERS/Jonathan Ernst

South Carolina’s largest private-sector industries are professional and business services, retail trade, and manufacturing. Here’s how South Carolina did on our variables:

South Carolina lost 4,600 nonfarm payroll jobs in July, the third-worst loss in the country.

Gross Domestic Product per capita was just $30,728, also the third-lowest.

The average annual wage was $39,800.

Read more: http://www.businessinsider.com/ranked-the-50-us-state-economies-2014-8?op=1#ixzz3M5ww1Zaf

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pogo2 December 16, 2014 at 2:53 pm

Nikki Haley is the savior of this state. A job creating machine that fights for truth and decency.

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Rocky December 16, 2014 at 2:53 pm

Hurray – Sandi is here. Hey baby – you were great last night.

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Mary December 16, 2014 at 3:25 pm

I thought Jesus was the savior of state?

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pogo2 December 16, 2014 at 3:29 pm

Haley walks on water.She saved our economy and the children from the Democrats running DSS.

Thank you Nikki.

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Smirks December 16, 2014 at 4:35 pm

Haley is Sandi’s Jesus.

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Ludwig Von Mises December 16, 2014 at 3:26 pm

And Canada has socialized medicine!

There’s the “free market” then there’s the FREE market!

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tomstickler December 16, 2014 at 3:44 pm

It is telling that this was co-published by the Cato Institute in the US.

The report hates the minimum wage, “Takings and Discriminatory Taxation”, Social Security, any sort of government aid to the poor, etc. and so forth.

Typical Libertarian econoporn.

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Smirks December 16, 2014 at 4:34 pm

Both are funded by the Koch Brothers. (Surprise!)

Reply
Manray9 December 16, 2014 at 4:49 pm

Economic freedom in SC is as strong as ever. Each and every South Carolinian is free to be poor, unemployed, uninsured, ignorant, backward and indebted. Any other situation is just socialism.

Reply

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