Rantings and tirades of a frustrated economist.
Most of the states with >4% unemployment rates harbor Illegal Aliens ? (http://www.ojjpac.org/sanctuary.asp). i.e. no questions asked when someone shows up for their welfare checks ?:D
I was thinking housing crash.
And you were thinking wrong. The Carolinas -- about the only place in the country where housing values are still going up -- are terrible in that chart. Virginia and New Hampshire, which are getting pounded, are doing OK. Maine and Missouri aren't particularly getting pounded worse than say Colorado or Florida.
Yeah! I live in Utah which doesn't have a housing crash or high unemployment! I'll be all right!
Anonymous might have a good point, but the housing crash isn't a state-by-state phenomenon. Northern Virginia might be getting pounded, but in my neck of the woods the prices are still going up in a very Carolina-like fashion. A more detailed (maybe by county) comparison might be illuminating.The major trend I see is that unemployment is highest along the West Coast and the Mississippi River - suggesting that the disappearance of steamboats may be a factor.
"The major trend I see is that unemployment is highest along the West Coast and the Mississippi River - suggesting that the disappearance of steamboats may be a factor."This comment is made of win. It reminds me of a chart showing an inverse correlation between global temperatures and the number of pirates.
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