Glen L.

What Went Wrong with California, New York, and New Jersey?

a palmer jr: How much illegal immigration would there be if those states did not have the most generous (and wasteful) welfare systems in the country? Once again, the real culprit is government. Furthermore, the voters of those states keep electing politicians who coddle illegal immigrants. So much for democracy as the answer to our problems.

What Went Wrong with California, New York, and New Jersey?

VennDetta: "China has state-controlled "everything" and 40% tax rates, their growth rates are great."

Not true, there is far more economic freedom in China now than in the U.S. The Communists finally gave up after creating one of the poorest societies in the world over a period of 5 decades. It's far easier to start a business in Beijing than in New York or Los Angeles.

john s. gordon: Delaware also has drawn in thousands of corporations that DO have operations in the state due to low corporate taxes and other benefits. Furthermore, many other states have draconian penalties for businesses that get caught setting up corporate shells in Delaware.

It's incredible to me that anyone would still argue the point. Government is everywhere and always a parasite on the economy. Governments make nothing but trouble and are the only real impediment to worldwide prosperity. Many in the U.S. continue to believe that government is necessary to protect our freedoms, but what they do is the exact opposite: destruction of freedom, economic and otherwise.