What North Dakota Knows that California Doesn’t
02/23/2012 Leave a comment
Brian Calle in the City Journal
The real boom is in traditional energy, not “green jobs.”
If California policymakers want to lift the state out of its economic malaise, they would do well to emulate . . . North Dakota. Once the least-visited state in America, the Peace Garden State is rapidly becoming the economic envy of the nation. Its 3.5 percent unemployment rate is the lowest of any state, according to the Bureau of Labor Statistics. North Dakota also boasts a state budget surplus of $1 billion. Compare these figures with California’s 11.7 percent unemployment rate—second highest in the country—and a likely $13 billion budget deficit in the coming fiscal year, and suddenly the Great Plains look like an attractive alternative to the Golden State.
You can read the rest of the article HERE. Brian concludes:
While Golden State legislators bow to special interests and dither in a dream world where “green jobs” save the day, North Dakota is reaping the economic benefits of traditional energy production. It’s time California did the same.