Hicks: Sorting politics, policy divergence and state economics

Politics and GovernmentPolitics and Government

Mon, December 9, 2024

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[ Mon, Dec 09th 2024 ] - MSN

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Hicks: Sorting politics, policy divergence and state economics

^{Published on 2024-12-09 10:00:40 - MSN}

Economists have been saying this for three decades. The prognosis is simply that poor states like Indiana are going to get poorer while rich states will grow richer.

The article by Hicks, titled "Sorting Politics, Policy Divergence, and State Economics," discusses the increasing political polarization in the United States and its impact on state-level economic policies. It examines how states are diverging in their policy approaches due to differing political ideologies, leading to varied economic outcomes. The piece highlights that red states (conservative) and blue states (liberal) are adopting policies that reflect their political leanings, with red states often focusing on lower taxes and less regulation, while blue states might prioritize social welfare programs and environmental regulations. This divergence has resulted in economic sorting where individuals and businesses move to states that align with their political and economic preferences, potentially exacerbating regional economic disparities. The article also touches on the implications of these trends for national economic cohesion and the challenges it poses for federal policy-making.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/hicks-sorting-politics-policy-divergence-and-state-economics/ar-AA1vwvzt ]

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