Forbes and CNBC have both compiled lists of “business-friendly states” and these look similar, with North Carolina at #1 and red and purple states dominating the top 10 of both lists.
The problem? Being “business-friendly” on one of these lists has no correlation with real GDP per capita. By that metric, the 5 most economically productive states are DC, NY, Massachusetts, Washington, and California — the bluest of the blue.
“Business-friendly” policy isn’t even good for making money.
Hypolite Petovan
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