Skip to comments.Best state in America: North Dakota, for its economic recovery
Posted on 05/30/2014 8:41:04 PM PDT by MinorityRepublican
The Great Recession ended in 2009. But millions of Americans remain unemployed, make less than they did before the recession and are stuck in homes valued below pre-recession levels. While the worst seems behind us, the data show that we have a long way to go.
But in a handful of states, the unemployment rate has fallen well below its recession-era apex, home values are up and the median income has risen. And no state has recovered better than North Dakota.
There are plenty of ways to measure the nascent recovery. But lets examine three key indicators: the drop in a states unemployment rate between 2009, when the economy hit rock bottom, and this April; the difference in median income in 2009 and in 2012, the last year for which data is available; and the difference in median home prices before and after the recession, which I estimated by combining data from the Census Bureau and Trulia.com.
The numbers show that North Dakota is rebounding best. The states unemployment rate fell from an already low 4.1 percent to 2.6 percent, the lowest in the nation.
(Excerpt) Read more at washingtonpost.com ...
Virtually no unemployment, and six-figure salaries. If I could stand the winter...
“The Great Recession ended in 2009”
Bwahahahahaha. Says who?
However, they do have a winter that is similar to Siberia: l-o-n-g and COLD. SHE moved out here to California in the early 1970's and is still here. She STILL waxes poetic about Fargo. She USED to go "home" to Fargo for summers and Christmas. The summer visits stopped about 30 years ago and the Christmas visits stopped about 20 years ago.
Fargo is wonderful, ESPECIALLY from here in California. :o)
The recession never ended. We have been and are in a depression.
When an article starts with a lie such as this, I find no reason to continue reading.
Remember that “Great Recession” that we avoided by passing that trillion dollar stimulus package that no one knows exactly where the money went? Luckily for that, it was only a huge jump in unemployment.
North Dakota has the third smallest population right after Vermont and Wyoming, with the smallest.
If North Dakota is SO wonderful why is their population so small??
The small population is what makes it wonderful.
Plus fewer people begets less infrastructure, which turns people off so there are fewer people which begets less...Ad nauseam.
Which is good. Some people like room to breath. Lots of room.
And windy. I can't imagine 20 below with a 30 mph wind.
Were it not for the weather, I’d be out of CA in a NY minute, but prolly no to someplace really cold.
Ended.. the recession ended?.. When?..
Unemployment ranges from 10% to 20% depending on the area..
Some areas are even worse..
Looks like somebody got hiself inseminated with BULL SPERM and is pregnant with FALSEHOOD...
More like a depression.. the so-called Great Depression had a little more than 10%/15% unemployment..
Liberal democrats and republicans believe whatever they WANT to Believe..
Brings THIS to mind—>> https://www.youtube.com/watch?v=OjgE8Lw5YaQ
Is that right? The North Dakotans I know say that it's the PEOPLE that make it wonderful.
They are almost all white, middle class and Lutheran.
My N.D. acquaintance used to wax poetic about there being no prejudice. My Swedish friends said that too about Sweden...until those "dirty old Turks" moved in. NOW some, er, rather rude remarks about the Turks are heard. Gee, I wonder why.
Always easy to be "nice" when everyone around you is the same as you. Put some "others" in the mix then ALL OF A SUDDEN, things aren't so rosy.
Hard not to rub it in...after all their years of criticizing California for its "fruits and nuts"==I always added "with flakes in between."
My kingdom to remember how to put up a SCROLL.
It’s the wind that bothers me about that part of the country, but I do like to go there every time I get a chance.
Two reasons for ND’s economic health, one obvious and the other less than obvious: energy and that state bank.
Correct!! Now they need to keep the liberal trash out of the state. If they get a foot hold the state will be ruined.
ND has plenty of liberals already who have controlled the U.S. Senate seats for most of the last half century.
Of course North Dakota is prosperous. There are little if any signs of liberals in that state.
Well, since MOST of the country AND parts of California (Sierras) do get some cold weather, I guess you will stay right where you are.
Lol. You make me laugh. You are here in CA and wish you weren't. I guess that is possibly WHY the other 28 million + the 10 million natives (like me) Californians are here too.
Growing up there were only 10 million here. Now all you FERRINERS are here because it's just too cold where you are from. I guess it's not paradise there after all.
You COULD go to Hawaii--even BETTER weather there!!
Too many BUGS there for me! Otherwise is IS paradise.
From what I’ve read, the Lutherans are bringing Somalis into North Dakota.
The Washbag Post is even more worthless than Pravda was during the height of the old Soviet Union.
The only thing that ended in 2009 was that the stock market hit bottom.
There's an old joke that the Bismark city motto is "We live here because we like it", but nobody really believes it.
You got that right. Mrs. Afterguard and I are both from Fargo (well, actually across the river in Moorhead) and we go back there every few years since we both still have extended family there. But we’ve lived in warmer climes for over 40 years and wouldn’t dream of going back to stay, only because of the winters. It was however,a perfect place to grow up.
It was SO perfect that your children won't have that same perfect place to grow up. I get it.
Well, if North Dakota was SO perfect IT would have 38 million people and NOT California. If it were THAT perfect MORE people would suffer the winters for that "perfection."
My, you seem a bit grumpy today. And a bit irrelevant.
My, you seem a bit thin-skinned today.
And you seem to be picking some "nits" today.
California was the perfect place, the Golden State, the climate, the opportunity, the prosperity. It was therefore targeted by leftists to the point that a state once governed by Ronald Reagan has become a regulatory and tax nightmare, with far more productive citizens fleeing than relocating there. It’s also being conquered in slow motion by it’s neighbor to the south.
North Dakota is a wholesome, largely agricultural and still largely rural state with a harsh climate. It never has had a large population. It’s booming now due to fairly recent development of natural resources. Their unemployment is practically nonexistent, average pay is quite high and they’re doing very well.
That is the reason for the ranking. California, for all it’s charms, the natural beauty and the climate, is in serious decline. You seem to be something of a California fan. Maybe you can work to begin turning this around, rather than disparaging a state that was fairly poor and depopulating up until recent years? That would be a positive.
just did some research on that. Our Govt and too many church organizations can’t wait to destroy this Country.
Very sad reading. And to those that think they can “move” and escape this disease. well...good luck.
Funny you mention that. Mexico used to call the USA the "giant of the north." When I visited Central America a few years ago, THEY called MEXICO the "giant of the north."
Mexico is prosperous because WE employ Mexicans to do our labor. THEY don't demand $20/hour for cleaning toilets or picking strawberries. AMERICAN workers seem to think that they deserve wages FAR outstripping their meager qualifications.
We reap what we sow.
North Dakota is a wholesome, largely agricultural and still largely rural state with a harsh climate. It never has had a large population. Its booming now due to fairly recent development of natural resources. Their unemployment is practically nonexistent, average pay is quite high and theyre doing very well.
Yes, all you say is true. What they pay for HEATING in the winter amounts to what those in Arizona and other hot climates pay for COOLING in the summer.
California, for all its problems, has 38 million people. North Dakota, for all its wonderfulness has a meager 699,628 as of 2012. San Francisco has more people that the ENTIRE state of North Dakota. WHY aren't people flocking there, willing to put up with a sucky winter for the chance to have their children grow up in a PERFECT place?
That is the reason for the ranking. California, for all its charms, the natural beauty and the climate, is in serious decline. You seem to be something of a California fan. Maybe you can work to begin turning this around, rather than disparaging a state that was fairly poor and depopulating up until recent years? That would be a positive.
All I said that was that North Dakota is TOO cold in the winter for most folks. Does the truth hurt?
You sound SO like my North Dakota friends who FLED that lovely state for nasty ole California. They sound like YOU waxing poetic about their lovely state--so lovely but not to actually LIVE there.
Their mother is still in North Dakota. She's in her 90's and can't live alone anymore. She's in a home for the aged.
She sold her home and lake home but didn't get much for either of them. Who can't figure that one out?
She still needs $$help$$ from her children to stay in her "home" there in Fargo. They send her money.
She USED to come out here for a visit because her wunnerful children DON'T return to their LOVELY state for summers or Christmas any more.
Now, it's too hard for her to travel. Do they now VISIT her in Fargo? No, but they do come up with the most IMAGINATIVE excuses...all culled from the Land of 10,001 excuses.
My Fargo friend once told me this story. She was coming home from classes where she went to college. She had only a block and a half left to walk. She was wearing a woolen scarf around her head and ears.
All of a sudden a gust of wind blew the scarf off of her LEFT ear. She had to think:
a. Stop. Put down my books and adjust my scarf to cover my ear.
b. Just keep going so I can get HOME that much sooner into the warm.
She chose "b" and to this day still has a hearing problem in THAT ear from the cold.
She moved out here to California as soon as she could get a job out here. She hasn't moved back there and now she has stopped her summer and Christmas visits there.
YET, she continues to extol the wonderfulness of Fargo...from the comfort of California.
I always thought that if people REALLY hated all that cold but wanted to stay living in wonderful North Dakota they COULD have worked their fingers to the bone and bought a "winter" home in Florida or the southwest USA.
Many folks from The Frigid Places do that. THEY are the smart ones who have the best of both worlds by working a little more to get what they really wanted.
I'm fine here in expensive, crowded California. I simply make sure that I don't get into the traffic in either the morning or late afternoon CRUSH of cars.
I explained the situation clearly and succinctly, and yet you launched into another attack. I’m not from North Dakota, in fact it’s one of the few states to which I’ve never been. I say, good for them, to be having economic boom times, and to have an influx of hardworking new residents.
You’re so defensive, I suspect there’s something more to this for you personally than you’re letting on. It’s verging upon weird, whatever the reason may be.