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North Dakota--Employment-rich and happiest place on earth
#1
http://economix.blogs.nytimes.com/2011/0...-the-rise/

fuck yeah. S6

seriously though.... I think one of the reasons why ND is doing well economically is due to the fact that ND has a state banking system that was set up to keep economic activity in the state. It protected jobs and farmers during downturns.

so as an result there was less people losing their jobs as an result. and even more people are actually moving in due to being hired here when none of the other states were hiring that many people.

We also tend to exercise our common sense when it comes to following popular Economic trends, etc.

also, we have some pretty scenery in the countryside that's perfect for fishing, hiking and such. blue skies that go on forever, oceans of golden wheat, sunflowers, etc. S1

personally, I love living here in Bismarck... it's got all of the city living aspects that I love but without all the pollution, the extremely overcrowded streets, and of course the rude people.

of course, the downside is the fact that we have such extreme winters here. if we could remove all the snow altogether, then this place would be paradise. instead, people joke about the snow and how nobody wants to live there.
Quote: “A society that puts equality… ahead of freedom will end up with neither equality or freedom…a society that puts freedom first will, as a happy by-product, end up with both greater freedom and greater equality.” --Milton Friedman
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#2
Living in Montana, I make fun of ND a bit, but definitely is a solid place in America for jobs, nice living without a massive underclass draining the system. They have to bring in people from out of state unions to fill the jobs. S2 Not to mention they are the opposite of a leftist state and the economy reflects that.

Be thankful the snow keeps ND from being like every other failing place in America, AM.
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#3
well, there is that. S6

I have to admit, living here does toughen you up a little bit when you've faced the winters for more than one year. every time I hear somebody complain about two feet of snow or whatever, and how school had to be closed I just think: "ha, you guys are pussies for complaining over something that small."

Hell, I've walked miles in 5 feet of snow before, wearing the proper gear for it without anything serious happening. *shrugs*
Quote: “A society that puts equality… ahead of freedom will end up with neither equality or freedom…a society that puts freedom first will, as a happy by-product, end up with both greater freedom and greater equality.” --Milton Friedman
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#4
You need to look at the industries that are there. Two biggest industries are oil&coal and agribusiness. That is why you have alot of jobs there. All the other stuff is ancillary. the population is also relatively small at about 600k people. With such a small population and alot of natural resources ( oil, coal, shale, farm land) unemployment would be low.
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#5
(08-24-2011, 03:00 PM)Gunnen4u Wrote: Living in Montana, I make fun of ND a bit, but definitely is a solid place in America for jobs, nice living without a massive underclass draining the system. They have to bring in people from out of state unions to fill the jobs. S2 Not to mention they are the opposite of a leftist state and the economy reflects that.

Be thankful the snow keeps ND from being like every other failing place in America, AM.

having state owned banking system isn't leftist ? They also accept a boatload of federal "subsidy" money for their agriculture.
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#6
Lou,

The way we deal with banks, the state may as well own them. They can fail and we end up having to bail them out because banking is too important in our modern "funny money" system.

BTW, are the ND banks owned by the state or just chartered by ND?
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#7
not sure if this is correct, but I'm pretty sure that the majority of banks here are owned by North Dakota. there are a few banks that belongs to a company chain, like America Bank, though.. those banks don't belong to the state at all.
Quote: “A society that puts equality… ahead of freedom will end up with neither equality or freedom…a society that puts freedom first will, as a happy by-product, end up with both greater freedom and greater equality.” --Milton Friedman
relax. it's only the internet!
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#8
(08-24-2011, 06:16 PM)Palladin Wrote: Lou,

The way we deal with banks, the state may as well own them. They can fail and we end up having to bail them out because banking is too important in our modern "funny money" system.

BTW, are the ND banks owned by the state or just chartered by ND?

I'm just pointing out that it isn't some right wing libertarian fantasy land where jobs are plenty and money grows on trees. There are some down to earth reasons why they are in better shape than most.
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#9
I note that La La land (CA) is high in "well being". Is that due to the fact that so many of them are high frequently?
Jefferson: I place economy among the first and important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our choice between economy and liberty, or profusion and servitude. If we can prevent the government from wasting the labors of the people under the pretense of caring for them, they will be happy.
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#10
(08-25-2011, 04:59 PM)jt Wrote: I note that La La land (CA) is high in "well being". Is that due to the fact that so many of them are high frequently?

Good weather.
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#11
(08-26-2011, 09:10 AM)WickedLou9 Wrote:
(08-25-2011, 04:59 PM)jt Wrote: I note that La La land (CA) is high in "well being". Is that due to the fact that so many of them are high frequently?

Good weather.

Any weather which does not kill you, or make your life miserable, is good weather. East Tennessee, and Cook Inlet, are my two favorite areas for great weather, and G-d's country.
___________________________________________________________________________________________________
"Falsehood flies, and truth comes limping after it" - Jonathan Swift, 1710
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#12
As beholden as we are to banks, I think it may be better to nationalize the banking system.

the role of private banks seems to me to be so corrupt as to make this a rational thought coming from a libertarian. They've simply bought off our state, the larger ones.
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#13
(08-26-2011, 03:40 PM)Palladin Wrote: As beholden as we are to banks, I think it may be better to nationalize the banking system.

the role of private banks seems to me to be so corrupt as to make this a rational thought coming from a libertarian. They've simply bought off our state, the larger ones.

You misunderestimate the damage that a PC federally operated bank can do. Have you not been paying attention to Fannie and Freddie?

Jefferson: I place economy among the first and important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our choice between economy and liberty, or profusion and servitude. If we can prevent the government from wasting the labors of the people under the pretense of caring for them, they will be happy.
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#14
Especially with diversity programs making it a further disaster. Shaniqua will be looking at my finances?
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