US Economic Center Shifted South

[katya422]

And there is no reason to believe it will head back to the north any time soon.

To wit, Florida, Texas, Georgia, the Carolinas and Tennessee are now contributing more to the national GDP than the Northeast - which bled out about $60 billion during the same period, according to Bloomberg, citing government figures going back to thew 1990s.

"The switch happened during the pandemic and shows no signs of reverting," write Bloomberg's Michael Sasso and Alexandre Tanzi.

Since early 2020, the Southeast has accounted for more than 2/3 of all job growth in the US, nearly doubling its pre-pandemic share, and making it home to 10 of the 15 fastest-growing large cities in America.

JPMorgan Chase CEO Jamie Dimon says the company now has more employees in Texas than New York state, telling Bloomberg TV "it shouldn't have been that way."

The move has big political impacts as well.

For now, more people translate into more congressional seats and more political power on the national scene. Over the past five decades, 12 states in the Southeast including Texas collectively added 33 more congressional seats, roughly the same number that the Northeast and Midwest each lost over the same period.

And Southerners now chair 11 of the 21 most important committees in the US House, according to an analysis by Bloomberg Government.

At the 2022 midterm elections, Republican governors handily defeated nationally known Democratic opponents in Florida, Georgia and Texas, a blow to Democrats hoping that a more diverse mix of people moving south would turn the region purple, if not blue. That may still happen over the long term because shifting politics in states as big as Florida and Texas can take 10 or 20 years, said James Gimpel, government professor at the University of Maryland. -Bloomberg

https://www.zerohedge.com/economics/...ed-southern-us

[MarioMiami305]

ur a dumb old hag who doesnt know wnaything

i remember u were a paniccel over covid, didn;'t have a fckin clue about anything.

your a total sheep.

[Redfish225]

ur a dumb old hag who doesnt know wnaything

i remember u were a paniccel over covid, didn;'t have a fckin clue about anything.

your a total sheep.

Aren’t you the edgelord lately.

[Procta]

Its time.....


to rise again

[OliverHeldens]

The south was a good place for expansion. Cheap land, easy to build.

But eventually people will wonder why they are paying $600k for a house so they can sit in traffic for 6 hours per day.

To be honest, I think the Midwest is actually prime for growth right now.

[BalognaNbeans]

The south will rise again!

[RICHSTRONG]

You're wrong Katya..something is shifting North in my pants.

[eddiehaskell]

south = best location in north america

best food and accents too

[Tuksonrider]

Looks like a lot of Californias (and their ideology) leaving to AZ, TX, and FL.

Easy to do when you sell a 900sqft shack in Cali for a half a million and buy cheap outright mansion pretty much anywhere else in the south.

[katya422]

ur a dumb old hag who doesnt know wnaything

i remember u were a paniccel over covid, didn;'t have a fckin clue about anything.

your a total sheep.

The south was a good place for expansion. Cheap land, easy to build.

But eventually people will wonder why they are paying $600k for a house so they can sit in traffic for 6 hours per day.

To be honest, I think the Midwest is actually prime for growth right now.

Could be. The optimum condition for them would be a lack of state/city debt burden + reasonable taxes/regulation + good quality vacant housing and manufacturing facilities.

If/when we see more manufacturing moved back on shore such places should be well positioned.

[eddiehaskell]

not sure i could live in the midwest...like to be in driving range of the beach and mountains

[FAPhaggot]

The south was a good place for expansion. Cheap land, easy to build.

But eventually people will wonder why they are paying $600k for a house so they can sit in traffic for 6 hours per day.

To be honest, I think the Midwest is actually prime for growth right now.

I think the Great Lakes are the beachfront property of the 22nd century.

Everything west of the 100th parallel (roughly San Antonio) is going to dry the fuk out. The Indians passed all that land over for 5000 years, and the Spanish passed it over for 200 years, because the Plains, the Southwest, and southern California are all unsurvivably dry by natural climate. They can't even natively grow phucking trees.

Cities there are all reliant on water pumped from underground, or water dammed up from mountain snow runoff and pumped overland, and both of those recharge rates are decreasing.

When the water runs out, or gets capped out, you'll have migrants moving out of "no winter land" back to where fresh water is cheap and plentiful.

[eddiehaskell]

I think the Great Lakes are the beachfront property of the 22nd century.

Everything west of the 100th parallel (roughly San Antonio) is going to dry the fuk out. The Indians passed all that land over for 5000 years, and the Spanish passed it over for 200 years, because the Plains, the Southwest, and southern California are all unsurvivably dry by natural climate. They can't even natively grow phucking trees.

Cities there are all reliant on water pumped from underground or water dammed up from mountain snow runoff and pumped overland, and both of those recharge rates are decreasing.

When the water runs out, or gets capped out, you'll have migrants moving out of "no winter land" back to where fresh water is cheap and plentiful.

great lakes is far too cold for sane people to choose living there

[FAPhaggot]

great lakes is far too cold for sane people to choose living there

They aren't going to have a choice. We all need to drink.

[BalognaNbeans]

great lakes is far too cold for sane people to choose living there

Also phuck off we're full

[OliverHeldens]

great lakes is far too cold for sane people to choose living there

I dunno, I think most of the weather in Texas sucks as well. But people moved there because it was cheap and quality of life was decent compared to other places.

But I’m not sure how many people want to live in an expensive Texas. It’s certainly not on my list.

[bfdehewdbyywhn]

ur a dumb old hag who doesnt know wnaything

i remember u were a paniccel over covid, didn;'t have a fckin clue about anything.

your a total sheep.

lol

[OliverHeldens]

People also were saying Charlotte was becoming the new financial capital of the US in like 2005-2008, but that obviously never came to fruition.

The thing is, you just can’t get the same vibe in these new southern cities like you have in the old northern cities. Once you get over the fact that cost of living is good and everything is new and clean, it’s kind of a boring mundane existence.

[eddiehaskell]

They aren't going to have a choice. We all need to drink.

i think there was only one time in my life in the south where i heard about anything about a water shortage and they said something about not watering grass during certain hours.

[eightduece]

In b4 the north accuses them of rebellion and mobilizes to stop them

[eddiehaskell]

People also were saying Charlotte was becoming the new financial capital of the US in like 2005-2008, but that obviously never came to fruition.

The thing is, you just can’t get the same vibe in these new southern cities like you have in the old northern cities. Once you get over the fact that cost of living is good and everything is new and clean, it’s kind of a boring mundane existence.

Charlotte is the 4th fastest growing metro in the country with Raleigh being #1

[FAPhaggot]

i think there was only one time in my life in the south where i heard about anything about a water shortage and they said something about not watering grass during certain hours.

The Southeast up to Houston is good. The Southwest is boned.

Tree coverage in the USA, 1884. This is basically a water map of the nation before massive water diversion programs started.

Everything east of the Mississippi has abundant water, the Pacific coast from Seattle down to Monterray has adequate water, and everything in between is Mongolia.

[eddiehaskell]

thank gawd my ancestors located to the south and not some shyt hole up north

[FAPhaggot]

Where you would live if you were me and hate cold weather and spring allergies?

A health resort in California, if you can afford it. Just like rich people in the 19th century did.

[FinBra]

Erryone trying to flee clown world

[naich]

i think there was only one time in my life in the south where i heard about anything about a water shortage and they said something about not watering grass during certain hours.

Florida has a shallow water table that is susceptible to salt water intrusion along the coasts. Most people live along the coast, so as we draw more and more from the aquifer in coastal regions it will increase the intrusion until water then has to be brought in from inland areas. But that may take 100 years. See Pinellas County, where there is water ordinance for timing of irrigation. But the entire south east acts as a flood plain draining from the southern mountains, so loads of water overall.

[coast2coastam]

I dunno, I think most of the weather in Texas sucks as well. But people moved there because it was cheap and quality of life was decent compared to other places.

But I’m not sure how many people want to live in an expensive Texas. It’s certainly not on my list.

I'm by San Antonio and love the weather. It's in the 70s and 80s most of the year, and it's in the 90s and low 100s in summer, which is fine. It's also sunny almost every day, and since there are so many live oak trees everywhere, it's green year round, at least in the area I'm in.

I've lived in midwest for most of my life and idk if I could have done even one more year. Brb it's cold almost year round, even the few months it's summer the night time lows are chilly. October through May everything is a frozen cloudy brown hellscape.

[katya422]

I dunno, I think most of the weather in Texas sucks as well. But people moved there because it was cheap and quality of life was decent compared to other places.

But I’m not sure how many people want to live in an expensive Texas. It’s certainly not on my list.

It has become quite a bit more expensive, at least in the triangle.

People also were saying Charlotte was becoming the new financial capital of the US in like 2005-2008, but that obviously never came to fruition.

The thing is, you just can’t get the same vibe in these new southern cities like you have in the old northern cities. Once you get over the fact that cost of living is good and everything is new and clean, it’s kind of a boring mundane existence.

Charlotte is the 4th fastest growing metro in the country with Raleigh being #1

I had considered Charlotte because of their airport...lots of flights. And I like the looks of Raleigh too.

Charlotte gets bagged on the most for having no culture, kind of like Dallas. I'm not sure that too many people prioritize that though given how much more everyone just stays home. Charlotte median home price was higher than DFW last time I checked, though I believe that they don't have such punishing property tax.

Where you would live if you were me and hate cold weather and spring allergies?

If you want to avoid allergies then someplace dry. Mountain desert maybe would keep you out of the worst summer heat, though then you would have some cold to deal with. So cook, freeze, or sneeze?

The Southeast up to Houston is good. The Southwest is boned.

Tree coverage in the USA, 1884. This is basically a water map of the nation before massive water diversion programs started.

Everything east of the Mississippi has abundant water, the Pacific coast from Seattle down to Monterray has adequate water, and everything in between is Mongolia.

Yes. I've also found sources saying that population will revert to pre-industrial areas if/when resources are depleted.

[coast2coastam]

Where you would live if you were me and hate cold weather and spring allergies?

Albuquerque or Tucson. Tucson has its own water I'm pretty sure, unlike most western cities, if you're worried about what FA******* is writing.

[SuperHercules]

ur a dumb old hag who doesnt know wnaything

i remember u were a paniccel over covid, didn;'t have a fckin clue about anything.

your a total sheep.

East coast accent and then this rage

You'll sink this gimmick account if you keep slipping