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It's so bad you have to pay people to move to Vermont

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Orca

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Vermont has chosen economic policy that is so unattractive to business and the younger demographic that wants to participate in a vibrant economy, that its government is now paying people to move there.

https://www.mentalfloss.com/article/610887/you-can-now-get-paid-7500-move-vermont

It's hardly worth saying that such interventions are not sustainable and not a long term solution.

Vermont's median age us up 10 years from 1990 when its median age was the same as the country. (The rest of the country is up 5 years from 1990.) Vermont has seen population decline of 0.3% from 2010. The working age population is in decline.

If each state functions a sort of laboratory experiment to demonstrate the results of government policy, Vermont is playing its role as a cautionary lesson to the other states.
 
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B

Bumpsis

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Orca said:
Vermont has chosen economic policy that is so unattractive to business and the younger demographic that wants to participate in a vibrant economy, that its government is now paying people to move there.

https://www.mentalfloss.com/article/610887/you-can-now-get-paid-7500-move-vermont

It's hardly worth saying that such interventions are not sustainable and not a long term solution.

Vermont's median age us up 10 years from 1990 when its median age was the same as the country. (The rest of the country is up 5 years from 1990.) Vermont has seen population decline of 0.3% from 2010. The working age population is in decline.

If each state functions a sort of laboratory experiment to demonstrate the results of government policy, Vermont is playing its role as a cautionary lesson to the other states.
Click to expand...

You're being a political troll. Go ski/ride.
 
spring_mountain_high

spring_mountain_high

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Orca said:
Vermont has chosen economic policy that is so unattractive to business and the younger demographic that wants to participate in a vibrant economy, that its government is now paying people to move there.

https://www.mentalfloss.com/article/610887/you-can-now-get-paid-7500-move-vermont

It's hardly worth saying that such interventions are not sustainable and not a long term solution.

Vermont's median age us up 10 years from 1990 when its median age was the same as the country. (The rest of the country is up 5 years from 1990.) Vermont has seen population decline of 0.3% from 2010. The working age population is in decline.

If each state functions a sort of laboratory experiment to demonstrate the results of government policy, Vermont is playing its role as a cautionary lesson to the other states.
Click to expand...

this is so dumb. what's the lesson? don't be a tiny, cold state in the middle of nowhere with no large city/cities and/or natural resources??
 
E

EPB

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spring_mountain_high said:
this is so dumb. what's the lesson? don't be a tiny, cold state in the middle of nowhere with no large city/cities and/or natural resources??
Click to expand...
Must be an election year. One thread is crapping on VT for being a failed lefty state and another is asking why ski areas bother expanding when there won't be any snow to ski on. Not good.

As a piece of free advice, you should disavow yourself of the idea that being resource rich is a key condition to be prosperous (besides, doesn't VT have the finest of windy peaks and ridges at its disposal?).

Think about it. Does anyone in the US envy the economies of Appalachia, North Dakota or West Texas? Does anyone think that Russia is more prosperous than Japan? Is anyone itching to move to oil rich Venezuela?

Texas and Saudi Arabia have both taken steps to diversify away from oil in recent years - the former trying to poach tech jobs from places like San Francisco - and the latter is attempting to IPO is national oil company and use the proceeds to modernize it's economy.

Sent from my VS988 using AlpineZone mobile app
 
BenedictGomez

BenedictGomez

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spring_mountain_high said:
this is so dumb. what's the lesson? don't be a tiny, cold state in the middle of nowhere with no large city/cities and/or natural resources??
Click to expand...

It's not dumb, it's economic reality.

The youth have been fleeing Vermont for years now due to high taxes, correlated high prices, lack of opportunity, and declining solid corporate jobs. My wife is a perfect example of precisely what this "policy" (if you can call it that) seeks to reverse. So is her brother. Both Vermonters who fled. This article speaks of a real phenomena.
 
spring_mountain_high

spring_mountain_high

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BenedictGomez said:
It's not dumb, it's economic reality.

The youth have been fleeing Vermont for years now due to high taxes, correlated high prices, lack of opportunity, and declining solid corporate jobs. My wife is a perfect example of precisely what this "policy" (if you can call it that) seeks to reverse. So is her brother. Both Vermonters who fled. This article speaks of a real phenomena.
Click to expand...

but it is. people are leaving the state due to the hard realities i described. you can slash environmental regulation and cut taxes as much as you want and it won't change the fact that vermont is cold, remote and lacking in cities and resources. gov't policies or lack thereof can not change that, no matter which party is in charge. but i guess it's easier to shake your fist and yell 'I BLAME DA GOVERMENT HERRDERRR'.
 
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raisingarizona

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Maple syrup sales must be down.

Don’t they just print them Bernie bucks up there for that free healthcare and college?
 
Scruffy

Scruffy

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Why do you keep saying Vermont lacks resources? What resources are you talking about. Vermont hasn't lost any resources and yet somehow people flocked there, to that cold and remote place, and made a successful state since 1790. There's abundant farm land and forest land. We'll need young farmers to supply food and other AG products. Vermont needs to stop taxing people to death and incentify youth to stay and build new economies.
 
E

EPB

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spring_mountain_high said:
but it is. people are leaving the state due to the hard realities i described. you can slash environmental regulation and cut taxes as much as you want and it won't change the fact that vermont is cold, remote and lacking in cities and resources. gov't policies or lack thereof can not change that, no matter which party is in charge. but i guess it's easier to shake your fist and yell 'I BLAME DA GOVERMENT HERRDERRR'.
Click to expand...

The only point you raise that is at all legitimate is that VT doesn't have proximity to a major city (Montreal doesn't really count because it's across the border). Everything else you mentioned is blatantly wrong. I've already spelled out as simply as possible why you don't know what you're talking about Re: resources.

Re: cold. Is Chicago or Minneapolis not cold? How about Toronto? I assume you have enough life experience to know this was a bad argument.

Let's assume you're a rational business operator for a minute. All else equal, you would rather run your business in a state that promotes business development over VT, which clearly doesn't. That's not up for debate. How far would it move the needle, however, is anyone's guess.

Is the all caps stuff a reference to something? It reads like you're trying to dismiss the fact that BG exposed your ignorance on this subject by pretending he's beneath you.

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mister moose

mister moose

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Scruffy said:
Why do you keep saying Vermont lacks resources? What resources are you talking about. Vermont hasn't lost any resources and yet somehow people flocked there, to that cold and remote place, and made a successful state since 1790. There's abundant farm land and forest land. We'll need young farmers to supply food and other AG products. Vermont needs to stop taxing people to death and incentify youth to stay and build new economies.
Click to expand...

Some past jobs are outdated. The mill town economy isn't coming back, not to any state. Small family farming that provides a ubiquitous product, like milk, eggs, and beef can't compete with larger corporate farms. Sustenance living where you grow your own food and live off the land, while still feasible, has lost it's luster. Vermont has always been a rural, less educated and less industrial state.

However, boutique farms, premium ice cream and turbine blades have found a home in VT. There are some opportunities.

Why did IBM build a chip fab plant in Essex Junction in the 60's, and expand it in the 80s, and become the largest employer in the state? What existed then that doesn't exist now?

Why does the state even listen to opposition of basing a squadron of F35s at BTV? What is the economic impact of that?

Answer those two questions, and you'll be on your way.
 
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Scruffy

Scruffy

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mister moose said:
Some past jobs are outdated. The mill town economy isn't coming back, not to any state. Small family farming that provides a ubiquitous product, like milk, eggs, and beef can't compete with larger corporate farms. Sustenance living where you grow your own food and live off the land, while still feasible, has lost it's luster. Vermont has always been a rural, less educated and less industrial state.

However, boutique farms, premium ice cream and turbine blades have found a home in VT. There are some opportunities.

Why did IBM build a chip fab plant in Essex Junction in the 60's, and expand it in the 80s, and become the largest employer in the state? What existed then that doesn't exist now?

Why does the state even listen to opposition of basing a squadron of F35s at BTV? What is the economic impact of that?

Answer those two questions, and you'll be on your way.
Click to expand...

Local farm goods are enjoying a renaissance as people realize that shipping food across country, while necessary sometimes, in general doesn't make sense. The farm to table movement and the desire to find new ways to farm and new uses for products are fueling a resurgence in local small farms. Parts of NY are seeing this, Vermont could to.

Why did IBM open a plant in Vermont? Tom Waston Jr. loved to ski Stowe. That not withstanding, high tech can be developed anywhere, so Vermont is as good as anyplace.

As to the F35 issue, I don't know enough about the issues to comment.
 
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cdskier

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