The bottom line is while we really don’t stink particularly bad at any one thing, factors combine to push MA into the lower 20% of all states.
BMG readers continually defend Massachusettsâs tax-burden ranking (13th?), but the bottom line is our poor showing on the job creation front. I think this study does a good job at highlighting where the Commonwealth falls short, at least compared to other states. The northeast is generally a job-creation wasteland with New Hampshire the sole exception (maybe Maine, too.) Hereâs a quote:
âCalifornia, Connecticut, Illinois, Massachusetts, New York, Ohio, Pennsylvania, and Wisconsin all elect governors this year. And all languish near the bottom in terms of economic freedom. They have all also struggled with significant budget deficits. Candidates from California and Ohio highlight the stark differences on taxation.â
Overall, Massachusetts ranks 41st in economic freedom (see Table 3.) The only good news is that we were 47th in the 1999 study.
I sure our gubernatorial candidates are all “for” more jobs. But what specifics do they cite which follow some of the lessons learned in the PRI study?