Meredith Whitney thinks power moving the the Midwest

  Alex Mousoulopolous
 
  Meridith Whitney looks like a nice piece of tail. She is a contributing cable writer and the author of  "Fate of the States". This book MS Whitney predicts the wealth of the attention will shift from the elite coastal cities to the Midwest farming region. It is the usual predictions of businesses fleeing high tax areas to set up shop in some hick river town with a highway exchange even though the obvious trend is businesses wanting to be in a global area. I am sad to say these small rural areas will never be global centers where young professionals will want to live and raise a family. They want to live in areas where they can raise wine glasses and expensive beer.

  I am sure Meredith longs for the days of returning to Midwestern values and this is the hope the put on the economy shifting bringing power back to people from traditional American norms. She blasts the generous pensions that have brought prosperity and public safety workers to certain states and prefers a country where workers have little retirement ability and corporations are able to operate and deny workers a livable pension. She compares Texas to California and says that people are flocking to Texas because of the high taxes. Instead business people are flocking to a state that will favor small business taking advantage of paying their immigrant workers less for their labor so they can profit more. The hope of the business class rests in red states that offer little benefit or protection for people without ability to buy red state politicians. She gleefully gives data about the bankruptcy of California towns ignoring the costs of a rising population that will untimely have to rise in Texas and other states she predicts growth and indeed we are seeing this in places like Houston and so forth. Her book has been rightfully blasted by the business press that realizes that coastal areas will always be the draw of the professional innovative class just from the number of universities they have invested in over the years. The number of these universities in states that Meredith thinks will rebound do not exist because they never had local state governments or people that invested in higher education unless it had a religious purpose. These states don't want to spend and collect taxes to invest and they will always draw a predominate population both domestically and internationally that does not value education as the coasts. he coasts are able to attract the people that realize strong higher education is more important than big cheap homes and low tax rates so you can have more motorcycles are fishing boats. This book blows but at least Meredith has a nice tail and is likely a trophy wife for some guy appearing on television and acting like an expert.