Report lists Mississippi near bottom in “Economic Freedom” due to government overspending.


The annual report on world Economic Freedom measures a state government’s spending, tax levels and labor market mobility.

Author Dean Stansel from Florida Gulf Coast University says Mississippi ranks next to last due largely to high levels of government spending.

Stansel says Mississippi also fares poorly in the other two measures.

“In both of those two categories, taxes and labor market freedom, Mississippi ranked not at the bottom but in the bottom ten and that is nothing to write home about,” Stansel said.

Mississippi also finished tied or behind five Mexican states and all but one Canadian province.

But Corey Wiggins with the Mississippi Economic Policy Center says the report is too narrowly focused on how much the state is spending rather than what it is spending it on.

Read More

Advertisements

Leave a comment

Filed under Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s