OT: Interesting graphic on the economy

Dawgg

Heisman
Sep 9, 2012
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Interesting. Can you elaborate on what you mean by the increased cost of having someone live in say Mississippi? Curious about what the costs are.
I don’t know all the reasons. I think it has to do with income and unemployment taxes and whether the company already has an entity located in that state. I know when my company has denied people relocating to another state for remote work, those are some of the reasons given. It’s not specific to Mississippi. We’ve had people denied relocation to other states too. I think when you’re the first/only one in the state, it becomes more trouble than it’s worth.
 

TaleofTwoDogs

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Jun 1, 2004
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There's lies, damn lies, and statistics. Mississippi is on the bottom because that's where the "experts" believe it belongs, it's just a land mass between LA and AL. The state is running a budget surplus this year and last. College grads have been leaving the state since the 70s nothing new there. Those grads return to Mississippi and bring their home equity money with them as BoDawg says which helps the local economy.
 
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Dawgg

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What now? Altoona where?...like Altoona Iowa where there actually is a Meta data center? Is that really well known?

Holyshit, I didnt realize their Altoona campus was well known, or featured on commercials that apparently air nationally.
Yeah- Altoona is a safe place to live and all, but its hardly appealing in almost any other way. And the number of jobs there are very few. I know 2 people that work there- it is exactly what every datacenter should be- a very limited crew and high automation.

Mindblow that someone happens to know Meta has an Altoona datacenter.
I see this sнit every day.

 

mstateglfr

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Feb 24, 2008
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I see this sнit every day.
Interesting. Had no idea of that ad.
Funny to see it since Altoona is an edge suburb, but objectively intertwined in the metro and not at all 'small town' like that commercial portrays.
 
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johnson86-1

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Aug 22, 2012
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There's lies, damn lies, and statistics. Mississippi is on the bottom because that's where the "experts" believe it belongs, it's just a land mass between LA and AL. The state is running a budget surplus this year and last. College grads have been leaving the state since the 70s nothing new there. Those grads return to Mississippi and bring their home equity money with them as BoDawg says which helps the local economy.
I'd hope Moody's is focused on reasonable metrics, but this is true for probably 99% of rankings out there. My favorite is the ranking (can't remember by whom but it showed up in the NYT) that had abortion on demand as the highest weighted factor in determining a score for ranking on best states to raise a family. "Yea, maybe good schools, safety, or affordability is somewhat important, but what you really got to worry about for your kids is whether you have the option to kill them before they're born."** But tons of the lists are like that and highly weight whatever political pet peeve they have, whether it be abortion, progressive income tax, "climate change" policies or whatever.
 

Leeshouldveflanked

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Farming is hurting badly in MS, tariffs are limiting sales, high equipment prices, high chemical and seed prices, low wages for workers. The tariffs are hurting multiple industries from higher prices to layoffs.

Others w/ some degree of pain are MS oil companies from low pump prices, small towns hurting because of brain drain and graduates leaving, PACCAR Engine Plant in Columbus layed off workers in July and gave them a 12 month call back time after that they need to find something else to do, federal workers given furloughs or jobs eliminated.
Sweet Potato Farmers seem to be doing alright. Maybe grow some crops besides soybeans and corn.
 
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Leeshouldveflanked

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The main issue in this state continues to be brain drain.

The legislature needs to consider a plan to entice our college graduates in all fields (not just education and nursing) to stay in the state, since there are no attractive city options.
We need more electrician, plumbers and HVAC techs than about 50% of college majors.
 
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Leeshouldveflanked

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Mississippi State Men's Basketball
Pointing Up Morgan Freeman GIF by MOODMAN
 
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greenbean.sixpack

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Years ago, I was denied the opportunity to move to MS with a job that required a lot of air travel because of the cost of flying out of JAN. I know plenty of people who do it, and I've never heard of anyone else having that experience.
Should have move to the coast, flights out of NOLA are much cheaper (or at least used to be)
 

paindonthurt

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Noteworthy, but these metrics, CA and NY, responsible for 22% of our national GDP are "treading water". For those who have a penchant for arguing such things, I'm not sure if they rounded to the 20th or 100th decimal place.*** I am sure they applied the same metrics to all states so the comparative nature holds water. Also, there is a source note if you want to read the Moody's original.

View attachment 1078839
👆 a real conservative!!

John Candy Reaction GIF
 

MagnoliaHunter

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Correct me if I'm wrong (I know you will) but 60 is still > 0. And the $6B investment by VAIAO (sp?) is still > $0.
From things that I have read that may or may not be true, the 60 jobs and money may not be enough to offset the water and power issues that it will cause. Also it will supposedly add another 30-40 jobs when its up and operating but still have the same concerns.
 
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mstateglfr

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@MagnoliaHunter - what are you sad faced about? The comment I responded to is not based on any actual data, its just feels and vibes. Go be sad about that. Go be sad that such a claim wont fix what the the claim was in response to.
 
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RocketDawg

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Reading this thread, I see several mentions of "brain drain". But I also get the feeling that most posters live in Mississippi, and most specifically live in the Jackson area.

Maybe that should be a poll of where graduates (and board members in general) live now.
 

GloryDawg

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Mar 3, 2005
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Baahh! No job is hard unless you have to do it!
I have a really good job, easy, no pressure, no labor, I make six figures. I get 20 hours of PTO each month. I can save and cumulate. They take really good care of their employees. It's a 20-billion-dollar company with an Open-door policy. If the door is open, no matter who, you can walk up, knock and go in and visit. Even the CEO. Benefits after benefits. I also have a define benefit plan and a define contribution plan. I am one lucky SOB. But I have to do the job. :)
 
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TaleofTwoDogs

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Not sure who you've been talking to.........

"Louisiana sweet potato growers celebrate a near-record harvest"
story by Raney Rapp

Citing the fact that Louisiana had a better crop than Mississippi is a disingenuous fact. Why did she not take the time to research the percentage of Louisiana growers that have access to irrigation. Why do Mississippi farmers have only 15% irrigation? Is the weather in the northern part of these two states that dramatically different? She missed a good oportunity to paint the whole picture. But an iconic name for this journalist.
 
Nov 16, 2005
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Citing the fact that Louisiana had a better crop than Mississippi is a disingenuous fact. Why did she not take the time to research the percentage of Louisiana growers that have access to irrigation. Why do Mississippi farmers have only 15% irrigation? Is the weather in the northern part of these two states that dramatically different? She missed a good oportunity to paint the whole picture. But an iconic name for this journalist.

As far as weather goes Mississippi especially the northern part had a rough year. We started off extremely wet during planting season and then after mid June it stopped raining and got hot. This was our worst soybean crop since 2000 and it was not the year to have a bad crop on top of subpar prices. There’s going to be a lot of equipment auctions this winter around here I’m afraid.

The sweet potato guys in north central MS got hammered by it too and they use very little irrigation. In that area it’s very hard and very expensive to have access to irrigation. You’d have to drill hundreds and hundreds of feet to get to viable ground water at high volume.

The farm economy sucks right now and I don’t see it getting better.
 
Nov 16, 2005
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This is a fantastic video by MSU extension that highlights what a lot of us are going through. I know many of these guys in this video personally for a long time.

 
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BoDawg.sixpack

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The CPI just came in at 2.7% for November. That was less than analysts target. Real estate prices are cooling and gas prices are cratering. Currently the national average for a gallon of 87 octane is $2.90. That's actually pretty incredible compared to how high everything else is gone.
 

MagnoliaHunter

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@MagnoliaHunter - what are you sad faced about? The comment I responded to is not based on any actual data, its just feels and vibes. Go be sad about that. Go be sad that such a claim wont fix what the the claim was in response to.
It is based on factual data. There are tens of thousands of unfilled electrician, plumber, and HVAC jobs. There are tens of thousands of college graduates with useless degrees. You just have to argue with any post posted. You can't help it. We get it, you're just an argumentative idiot.
 
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