Despite the brilliance of Cochran and Company, we still lag behind the rest of the nation.
By Ryan S. Walters
With each passing year, news stories emerge that showcase the state of Mississippi as the poorest in the country. No real surprise here, since we’ve become accustomed to such news all of our lives, no matter how old you happened to be. We usually just take it with a shrug these days.
CNBC recently put together a list of the ten poorest states in the Union, and once again we topped out the survey because the state’s median income is just $37,000, half as much as Maryland, which headed the list of the 10 richest states.
It got immeasurably worse last month when the Christian Science Monitor headlined a story this way: “Britain poorer than all US states except Mississippi.” Our former mother country has been in the death throes of socialism for decades, which has dragged down its once vibrant economy to the point that every single US state is stronger, economically speaking, except our own. How embarrassing! [Read more...]