On Oct. 4, USA TODAY published a breathtaking economic profile of all 50 states, ranked by household income. Embedded within it is arguably the greatest unseen political truth of our time.
Fathom it, and you will see how politics may unexpectedly affect economics and wealth for years to come.
Though income drives the rankings from poorest (West Virginia) to richest (Maryland), the list also includes population, unemployment and poverty rates. To unlock the political secret in these data points, cross-reference them with figures available from the National Conference of State Legislatures (NCSL) showing which party controls state legislatures.
What you see is exactly the reverse of our cultural mythology: Heading into midterms, Republicans are very much the party of the poor and Democrats are the party of the rich. This seemingly sounds nuts. It isn’t. Thirty-two states have Republican-controlled legislatures...
https://www.usatoday.com/story/money/columnist/2018/10/21/midterms-poorest-states-have-republican-legislatures/1694273002/?fbclid=IwAR2tZvGk82fWXeSTPJVRk9AanlmqAlo8k6L8t9C5mOwLiLVgYSkesFkZ_VQ
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