Yes, indeed: According to this data, Oakland County, Michigan, has the 48th highest per capita income of the three-thousand-or-so counties in the entire United States. That is like the 98th percentile—pretty good!
So let's contemplate something: How does this occur? How can the overall prosperity of a county be that high, much less in a region of the country where the cost of living isn't so exorbitant as to artificially inflate the data....and in a region of the country where the state unemployment leads the nation (on the wrong end)?
Does this county have higher taxes than neighboring counties? I don't think so.
Does this county have a pro-business or anti-business climate? I'm guessing pro-business—there must be employers there, after all, to pay those good salaries.
Does this county have leadership that wants to micro-manage, tax, and control the economy, or is it more inclined to allow free enterprise to work its wonders? I think I know....
Congratulations, Oakland County. May you be an inspiration to the rest of our state.
Tuesday, May 19, 2009
One of the Nation's Richest Counties....in Michigan?!?
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3 comments:
Exactly! The prosperity of Oakland County offers us a wonderful example to follow. It will be interesting to see with the downfall of the Big 3 amidst Obama’s countless policies whether there will be an economic shift from Oakland County westward to Grand Rapids for example with the economic situation remaining fairly stable.
We have a pro-business Republican leadership and that hasn't changed in some time. If you took out Pontiac and some of its neighbors, Oakland County would be quite a bit further up the chart.
so whats ur tax %? HATE EXTRA TAXES
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