Best Place in USA For Job Growth and Cost of Living
Do you want to know what is the best place in USA for job growth and cost of living? It is none other than Silicon Valley. A place where high-tech companies, venture capitalists, international conglomerates and Hollywood producers have found a legal loophole through which they can get into a country’s top market without setting foot on American soil. They call it offshore outsourcing. It has been a boon for them and a major irritant for American workers who have suffered the consequences of this economic policy.
Why is the best place in USA for job growth and cost of living affordable for so many? Because the policies that allow these companies to move their operations and production plants to the USA are such a hit to our economy. This policy or rather a twist on it, the tax credits have been given by the government to them. As if these were not enough to keep them in the USA. So if you are wondering what is the best place in USA for job growth and cost of living, think no more. Just check out the Silicon Valley.
The main reason why the best place in USA for job growth and cost of living is not so popular among people is the lack of job creation. The number of companies in the private sector that are creating jobs is very low. Of course there is no explanation as to why there are not enough jobs for the number of people who graduate, train and retrain. But that is really a small excuse when you consider that the American economy is being propped up by such a huge economic policy. No wonder the population is not growing at the same pace as it should be.
When the economy is growing and there is more demand for products and services, then the price of goods and services goes up. This is a basic economic principle that holds true in all times of economic expansion. However, this principle is not working so well in the US currently. The high prices of oil and natural gas have made some things costlier than before. Therefore, people are not buying cars, houses and other assets like equities.
But that is not all that is wrong with our current economic situation. These include areas like Texas, Georgia, North Carolina and Pennsylvania. Therefore, if we want to move from a place like Silicon Valley, where the prices of computers and other technology products are too high, to a place like Grand Junction, Colorado, we can make some good savings.
What is the best place in USA for economic growth? It is none other than the White House! This is because President Obama has implemented an economic policy that attracts people from all walks of life to the United States. This means that the population is becoming more educated and more affluent.
The above reason is enough to justify moving from California to Texas. However, let us take it one step further. There is another reason that can be added to the list. This is the fact that Texas is a very dynamic place. As a result, many entrepreneurs have made their money here, and they want to make it grow.
As far as the best place to find jobs is concerned, then no other place in the United States can claim this top spot. The reason is clear. The United States is experiencing an economic upturn. It is highly unlikely that we will experience a recession anytime in the near future.