Study: ALEC’s Advice to States on Jobs Is Actually a Recipe for Stagnation and Wage Suppression
Washington, DC, November 28, 2012–A new study finds that state tax and regulatory policies recommended by the American Legislative Exchange Council (ALEC) fail to promote stronger job creation or income growth, and actually predict a worse performance.
Since ALEC first published its annual Rich States, Poor States study with its Economic Outlook Ranking in 2007, states that were rated better have actually done worse economically.
Those are the key findings of “Selling Snake Oil to the States”, a study published today by Good Jobs First and the Iowa Policy Project and freely available online at http://www.goodjobsfirst.org/snakeoiltothestates . It was released at a press conference the same week ALEC holds its annual fall meeting in Washington, DC. Continue reading