The thriving Massachusetts economy (://URLFAN)

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The thriving Massachusetts economy

Post Date: Sep 30, 2008 9:14 p.m.
Ranked website: blogs.law.harvard.edu ()

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http://blogs.law.harvard.edu/philg/2008/10/01/the-thriving-massachuset...


After a helicopter flight this afternoon, I ran into a friend in the hangar.  He works for the biggest air taxi (airplane charter) company in Massachusetts.  ”We just laid off two thirds of our staff,” he noted.  ”We’ve returned most of the airplanes to the lessors.”  Driving home, I passed by Mattress Discounters.  They had a “going out of business” sign out front.  I stopped in to ask why.  ”They’re closing all of our New England stores,” said the manager. We have cold weather, per-capita tax expense roughly double New Hampshire’s ( compared to other states ), and extremely high housing costs.  Young people keep leaving to build careers in the more rapidly growing regions of the U.S.  Still, I would have thought enough of us oldsters were still here to need a comfortable mattress… [I did my share for the Massachusetts GDP this week.  A crack appeared in my car’s windshield and...

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