Comments on: Utah’s Boom Thanks to Huntsman’s Leadership http://www.frumforum.com/utahs-boom-thanks-to-huntsmans-leadership Building a conservatism that can win again Sat, 11 Feb 2012 17:50:44 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Observer http://www.frumforum.com/utahs-boom-thanks-to-huntsmans-leadership/comment-page-1#comment-64267 Observer Sat, 12 Sep 2009 15:15:20 +0000 http://www.newmajority.com/?p=11914#comment-64267 Huntsman is The Next One. Huntsman is The Next One.

]]> By: balconesfault http://www.frumforum.com/utahs-boom-thanks-to-huntsmans-leadership/comment-page-1#comment-63990 balconesfault Thu, 10 Sep 2009 22:00:52 +0000 http://www.newmajority.com/?p=11914#comment-63990 Yep. Droughts can be really nasty things, and the greater the population being served, the quicker and worse the impacts that result. Yep. Droughts can be really nasty things, and the greater the population being served, the quicker and worse the impacts that result.

]]> By: sinz54 http://www.frumforum.com/utahs-boom-thanks-to-huntsmans-leadership/comment-page-1#comment-63951 sinz54 Thu, 10 Sep 2009 18:50:38 +0000 http://www.newmajority.com/?p=11914#comment-63951 Another factor in Utah's success is demographics. Utah has the youngest population of any U.S. state. That's because it has the highest birth rate of any U.S. state. A large factor that is weighing down economic growth all over the Western world is the aging of the population, including the need for entitlements to take care of the elderly who typically retire at age 65 and then go on to live another 15 years on the average. This is worsening as young adults have fewer children. Utah is one of the few exceptions to this rule. Its young population constantly introduces new blood and new energy into Utah society; and the taxes they pay represent a relatively larger tax base. It really illustrates a point I've made before: A great way to pay for Medicare and Social Security is for young Americans to have more kids! Put away your birth control measures, eschew vasectomies, and have plenty of kids. When those kids grow up and get jobs, their taxes will pay for entitlements to the elderly retirees. (That "Octomom" has produced 14 future taxpayers!) Another factor in Utah’s success is demographics.

Utah has the youngest population of any U.S. state. That’s because it has the highest birth rate of any U.S. state.

A large factor that is weighing down economic growth all over the Western world is the aging of the population, including the need for entitlements to take care of the elderly who typically retire at age 65 and then go on to live another 15 years on the average. This is worsening as young adults have fewer children.

Utah is one of the few exceptions to this rule. Its young population constantly introduces new blood and new energy into Utah society; and the taxes they pay represent a relatively larger tax base.

It really illustrates a point I’ve made before:

A great way to pay for Medicare and Social Security is for young Americans to have more kids! Put away your birth control measures, eschew vasectomies, and have plenty of kids. When those kids grow up and get jobs, their taxes will pay for entitlements to the elderly retirees. (That “Octomom” has produced 14 future taxpayers!)

]]> By: balconesfault http://www.frumforum.com/utahs-boom-thanks-to-huntsmans-leadership/comment-page-1#comment-63900 balconesfault Thu, 10 Sep 2009 15:11:21 +0000 http://www.newmajority.com/?p=11914#comment-63900 I'll give credit to Huntsman's management - he seems a very pragmatic man - but the boom in Utah and a number of other western states in the last decade can also be seen as a second wave from the California tech boom of the 1990's. As property values in California skyrocketed ... the cost of hiring employees, particularly younger employees skyrocketed ... and a lot of businesses started looking for locations that were a short plane ride away from the Silicon Valley. SLC/Provo benefitted, Boise benefitted, Phoenix benefitted. Utah also benefits from a LOT of recreational properties, which also boomed in the last decade. Check the prices of a condo in Park City in 2008, versus in 1995. The nice thing about these properties is that they provide a much higher level of tax revenues to service obligations than most types of development. A 1000 unit apartment complex in San Jose or Sacramento is going to carry along a significant burden to local schools and road systems ... a 1000 unit condo complex in Sundance brings big property tax revenue with little burden. I’ll give credit to Huntsman’s management – he seems a very pragmatic man – but the boom in Utah and a number of other western states in the last decade can also be seen as a second wave from the California tech boom of the 1990’s. As property values in California skyrocketed … the cost of hiring employees, particularly younger employees skyrocketed … and a lot of businesses started looking for locations that were a short plane ride away from the Silicon Valley. SLC/Provo benefitted, Boise benefitted, Phoenix benefitted.

Utah also benefits from a LOT of recreational properties, which also boomed in the last decade. Check the prices of a condo in Park City in 2008, versus in 1995. The nice thing about these properties is that they provide a much higher level of tax revenues to service obligations than most types of development. A 1000 unit apartment complex in San Jose or Sacramento is going to carry along a significant burden to local schools and road systems … a 1000 unit condo complex in Sundance brings big property tax revenue with little burden.

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