Skeeter- In re: Hawaii<> That State has surely suffered from
the Southeast Asian financial implosion. After all, as Captain
Kirk has aptly mentioned, the Hawaiian economy depended
mightily on Japanese tourism. The real estate industry also
benefited in the past from Japanese buying sprees. However,
as noted in a past "Forbes Magazine" article, Hawaii is a State
which apparently suffers from the profligate, wanton, and anti-
business policies of a trademark liberal "tax and spend" State
government. As a consequence, Hawaiians are saddled with
onerous taxes, recklessly high per capita social welfare spend-
ing, a strangulating business environment, and, not surprisingly,
decades old one party Democrat domination. Indeed, during
this latest lengthy powerful US economic expansion, Hawaii has
consistently recorded the nation's highest unemployment rates,
according to "Forbes," the mainland boom and Japanese tourist/
real estate dollars notwithstanding. |
