This may seem surprising, since Georgia was named the best state to do business in both 2014 and 2013 by Site Selection magazine, largely because of its workforce-training program and low tax rates. Nathan Deal, the state’s GOP governor, handily won re-election in November against Jimmy Carter’s grandson by speaking about Georgia as a job magnet.
But those who follow the state’s economy say the state’s troubling economic figures are directly related to Georgia’s attempts to paint itself as a good state for corporations.
“This is what a state looks like when you have a hands-off, laissez-faire approach to the economy,” said Michael Wald, a former Bureau of Labor Statistics economist in Atlanta. “Georgia is basically a low-wage, low-tax, low-service state, that’s the approach they’ve been taking for a very long time.”
“It’s a misconception that these so-called, business-friendly policies are closely related to stronger economic growth,” said Wesley Tharpe, an analyst with the Georgia Budget and Policy Institute. “A state’s economy depends on an educated workforce, transportation infrastructure, public safety, reliable street cleaning and snow removal.”