Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (112) |
Author: Lapsody   😊 😞
Number: of 84351 
Subject: Re: Oklahoma and Massachusetts
Date: 11/18/24 5:08 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 5
The poorer states in the country were poor long before the "Solid South" broke up and turned Republican.

Yes, but the culture adopted can extend being poor, or it can help the economy. The South and Appalachia still have cultures that don't value industriousness or education generally. They aren't known for it. So when the coal or cotton goes away, the culture extends being poor.

My point is that the culture makes more of a difference than we think. If you have a natural asset like oil, investment will come into the area. When the asset is depleted, the economy slows way down.

The South's culture seems to extend being poor. Same with Appalachia's, but it also has geography problems. The West can only support so much in the high desert, high suicide areas. None of those cultures values education, but the West has some areas that value industriousness.



Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Lapsody here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (112) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community