Explain this wingnuts; VT rated as one of the worst states to do business in: Unemployment 4%

[Demo_Chris]

19. I suspect this is an apples and oranges thing...

In that Vermont might well be a terrible place to start a business, while still being an attractive place to live and work. The two are related but not connected. I can, however, talk about starting a business in Texas. To begin...

Getting your state business license takes about five minutes. Meaning that, from the time you say to yourself, 'I think I want to work for myself' to the time you are legally and officially doing so with a Texas business number, is about five minutes. It could not be easier. And when it comes to paying your taxes or managing other business issues, the state is waiting to help. The seemingly have teams, all over Texas, just waiting noaround to walk you through whatever maze you find yourself in. And unlike some other states I have experienced, when there is a mistake or question, it's no big deal. They'll bend like a pretzel to help in any way they can.

So why is Texas unemployment so high compared to Vermont? I can only speculate. Let's look at Vermont. It's a small state with a tiny (600k), 96% white population. Vermont's population is, in fact, the second 'whitest' and second OLDEST population in America, as well as being the least religious. The state itself, despite the claims in the OP, has comparatively little economic activity, ranking 34th in terms of population adjusted GDP.

The main businesses within Vermont seem to be tourism, agriculture (milk, timber, syrup), IBM (which alone provides 25% of Vermont's manufacturing jobs), and 'captive insurance --with Vermont falling right after Bermuda and the Cayman Islands as the world's home for captive insurance companies. Vermont has about 300k people working out of a population of 600k, and the median income is normal.

Hopefully by now the real reason for Vermont's stability and 'prosperity' are self evident. If not, in brief, the entire state would be like a single city anywhere else, but in this case it's a company town. There is actually nothing particularly interesting at all going on there.