For Jobs and Growth, Legal Reform

By May 14, 2008Briefly Legal

An op-ed in today’s Detroit News from John Engler, president of the National Association of Manufacturers, and Lawrence J. McQuillan, director of business and economic studies at the California-based Pacific Research Institute, “Limiting lawsuit abuses lowers costs from litigation, creates jobs in long run“:

When deciding where to start a new business or expand operations, manufacturers and entrepreneurs weigh heavily the legal environment. They opt for states with balanced tort systems that discourage excessive litigation. In 2006, for example, job growth was 57 percent greater in the 10 states with the best tort systems than in the 10 states with the worst. That same year state-level gross domestic product grew 25 percent faster in the 10 best versus the 10 worst.

These figures can be drawn from the Pacific Research Institute’s most recent U.S. Tort Liability Index.

Leave a Reply