“What’s worst about these ALEC policies, Chinn reports, is that the relentless budget-cutting they require leave crucial state services, particularly education, gasping for breath. That’s a formula for long-term decline, not growth.
Indeed, when Chinn mapped the ALEC rankings for all 50 states against their economic growth, he found that, if anything, a higher index score correlates with a worse economic performance. That won’t come as a surprise to anyone who has followed the ALEC follies over time: The Iowa Policy Project found the same negative correlation in 2012.
Say this for the ALEC-Laffer Index: It’s a consistently accurate predictor of economic growth, but in a bad way. Any state’s voters whose governors and legislators follow the ALEC path need to ask the eternal question: Whose interests are they serving?”

http://www.latimes.com/business/hiltzik/la-fi-mh-surprise-probusiness-20140506-column.html