I think it does. Jackson is still the government and business center of a whole state. And it also has just as big or of more of an affluent population in its suburbs. For all intents and purposes, Jackson is a good bit bigger than Mobile. That's why I pick it to compare.Really hard to compare Jackson to Mobile, just because of geography. Mobile has a stable floor for how “bad” it could get just based on waterfront location and all that brings in. Jobs at ports and ship yards, fishing / boating, seafood restaurants, hotels and entertainment needed for all the port traffic, and so forth. Too many advantages to allow it to slip to Jackson’s current state….no matter who they elected.
There’s also just so much affluent population in Foley, Daphne, and Fairhope areas that do business and spend money in Mobile, and just the general appeal of being able to live there and only be an hour from Gulf Shores / Orange Beach is also there. None of that really applies to Jackson.
Now I guess we could consider that the entire state of Mississippi may eventually fail, and thus the Metro goes down with that ship. But that's kinda doomsday stuff, and likely isn't happening.