California vs. Texas: The Verdict Is In
2nd November 2009
Texas, increasingly, is the economic and intellectual leader of the U.S. During the last 18 months before the current recession took hold, while the country as a whole was still creating jobs, more than half of those jobs were created in a single state: Texas.
Texas has usurped the leadership position that, decades ago, belonged to California. Today California is in decline, likely irreversibly so.
The debate, really, is over. High-tax states don’t deliver a better lifestyle–not for taxpayers, anyway. One of these days, voters will figure out that the same thing holds true at the national level. Higher taxes may be OK if you’re a public employee; otherwise, they’re a dead loss.
November 2nd, 2009 at 12:49
Subtitle this one: “Another Reason to Secede”.