Texas Vs. California: Thanksgiving Week Edition
Another quick update on the respective fates of our nation’s two biggest states:
In case you didn’t notice, California Democrats now have a super-majority in the legislature, which means they can raise taxes to their heart’s content. That should only heighten the difference between California’s Blue State model and Texas’ Red State model.
California spends far more money on its welfare state that Texas, but has greater income inequality.
The election California voters helped accelerate the state’s economic decline.
America is becoming California…and California is becoming Greece.
The California city of Atwater backs away from bankruptcy after winning concessions from unions.
Texas added 36,600 total nonfarm jobs in October, dropping unemployment down to 6.6%.
Tags: Atwater, Blue State, Budget, California, Red State, Taxes, Texas