The king of creating jobs, that is. “More than half of the net new jobs in the U.S. during the past 12 months were created in the Lone Star State.”
Funny what happens when you have:
- No state income tax
- Right to work laws
- No out-of-control public employee unions
- Conservative Republicans in charges of the Governor’s mansion, the House, and the Senate
- Which have actually constrained the growth of government during boom times
- A requirement by law to balance the budget
- Regulations that encourage private enterprise rather than punish it
- A healthy disdain for Political Correctness
- A thriving high tech sector
- Warm weather
- Natural ports
Some might think the last three are the most important factors, but California has all those as well, and their economy is biting the moose hard.
For a more detailed breakdown of of why Texas is kicking California’s ass (and not just at football), read this Arduin, Laffer & Moore report put out by the Texas Public Policy Foundation. Notice, for example, that Texas has lower taxes in every single category except sale tax (where the two are close to even)…and California is still broke! You can’t tax your way to prosperity.
Liberal policies don’t fail because of bad luck, or because of some sinister conservative conspiracy to make them fail. Liberal policies fail because the liberal ideas behind them are wrong.
Reality, it seems, has a free market bias.