California vs. Texas
Original post made by Cal be gone on Jun 9, 2011
So what example should America follow, that of deficit-slaughtering, budget-cutting, seriously limited government in Texas, which has added 730,000 jobs in the past decade, or that of regulation-happy, spend-mercilessly, owe-everything, flee-this-place-quickly California, which has lost 600,000 jobs during the same period?
While not a hard question in a nation where unemployment recently shot up over 9 percent again and is dramatically expanding its unfunded entitlement promises on top of its accumulating debt, let's continue to look at some astounding facts about Texas after noting a much-repeated analysis of how it got there.
It has no state income tax, low corporate taxes, does just enough regulating to get the job done, cares for the environment without making a fetish of it, lets its legislature meet for a relatively short period just once every two years, keeps the executive branch slim and trim and is a right-to-work state where unions don't get to grab dues through governmental coercion.
Businesses love all that, varied researchers tell us. A number point out that, in 2008, Texas accounted for fully 70 percent of all new jobs created in America, and if you think that's great, which it is, don't suppose this was a one-shot deal. Businesses are reported to rate Texas the single best state in which to operate. Give them a chance and many will pull up stakes from yonder plunder-and-abuse venue and follow the Lone Star to high profits, sharing prosperity and opportunity as they resettle.
Meanwhile, what glitters is definitely not the Golden State. California is faced with a $26 billion deficit, cripples businesses with unconscionable taxes and rules, has dreamt up environmental objectives that in effect are combat tactics against the common good and is faced with a cost of living that is only part of the reason why citizens are deserting the place like the hoards that once upon a time rushed to enjoy its splendor.
If you were a member and logged in you could track comments from this story.