Yeah. I can see why the loony left hates Texas. It makes their liberal socialist utopia States look bad. The Texas Model http://www.realclearpolitics.com/articles/2010/10/15/the_texas_model_107590.html
And what about the mid 80's and the Savings and Loans debacle? I think even Neil Bush was involved in that one. Thats how I got lost from Texas. I love Texas as it is home, but it has its own issues as well.
Also I would like to point out that Texas has created the most minimum wage jobs. http://thinkprogress.org/economy/2011/06/16/246892/perry-minumum-wage-jobs/ http://www.dailykos.com/story/2011/...s-Texas-miracle-is-built-on-minimum-wage-jobs http://www.huffingtonpost.com/robert-reich/how-to-create-more-jobs-b_b_961789.html Perry like the rest of Texas Republicans are utter failures. I am so glad the idiot did not get anywhere near the White House.
And something like 70% of those jobs were minimum wage or below. The number of jobs created means nothing when they are extreme low quality jobs.
These discussions were very good. "Texas is a model of governmental restraint. In 2008, state and local expenditures were 25.5 percent of GDP in California, 22.8 in the U.S., and 17.3 in Texas. Back in 1987, levels of spending were roughly similar in these places. The recessions of 1991 and 2001 spiked spending everywhere, but each time Texas fought to bring it down to pre-recession levels. "Because of this policy decision," the Texas Public Policy Foundation report notes, "Texas' 2008 spending burden remained slightly below its 1987 levels - a major accomplishment." Less spending means lower taxes. Texas doesn't have an income tax - in contrast to California's highly progressive income tax - and it is among the 10 lowest-tax states in the country. Its regulatory burden is low across the board, and it's a right-to-work state that enacted significant tort reform in the middle of the last decade. It is true that Texas enjoys bountiful oil and natural-gas reserves, but its attitude toward those resources is what's most important - "if you got 'em, use 'em." If only the Obama administration's Department of the Interior agreed. The state long ago defied the stereotype of an economy entirely dependent on bumptious oilmen. In Dallas-Fort Worth, Houston, San Antonio, and Austin, it has four diverse, thriving metropolitan areas featuring robust high-tech and manufacturing sectors. In Texas in recent decades, the watchwords have been prudence and stability in the course of nurturing a pro-business environment, while California has undergone a self-immolation that Pres. Barack Obama wants to replay nationally. Joel Kotkin writes of California in City Journal, "During the second half of the twentieth century, the state shifted from an older progressivism, which emphasized infrastructure investment and business growth, to a newer version, which views the private sector much the way the Huns viewed a city - as something to be sacked and plundered."
California accepted more stimulus funds... why did it not work for California? Oh wait... it wasn't the stimulus money at all by the favorable business policies. So... you are just talking out of your ass.... again. =)