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Gone To Texas


PN-G bamatex

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http://youngcons.com/this-california-to-texas-translation-guide-for-people-fleeing-liberal-policies-is-epic/

 

The link is posted for laughs, but it touches on a real issue.

 

I can remember learning about the people who picked up and left Texas and Oklahoma during the dust bowl for greener pastures in California in seventh grade Texas History. Now it seems the tables have turned in the Lone Star State's favor.

 

When Occidental announced its decision to move from California to Texas earlier this year, Texas was officially slated to become the home state for more Fortune 500 companies than any other state in the country, fittingly eclipsing California in that ranking. When that transition is complete, 53 of those 500 companies will be headquartered within our borders. Despite the 2008 recession and the decline of US manufacturing, the total manufacturing output in Texas is up more than 150% since 1997, and Texas has the second highest number of manufacturing jobs of any state in the country (another metric where I believe we will soon outpace California). Energy production in Texas is projected to exceed its mid-70s record high within two years, and Texas will be out-pumping every oil producing nation in the world except Saudi Arabia by the end of this year. Accordingly, we've become a magnet for new residents. Texas led the country in domestic migration between 2002 and 2012, with more than a million people moving into this state from elsewhere in the country - roughly a sixth of our total growth during that time period. I think it's safe to say "Gone To Texas," a phrase also discussed in Texas History classes, is making a comeback.

 

What's different about this mass migration, though, is that it hasn't been caused by some unforeseeable weather event that's devastated one regional economy and made another that much more enticing. This is caused as much by a difference in leadership as much as anything else. California easily could have taken steps to keep the companies and workers they've lost. The bottom line is, they didn't. Meanwhile, Texas has maintained a low-tax, low-regulation atmosphere that's drawn in everyone from Google, to Mossberg , to Charles Schwab, to Toyota. And for every company that picks up and moves completely, there's a half a dozen more that move significant portions of their operations into Texas.

 

I don't think it can be made any more plain than that. When it comes to economics, the Texas model works. If we want the American economy to have a real recovery, and not this excuse for one we've gotten, then we're going to have to turn it from the Texas model into the American model.

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