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California and Texas are the 2 best states in the Union
Posted on 8/25/16 at 8:50 pm
Posted on 8/25/16 at 8:50 pm
LINK
quote:
Still, over the course of the current recovery, both states have seen economic growth that most of the rest of the country would envy. California has led the U.S. in job creation, adding 2.3 million nonfarm jobs since January 2010. Texas is in second place, with 1.8 million jobs. Between them they're responsible for 28 percent of national employment growth. That's partly just because they're the two most populous states, but they're also among the top states in percentage employment growth.
quote:
What is the California-Texas secret? Well, most obviously, it's that, as economic activity in the U.S. has become increasingly concentrated in a few big, vibrant metropolitan areas, they are both states with big, vibrant metropolitan areas. Of the 10 biggest urban agglomerations in the U.S., two (Los Angeles and San Jose-San Francisco) are in California and two (Dallas-Fort Worth and Houston) are in Texas. Each state also has two others in the top 35
quote:
Why did these cities develop in California and Texas, and why do they exercise such attractive force? A lot of it is surely dumb luck, but I think there is an important common thread (and this is where I'm going to haul out my particular ideological ax). In past decades, private- and public-sector leaders in both California and Texas made big investments in their states' futures that have paid off richly. As a result of investments in higher education, for example, California and Texas lead the nation in the number of institutions on the brand-new ShanghaiRanking 2016 list of the world's top research universities:
Posted on 8/25/16 at 8:52 pm to RedRifle
What does this have to do with Russia?
Posted on 8/25/16 at 8:53 pm to RedRifle
quote:
rnia and Texas are the 2 best states in the Union by RedRifle
said every Californian and Texan I have ever been around...
Posted on 8/25/16 at 8:53 pm to RedRifle
Tl;dr
big states with resources do better than other states without those two things.
big states with resources do better than other states without those two things.
Posted on 8/25/16 at 8:54 pm to RedRifle
You better check your stats Baw, Texas is 10X better than broke arse California.
Come drive around DFW and all you see is building building building. Roads, Houses, Churches, Corporations.
California is as broke as Louisiana
Come drive around DFW and all you see is building building building. Roads, Houses, Churches, Corporations.
California is as broke as Louisiana
Posted on 8/25/16 at 8:55 pm to The Torch
Cali has a budget surplus
Posted on 8/25/16 at 8:56 pm to RedRifle
Colorado is the answer here
Posted on 8/25/16 at 8:59 pm to Cosmo
Tennessee has an up and coming economy
Posted on 8/25/16 at 9:04 pm to Paul Allen
quote:
Tennessee has an up and coming economy
That's cute.
Posted on 8/25/16 at 9:05 pm to Paul Allen
No income tax does wonders for states.
Posted on 8/25/16 at 9:11 pm to RedRifle
California and Texas are quite the opposite on the political spectrum. One has super high taxes, one has no state income taxes. One has numerous regulations, one is known as more free spirited. One will vote democrat in this election, guaranteed, the other will vote Republican, guaranteed.
So, how and why such similar economic growth??
So, how and why such similar economic growth??
Posted on 8/25/16 at 9:14 pm to NIH
Yes, that is nice yet local taxes get their share which is fine as I lean more favorably to solving local challenges locally and less of an urban/rural debate cluster which centralized control tends to do
Posted on 8/25/16 at 9:15 pm to RedRifle
quote:
What is the California-Texas secret?
Mexicans
Posted on 8/25/16 at 9:17 pm to rantfan
I'll never be a "Texan", but living here has many advantages.
Posted on 8/25/16 at 9:18 pm to East Coast Band
quote:People move to Texas for economic opportunity
how and why such similar economic growth??
People move to California b/c it is the Promised Land of Eternal Youth & Sunshine, and will pay any price to live that dream
Posted on 8/25/16 at 9:22 pm to East Coast Band
Because everything you hear from politicians is a lie. There is a reason why California leads the nation in startups.
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