Skip to comments.The Texas Growth Machine: The data show that the Lone Star State’s prosperity is no mirage.
Posted on 02/11/2013 7:24:58 AM PST by SeekAndFind
The American economy has had little to cheer about since the 2008 financial meltdown and the resulting recession. Recovery has been feeble, and many states continue to struggle. One bright spot in the general gloom, however, is Texas, which began shining long before 2008. Not only has Texas created jobs at a stunning rate; it has alsopace critics like the New York Timess Paul Krugmancreated lots of good jobs. Indeed, the rest of the nation could turn to the Lone Star State as a model for dynamic growth, as a close look at employment data shows.
The first thing to point out is that Texan job creation has far outpaced the national average. The number of jobs in Texas has grown by a truly impressive 31.5 percent since 1995, compared with just 12 percent nationwide, according to Bureau of Labor Statistics data (see Figure One). Texas has also lapped California, an important economic rival and the only state with a larger population. The Texas employment situation after the financial crisis was far less spectacular, of course, with the number of jobs growing just 2.4 percent from 2009 through 2011. But that was still six times the anemic 0.4 percent growth rate of the overall American economy.
The National Establishment Time-Series (NETS) Database, which provides detailed information on job creation and loss for firms headquartered in each state, can tell us more about Texass employment growth. NETS data are divided into two periodsthe first from 1995 to 2002, the second from 2002 to 2009. During the 200209 period, small businesses of fewer than ten employees were the Texas employment engine, adding nearly 800,000 new jobs; of those, about three-quarters were in firms with two to nine employees,
(Excerpt) Read more at city-journal.org ...
If I were running Texas and so close to the border of a failed country, I would be putting monies into armory equipment such as tanks and such.
The administration seems to like Mexico better’n Texas.
I would buddy up with Arizona too.
Sadly this is drawing libs by the thousands and they are “purpleizing” this great red state. It is quite funny that the very people that come here have always hated this state for its independence and poke fun at its western heritage. The come here and bring their stupid ways with them, case and point, cities of Austin, Dallas, and Houston city councils.
If it was so great where you were from why did you leave?
I’ve been thinking about moving the family to Texas.
PLANO, TEXAS ( a suburb of Dallas ) has been ranked by Forbes to be America’s safest city ( two years in a row ):
It was also recently ranked by Wall Street 24X7 as America’s BEST RUN CITY.
And then this from our Texas Attorny General:
“Here in Texas, you will have the liberty and the opportunity to achieve your dreams. On top of that, we have no income tax, yet still manage to have a multi-billion dollar budget surplus.
We have right to work laws and a reasonable regulatory environment. Texas has created more than 275,000 jobs in the last year alone! And well fight like hell to protect your rights.
Youll also get to keep more of what you earn and use some of that extra money to buy more ammo.
I hope to see you soon in Texas. In the meantime, sign up to show your support for our second amendment rights.”
Sincerely,Attorney General of Texas
Filthy hateful liberals will call on their third world ‘illegals’ to crash the Texas party. It’s what they do - they can’t stand conservative success and will use criminals, trolls and street gangs to destroy it.
Someone should email this essay to moonbeam in Sacramento.
As if cost of living had nothing to do with wages. As if Texas or Mississippi or North Dakota wages should stack up dollar-for-dollar with jobs in Lower Manhattan's financial district.
Or something. But you know Chrissy's gotta run his mouth, if the subject is By-God Texas!! ESAD, Christine -- we live in Texas, and you just exist up there in Wormwood.
Love it! Lived in Plano during the Cowboys Roger Staubach/Troy Aikman years. My children were born in Plano. We moved back to CA to be closer to family (some 25+ years ago) I loved having the kids grow up near Grandma and Grandpa, Aunts and Uncles and cousins. Now it’s time to retire and we may well head back to Plano!
With those jobs come wacky libs and their commie ideas which they push on us. They’re ruining Texas.
Thanks for the ping! Way to go, Texas!