Skip to comments.Debunking The 'Texas Miracle' Debunkers
Posted on 03/07/2014 3:31:10 AM PST by IBD editorial writer
Economy: When not making excuses for President Obama's dismal economic record, liberals try to explain away Texas' stellar growth. But what choice do they have? The Lone Star State proves limited government works.
After Gov. Rick Perry entered the presidential primaries in 2011, the left made a determined effort to dismiss the fact that his state had outperformed the rest of the country.
Economist and New York Times columnist Paul Krugman called it the "Texas Unmiracle." Time magazine dismissed Texas' burgeoning growth as mere luck. Others chimed in along the same lines, insisting that low taxes, limited government spending and a business-friendly environment couldn't possibly have anything to do with Texas' better-than-average growth in GDP, jobs and incomes. And so, as Krugman put it, Texas "offers no useful lessons."
Now that Perry is giving hints of another presidential run, the debunking effort is undergoing a resurgence.
(Excerpt) Read more at news.investors.com ...
DESPITE everything barry is doing to hurt our state, we are doing better than the other 56.
“DESPITE everything barry is doing to hurt our state, we are doing better than the other 56.
LOL! Yeah, we just don’t get any R-E-S-P-C-T from Barry and his lefty kool-aide drinkers :)
I see what you did there.
If only we could shed the oppressive government in D.C., Texas could be doing even better. Being a state rich in resources and common sense, being burdened by Big Government edicts from Washington is a real drag on our economy.
Racism is the only possible explanation...
Perhaps not, but the New York Times certainly offers useful idiots...
Please tell all the Kalifornians and other lib state losers moving here for our tech jobs that so they will leave or stay home.
All it takes is a vote to secede!..and the Gov. to sign it!
state number 56 is trying to catch Texas. ( north Dakota)
What was intentionally left out was TORT reform. The lawyers don’t want that to be spoken of.