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Debunking The 'Texas Miracle' Debunkers
Investor's Business Daily ^ | 03/06/2014 | IBD Staff

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 ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: freemarkets; heartless; jobs; rickperry; texas

1 posted on 03/07/2014 3:31:10 AM PST by IBD editorial writer
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To: IBD editorial writer

DESPITE everything barry is doing to hurt our state, we are doing better than the other 56.


2 posted on 03/07/2014 3:45:23 AM PST by Texas resident
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To: Texas resident

“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 :)


3 posted on 03/07/2014 3:59:39 AM PST by snoringbear (E.oGovernment is the Pimp,)
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To: Texas resident

Lol!


4 posted on 03/07/2014 4:08:17 AM PST by ffusco (The President will return this country to what it once was...An arctic wasteland covered in ice.)
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To: Texas resident
DESPITE everything barry is doing to hurt our state, we are doing better than the other 56.

I see what you did there.

5 posted on 03/07/2014 4:25:46 AM PST by savedbygrace (But God!)
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To: IBD editorial writer

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.


6 posted on 03/07/2014 4:28:06 AM PST by txrefugee
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To: IBD editorial writer

Racism is the only possible explanation...


7 posted on 03/07/2014 5:53:23 AM PST by WayneS (Respect the 2nd Amendment; Repeal the 16th (and 17th))
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To: IBD editorial writer
And so, as Krugman put it, Texas "offers no useful lessons."

Perhaps not, but the New York Times certainly offers useful idiots...

8 posted on 03/07/2014 5:54:57 AM PST by WayneS (Respect the 2nd Amendment; Repeal the 16th (and 17th))
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To: WayneS

Please tell all the Kalifornians and other lib state losers moving here for our tech jobs that so they will leave or stay home.


9 posted on 03/07/2014 6:42:59 AM PST by Resolute Conservative
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To: txrefugee

All it takes is a vote to secede!..and the Gov. to sign it!


10 posted on 03/07/2014 9:27:27 AM PST by gr8eman (But thermodynamics is just a social construct, created by the ruling white power structure)
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To: Texas resident

state number 56 is trying to catch Texas. ( north Dakota)


11 posted on 03/07/2014 7:50:03 PM PST by South Dakota (shut up and build a bakken pipe line)
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To: IBD editorial writer

What was intentionally left out was TORT reform. The lawyers don’t want that to be spoken of.


12 posted on 03/07/2014 8:37:34 PM PST by houeto (We intend to liberate Democrats from the dreaded Job-Lock this November!)
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