So what if they are? The ‘miraculous’ job creation is still the same sunbelt ponzi scheme that brought down Florida and Arizona. People and businesses alike swarmed both. And it worked so well that Arizona lost more jobs than Michigan!
Everything being said about Texas today was being said about Florida thirty years ago. Everything being said about Texas today was being said about Arizona a decade ago. I don’t see good things for Texas when the ecoterrorist/bankster energy cartel is broken. Where were you in 1986? I was in Cypress TX. Wanna talk about foreclosure alley?
Depends on what type of industry you are talking of.
What crashed Fl and AZ was the home building industry. Retirement is/was big business in both states. Which gave us the likes of McCain etc.
If there is no base industry, then there is no industry, period.
Oh and I watched this all go on as I worked around Kingman for a few years. One builder had over 200 houses built and no buyers at the last. So they simply filed bankruptcy and let those homes go back to the bank since they couldnt afford the construction loans. THAT is what caused the home loan crash.
One of the biggest shysters on the face of the earth are realtors. To this day you can go in and talk to a real estate agent and ask them how business is going and they’ll tell you it is fantastic.
>>Wanna talk about foreclosure alley?
Nah. That reality is no substitute for what Homer Simpson & Co. want:
Hey Mo, whos winning American Idol and Dancing with the Stars 2012 between commercials for Viagra, Sleeping Pills, and Grecian Formula? {sluuuurp}.
Reality? Nah, what the Left Beehind Perrywinkled McSheeple-Parrots are evidently pining for, whilst nailed to the McPerch, is a re-ignition of the GeeOpie Bread and Circus engine -- so the McFleeced can get back to waiting for The McRapture(tm) to rescue them before the ARM on their re-re-re-fried McMansion explodes.
All that Securitized Liar Loan a$$paper with their McSignatures on it... plugging up the global economic infrastructure?
Oh Jus' Fahgedaboutdat -- theyll just keep on flushing their (R)ainbow-RINO-Log-Cabin-interior-decorated McToilets until they drown what remains of the American Republic with their (D)emoralized ACME Partee Certfeefied and Franchized Wile E Coyete suuuuper geniusness.
Florida and Arizona tanked because of the property market. Developers were building more homes than there was a demand for.