Why Texas is doing so much better economically than the rest of the nation. - By Daniel Gross - Slate Magazine I thought this article was interesting. On a side note, i wouldn't be surprised if Rick Perry tries to make a presidential run in '12.
Hmm.. I suppose that depends on who you ask. I'm sure there are those that will tell you the place is a hell hole. It probably doesn't hurt that they have a wealth of energy resources, their own electrical grid, no state income tax, corporate incentives that keep business coming in, etc, etc.. or any number of other things. I'm sure there are pockets in the state that aren't doing as good as others. But honestly, I don't know enough about the state as a whole to tell you what is the leading cause of their success, even in these times. I'm not sure one could point a finger at just any one thing. That's all I got..
Probably because I've been spending my money there the last two years...AND in MS! Works that way when you 'live' in two places...
good for texas. Funny that Texas's profit could buy out California. Yes I think Perry will test the presidential waters too.
All I know is that Thursday I'll be collecting $8000 from Chesapeake Energy for my gas lease. :grin: Thank you Barnett Shale!
Good post Swerved. While we have no state income tax, I think taxes are high here. On my upper middle class home in the burbs, I pay about $5K per year in property taxes, to the county, to the water folks (called the MUD, or Municipal Utility District), and to the school district. Our sales tax is 8.25% in Harris County. A semester of college at UT or A&M runs about 4.5K for tuition. On the other hand, after we pay high property taxes, we do get good roads to drive on. The politicians seem to skim less than in La.
I agree. My 3 kids all went to the public schools, along with all their friends who live in the neighborhood.
