I wrote a five-part series on Texas’s breathtaking economic achievements earlier this year so this didn’t come as a surprise to me, but a lot of people will probably find this stunning:
No other state registered an increase of more than 100,000 private-sector jobs during the decade. Only 19 states and the District of Columbia posted any gains at all.
At the link, there’s even a breakdown of the Bureau of Labor Statistics data. Again, Texas’s formula for economic success is a fairly simple one: Keep business regulations to a minimum, keep taxes low, and keep organized labor in the public and private sector in check. It’s easier said than done, but Texas’s relative success is fairly definitive that the heavy handed big government approach to taxes and regulation is dooming the economies of blue states.
