Texas Shows How to Grow Jobs

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Human Events:


The World Series isn’t the only event at which Texas and California have waged a battle of late.

The nation’s two largest states have also been slugging it out over economic bragging rights. In this contest—unlike like the World Series—Texas is the clear winner.

The scorecard on this competition comes from our recent report by Dr. Arthur Laffer, which compares the two states: “Competitive States 2010: Texas vs. California.” Texas has been creating new jobs, while California has been losing them. As a result, not surprisingly, our economy has been outpacing theirs.

How did Texas beat California?


The answer is simple. Texas has marshaled its vast natural and human resources to grow its economy, while California has wasted its resources.

Along the same lines, Texas has bested New York as well, both on the field and in the marketplace. Jobs leave New York and come to Texas. The Yankees’ huge payroll couldn’t overcome the Rangers’ pitching, and neither could an over-regulated Wall Street outperform Texas entrepreneurs.