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Whenever you have a massive problem, and point to another's massive problem as even worse, it's a sure sign you don;t have any ideas to fix your own problem. Texas was warned by some economists in 2006 that their direction was not a prudent one. They raised a litany of business and other taxes, to pay for tax cuts that were very real. As the truth unfolded, it showed that the structural deficit being built could not be overcome by and positive growth the state was achieving.
Texas doesn't have the same problems that are pointed out as causes for their deficits. Texas has a very low percentage of public employees in unions and collective bargaining agreements. Texas also has a very low expense budget for things other than education and health care, about 17% last time I read. So the target areas for budget cuts are limited to two primary areas, and two areas which are not strong points in Texas. The irony today is that, if not for high oil prices returning, the situation could be a lot worse than it is.
Texas also has the balancing act of lower wages versus lower cost of living. I think that it's the latter attracting workers to relocate there from higher cost states. But the looming cuts in education and health care could cut deeply into the state's attraction.
Instead of comparing two states in partisan fashion, it should be a learning experience. I picked up on the potential Texas budget problem in 2006, so this isn't a new thing. The fact that Texas can keep it so quiet for so long has the interest of every other governor as well
What both states point to is excess. They are on entirely different ends of the stupid budget spectrum.
Congrats to the OP for attempting to break the record for the most fail ever in a thread title.
Hint: Look at where people are moving away from, tax rates, the amount of bureaucracy, and job creation / loss between the two states and then ask yourself the original question again.
Congrats to the OP for attempting to break the record for the most fail ever in a thread title.
Hint: Look at where people are moving away from, tax rates, the amount of bureaucracy, and job creation / loss between the two states and then ask yourself the original question again.
Yet Texas is swimming in debt and is ready to decimate education.
Perhaps you should think things through and look at the big picture.
Texas is prospering, growing and new business are flocking there. Ca is sinking into it's own morass.
At some point Texas is going to have the pay the piper. The reason that Texas attracts business is that they offer tax abatements, and other tax breaks to businesses, and land and housing is relatively cheap compared to the Northeast and California.
They basically switch the tax burden on to homeowners and consumers in the way of high real estate taxes and high sales taxes.
The *** is about to be up they are going to either have to raise sales or real estate taxes or cut funds for education, highway construction, social services, and other basic government services.
If Texas refuses to raise taxes and continues to cut government services, especially education it will diminish it's desirability as a place to live.
This clearly shows that liberalism is a mental disorder.
Look at the unemployment rates and job creation. I know, to a liberal, the only thing that really matter is marijuana and gay marriage. However, average Americans more concerned with feeding thier families and being employed than they are with gay marriage and pot.
That is the difference between Texas and California. Go Texas!
Liberalism is a mental disorder! That does explain everything!
If Texas refuses to raise taxes and continues to cut government services, especially education it will diminish it's desirability as a place to live.
Economics aside, Has it ever been a desirable place to live? My parents only bought a house here because they wanted something cheap in a nice area to retire. Now my mother (father deceased) is desperate to move back to New York.
There is absolutely no beauty in the Houston area. The air quality isn't great here but still smells better than Dallas.
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