During the candidate forum, Mr. Morrell told a Texas tale. This tale was how Texas was an economic miracle. Gov. Rick Perry sends a crafted Walnut box with the governors seal to every California CEO. Inside the box is a cell phone with one number: a direct line to the Mr. Perry himself! The CEO calls Mr. Perry up, and Mr. Perry tries to persuade the CEO to move his business to Texas: The land of no taxes and little regulation.
It's a mantra amongst conservatives to decry the business climate in California. This incessant bedwetting points to their deminished political power in the state. High taxes, excessive regulation, and an anti-business climate are to blame, they say. However, as many economists have pointed out: California has been creating jobs at rapid clip, keeping pace or even exceeding those states with energy resources. Texas job creation numbers have been mostly in the government and energy sectors.
This points to my chart above. Big Government Texas has more state employee ber 10K than any of the survey states! As you can see, Californians provide more government services with less personnel, how is that for efficiency!
Mr. Morrell praises the Economic Marauder model that the Texas governor employs.The Economic Marauder model is essentially ransacking other states' job creators instead of investing in the infrastructure necessary to create jobs in their own states. The prospects of long term growth with this model will be dim. As the economy recovers, more jobs will be created in California because we have the talent, resources, and benefits that no other state has.
So if Mr. Morrell wants to praise Texas, he should move there, the sooner the better.
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| Source: Center for the Continuing Study of the California Economy |
It's a mantra amongst conservatives to decry the business climate in California. This incessant bedwetting points to their deminished political power in the state. High taxes, excessive regulation, and an anti-business climate are to blame, they say. However, as many economists have pointed out: California has been creating jobs at rapid clip, keeping pace or even exceeding those states with energy resources. Texas job creation numbers have been mostly in the government and energy sectors.
This points to my chart above. Big Government Texas has more state employee ber 10K than any of the survey states! As you can see, Californians provide more government services with less personnel, how is that for efficiency!
Mr. Morrell praises the Economic Marauder model that the Texas governor employs.The Economic Marauder model is essentially ransacking other states' job creators instead of investing in the infrastructure necessary to create jobs in their own states. The prospects of long term growth with this model will be dim. As the economy recovers, more jobs will be created in California because we have the talent, resources, and benefits that no other state has.
So if Mr. Morrell wants to praise Texas, he should move there, the sooner the better.
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