Saturday, May 25, 2013

Quote of the Day (May 6, 2013)

From National Review's John D. Davidson for a book review:

"...there's no dismissing the Lone Star State, no matter what one thinks of it.  Five years on from the Great Recession, Texas's low-tax, pro-business [republican] policies have largely shielded its residents and businesses form the economic downturn suffered by the rest of the country.  Between 2009 and 2011, whe unemployment was hovering between 9 and 10 percent nationwide, Texas alone created 40 percent of America's new jobs.  Last year, it accounted for nearly 9 percent of the country's economy.  Millions of people have moved there over the past decade, drawn by the promise of work.

The plain facts of the Texas economy confound liberals [democrats], who have a hard time believing in this so-called Texas Miracle, despite mounting evidence that it is real and durable, taht something fundamental about Texas's approach to economic growth is distinguishing it from, say [democrat controlled] California."

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