Showing posts with label texas economy republican. Show all posts
Showing posts with label texas economy republican. Show all posts

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."