Showing posts with label Texas. Show all posts
Showing posts with label Texas. Show all posts

Monday, July 7, 2008

Don’t mess with Texas

A quick look at the graph above will illustrate that the Texan economy is on a roll, folks. Mark J. Perry of Carpe Diem writes the following about the hot Texan economy:

Texas employment has increased in 56 out of the last 60 months, and has increased by +238,700 jobs over the last 12 months, compared to only a +77,000 net increase in jobs nationwide since May 2007. The chart above shows that overall U.S. employment is up by about 5% since 2000, while Texas employment has increased by 13.5% during the same period (1.26 million new jobs).

When Barack Obama talks about how free trade (NAFTA) has hurt Ohio’s economy, he always fails to mention Texas and how it has benefited by NAFTA. Ohio’s economic pain is simply self-inflicted. Maybe other states that are struggling need to model their state economies a little more like the Lone Star state.