What Perry is realizing now is that the economic hit Texas would pay for succession would be almost too much to bear...
Although, privately, I’m betting we could endure as a separate Republic AGAIN, if the boat we are in now sinks a little more...
The economic hit we will take may pale in comparison to remaining in the Union...Once those numbers are crunched, I see some people making some more noises about this...
For those wishing to stay, fine...Be prepared for ANYTHING...
For those wishing to leave...Don’t let the door hit you on the ass on the way out...
If Texas became sovereign and followed a Constitution(along the lines of the original one) and became a real republic again the economy of Texas would boom. It would be almost out of control in the upward direction.
The Republic of Texas failed as a separate country previously. Its leaders knew it had serious problems and tried to be annexed by the US almost immediately. It had no manufacturing, and no markets for its agricultural products. Diplomatically they were constantly in a state of war with Mexico, and had the added drag of constant readiness to suppress a slave revolt.
Diplomatically they tried to support other insurrections against Mexico, as they sought to be annexed by the US. They even built a fleet for one province of Mexico to aid its insurrection, as commemorated on the cylinder of the Colt Navy revolver.
Today Texas benefits from its trade union with the US, producing low cost and high technology goods to go along with its agricultural and mineral goods. It draws intellectual property from all over the US. What would happen if US companies and persons had to jump through ITAR hoops before shipping products or information to Texas? What would happen with Tariffs applied to Texas goods before import to the US? Texas has no income tax now, but it benefits from and contributes to the military establishment of the US. What if the military establishment of the US becomes a threat, with bands of raiders along the boundary to the north, as well as the drug cartels along the boundary to the south?
Texas might make a go of it this time, but it wouldn’t be easy. Even France, Germany, Turkey and Greece are trying to submerge their differences to obtain a trade union to make their goods competitive, and taking grave risks to do so. It doesn’t make sense for Texas to take grave risks to make their goods less competitive, or their cost of living more expensive.