Explain to the thread why Texas is doing better than California.
One State has more regulations and taxes, and one has less. Businesses are flocking to one State, but are fleeing the other.
Part of the genius of the American system of states is that it forces competition in Government. And we can all see the results: Texas is doing well whereas California is going bankrupt.
If taxes and regulations make no difference to capital, why is capital flocking to Texas?
Wait aren’t you the guy that said domestically there is no competition possible? That tariffs would just raise prices and domestic manufactures would simply collude with each other in price fixing? You are very inconsistent. I thought true competition came from across borders, domestically not so much. So which is it?
Look to be fair Texas is doing better than California because Texas is much freer than California.
However America is currently getting screwed, by imports.
We need to bring back industry to America.
Whether to Texas, or California is indeed a very important issue to discuss, but keep in mind that sending jobs to China doesn’t help anyone except the leaders of a few huge industrial interests.
Bring back jobs.
To Texas, or California, or any of 48 other states depending on your own preferences.
But bring back jobs to America.
What genius said this? You're a real economic Einstein.
Texas processes more energy than California. Oil is a wealth producer, either in North Dakota or Saudi Arabia.