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Trivia Tidbit of the Day: Part 876 -- Has Texas ALWAYS Grown Faster Than Rest Of America?
Texas' Growth Accelerated When Republicans Took Over-
Liberal trial lawyer Bill White has acknowledged out on the campaign stump that, economically, Texas is performing better than the rest of the country. His comeback, basically, is that Texas has ALWAYS performed better than the rest of the country, since Texas has existed.
The facts say otherwise.
For example, on jobs, Texas has now had a lower unemployment rate than the United States as a whole for 44 consecutive months. Before that, not usually:
Indeed, it was rare for Texas to have a better unemployment rate than the rest of the country until after Republicans in Texas took not just every statewide office, but the legislature (finally, in 2002), as well. Notice how-- other than the late 1980s/early 1990s-- the differential is at its worst just as Republicans finally took over the Texas legislature in January of 2003. Notice how it improves, improves, and improves, until it really accelerates in favor of Texas as soon as Democrats took over the U.S. Congress (and Republicans maintained big leads in the Texas legislature).
Jobs, while important, are not always the single best metric to use, though, for judging the actual health of the economy. So what about overall economic growth?
Yes, Texas has been growing for decades, as Bill White says. But it is just not true that Texas has always had higher economic growth than the rest of America. Let's look at some more Texanomics graphs of gross state product from the 1980s, 1990s, and 2000s:
Texas certainly grew in the 1980s, but not nearly as fast as many other states, including Ohio, Michigan, and California.
In 1994, Republicans won every single statewide elected office in Texas and have held them ever since.
In 2002, Republicans finally took over the Texas legislature and elected a Republican Speaker.
It's not just the partisan breakdown. It's what Texas did in the 2003, 2005, and 2007 legislative sessions. Sweeping tort reform, cutting government spending by billions, big tax relief, and unprecedented transparency in what government spends. Huge Rainy Day fund surpluses, one of the lowest debt burdens per-capita in America, the highest bond rating in state history, four new Congressional seats in this Census, one of the lowest bankruptcy and foreclosure rates in the country, and the healthiest job and housing markets in America followed.
The conservative Texas model is beating the liberal California model, and it's not even close; but it wasn't always that way, and it didn't happen by accident.
We don't need a liberal trial lawyer like Bill White to reverse tort reform, raise taxes, and otherwise make the Obama agenda easier to ram down our throats. We don't need the most mysterious liberal in the world running our state:
Texas is America's last best hope. Why ruin that?
Previous Trivia Tidbit: Government Growth.
Disclosure: I work for Texas Governor Rick Perry. As always, thoughts expressed on WILLisms.com are my personal thoughts.
Posted by Will Franklin · 7 October 2010 11:29 AM