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Willisms

« Rick Perry's Amazing Texas Jobs Record. | WILLisms.com | Job Growth: Texas Still Dominating. »

Policy Matters: City Edition (Dallas Versus Detroit).

Trivia Tidbit of the Day: Part 949 -- Jobs, People, Income-

Two Texas metro areas, Houston and Dallas, lead the nation in new jobs over the past year:

The largest over-the-year employment increase occurred in Houston-Sugar Land-Baytown, Texas (+79,500), followed by Dallas-Fort Worth-Arlington, Texas (+48,800).

What makes certain cities win and other cities lose?

Cato knows:

In 1980, Austin, Texas, and Syracuse, New York, were roughly the same size. The Austin metro area had a population of about 590,000, and the Syracuse metro area had about 643,000 residents. By 2007, Austin’s population had increased by more than 1 million while Syracuse’s population had been stagnant. That same disparity exists when one examines the growth of employment and real personal income. Another disparity between the two areas is the tax burden. State and local taxes accounted for nearly 13 percent of personal income in Syracuse but only about 9 percent in Austin.
metroareas.gif
click image for larger version

Check out Dallas versus Detroit, Austin versus Syracuse, San Antonio versus Buffalo, and McAllen (TX) versus El Centro (CA).

You can also find the Cato study here.

A good visual of Dallas versus Detroit:

dallasdetroit1980versus2007.gif
click image for larger version

Between 1980 and 2007, jobs and income grew dramatically in Dallas, while you can see what happened in Detroit.

In 1980, Dallas and Detroit were similarly sized cities. By 2007, Dallas had grown dramatically, while Detroit actually lost population:

updownpopulationdallasdetroit.gif
click image for larger version

Go read the whole Cato study, and then try to tell me that policies don't matter.


-------------------------------------

Previous Trivia Tidbit: Texas' Truly Amazing Job Numbers.

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Posted by Will Franklin · 8 December 2011 04:32 PM

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