Tuesday, March 11, 2014
The Texas Miracle
Great post on the Texas Miracle - link.
From the post:
"Sorry liberals, but there really is a Texas miracle, and it has nothing to do with “multipliers.” It is explained by the fact that working class people like to move to states with low living costs (due to flexible zoning), and businesses and high skilled professionals like to move to states with low income taxes. The working class cares more about the low living costs than the fact that Texas offers less expensive welfare programs than California. They come to Texas to work, not to collect welfare. The businesses bring them the capital they need to be productive workers."
Labels:
Economics
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