Texas governor Rick Perry is targeting California businesses

Quote from denner:

So AK47 has you on ignore now? Just like that coward Ricter who goes around spouting his Krugman-ism's.

In the past, I thought that Ak had the good sense to just copy and paste liberal talking points, in between his creepy obsession with grouping together dozens of quotes and posting them repeatedly (in case anyone doubted that he spends all day and night obsessing on this site). But now that he is trying to debate economics I can only laugh. The guy is so far out of his element, it's almost pathetic.

To try and even argue in favor of Illinois and California and their business climate is patently absurd. Both states are the bottom of the barrel for credit ratings and are failed experiments in liberalism "gone wild".

+ almost 10,000
 
Quote from AK Forty Seven:

I see your little buddy tsing is still clueless .Maybe one day he will figure out why CA and IL have 2 out of the 5 biggest economies in the country



Your data is 6 years old, from 2007.

It takes a good decade for the slide from a good state to a bad state. A decade for companies to make their move.
 
Quote from Mercor:

Your data is 6 years old, from 2007.

It takes a good decade for the slide from a good state to a bad state. A decade for companies to make their move.

2010 merc







BTW,The big cities that businesses go like Houston,Dallas,Austin and San Antonio all have democratic mayors and the entire state will be blue soon
 
Quote from AK Forty Seven:

I see your little buddy tsing is still clueless .Maybe one day he will figure out why CA and IL have 2 out of the 5 biggest economies in the country

What a dumbass. It's the growth and business friendlyness of the economy, stupid. You don't understand crapola, waterboy.

<a href=http://www.alternet.org/story/152187/the_10_states_with_the_best_economies_in_america>The 10 States With The Best Economies</a>
 
Quote from pspr:

What a dumbass. It's the growth and business friendlyness of the economy, stupid. You don't understand crapola, waterboy.

<a href=http://www.alternet.org/story/152187/the_10_states_with_the_best_economies_in_america>The 10 States With The Best Economies</a>

No,its GDP dumb ass
 
Quote from AK Forty Seven:

No,its GDP dumb ass


Another dumb ass statement from the ET troll. :D




<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3736688 width=600 height=60>
 
People are moving south to retire. They're taking their savings with them, and that's stimulating those economies. No "low tax" miracle there. How many moving to N. Dakota?
 
Many of the jobs being created in California right now are low-paying, often minimum wage. The best jobs, called STEM jobs (science, technology, engineering, mathematics), are leaving the state.

The article below documents the changes in population and employment in California, and shows why the state's in so much economic trouble.

http://www.newgeography.com/content...phic,+and+political+commentary+about+places%2

Also, people like to talk about California's large GDP. It's large simply because it has the largest population of any state in the nation. But California's GDP "per capita" has slipped from 5th in the country in the 1980s to 11th, soon to be 13th as it gets passed by Minnesota and Maryland in the next few years.

In the 1970s, California was the 5th best educated state in the nation. Now it's 23rd, highly correlated with the drop in per-capita GDP.

On a brighter note, California no longer has the worst credit rating in the nation. That title now belongs to Illinois.
 
Quote from tomdavis:

Many of the jobs being created in California right now are low-paying, often minimum wage.

Same thing with Texas


http://money.cnn.com/2011/08/12/news/economy/perry_texas_jobs/index.htm



But that doesn't mean that all is well with employment in the Lone Star State. Texas leads the nation in minimum-wage jobs, and many positions don't offer health benefits. Also, steep budget cuts are expected to result in the loss of more than 100,000 jobs.

Perhaps most importantly, Texas can't create jobs fast enough to keep up with its rapidly growing population. Since 2007, the state's number of working-age residents expanded by 6.6%, nearly twice the national average.
 
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