Texas Trumps Torrance for Toyota
From the “Thank You Captain Obvious Files”…..higher worker’s compensation, cost of living, liability insurance, and taxes drive away business! I’m shocked, shocked I say!
Torrance, California can say, “ta ta” to Toyota as they drive off into the sunset of Texas. Why Texas? Well, I might pay attention to Texas since they have the highest JOB GROWTH IN THE ENTIRE DANG COUNTRY!
Texas is America’s fastest-growing large state, with three of the top five fastest-growing cities in the country: Austin, Dallas and Houston. In 2012 alone, total migration to Texas from the other 49 states in the Union was 106,000, according to the U.S. Census Bureau. Since 2000, 1 million more people have moved to Texas from other states than have left … Over the past 20 years, more than 4 million Californians have moved to Texas. From the book by Tyler Cowen: Average Is Over
Who knew a non-economics-but-not-a-lame-arse-liberal-arts-major like myself could muddle through such hard-to-grasp concepts like, “subsidize what you want more of and TAX what you want less of” better than, say every government entity in the entire state of California! I digress……
To read more about Texas job growth, click below:
Toyota leaves California<