Monday, January 3, 2011

Dude, Is Texas Really Safe From This Economy?



Somebody told me that we should thank Rick Perry for the great Texas economy in this Great Recession. Maybe we are not doing so well after all.

"(T)o make comparisons between US states and ailing European countries, think of Texas as being like America's Ireland. Ireland was once praised as a model for economic growth: conservatives loved it for its pro-business, anti-tax, low-spending strategy, and hailed it as the way forward for all of Europe. Then it blew up." - TPM





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