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California vs Texas during the recession

April 13, 2010

This Reason.tv video highlights the different economic outcomes between California and Texas during the recession.

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One Comment
  1. April 13, 2010 6:35 pm

    Interesting video… it goes to show you what happens when you bribe people with their own money, or worse… with other people’s money.

    I always dreamed of living in California one day myself, but today the price of doing so just seems far too high. The problem is there aren’t too many alternatives today. In Asia, there are free trade zones and a variety of countries to choose from; but if you don’t want to move to Asia and you are a native English speaker, then where do you go? Where are our free trade zones in the western hemisphere? Where are our small city states that would love to have capital and talent flow to them? They don’t exist… and that is what we are missing.

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