Saturday, November 2, 2013

Texas Is Booming - Blue States Are Declining

Every time this Blogger travels to Texas, I am amazed to see the new road and construction projects going on all over the state.   Clearly, Texas is booming because it is business and family friendly.  There is no personal income tax in Texas.  There is a very low Corporate Margins tax; but it does not come anywhere near the corporate income taxes in states like New York, California, Illinois and other Blue States run by Socialists.  Sales tax and property tax are about the same as many other states.  Gas is a dollar a gallon less than in California.  Utilities cost much less than in many blue states because of over regulation and requirements related to green energy.  In general, Texas is run by Conservative Republicans that implement lower taxes and less regulation and we see the end result; a booming economy.   The same story is true in many other Red states run by Republicans. 

Thirty years ago, there were about 250 companies with 5,000 employees or more headquartered in California and 80 located in Texas.   Today, that number has reversed as about 100 large companies are still headquartered in California and 225 are located in Texas.   And, of the large companies still headquartered in California, many have moved most of their operations out of state, or overseas to avoid California's high cost of living, taxes and regulations.  Texas should be the role model for the United States and would be if both Houses of Congress and the Presidency were controlled by Conservatives. 

Instead, Socialist President Obama is pursuing his goal to transform the United States into California and bankrupt Detroit City.  Obama and his Socialist pals in Congress keep pushing for more deficit spending, even higher federal taxes, more job killer regulations and big government programs that are destined to fail.   ObamaCare is really just the tip of the iceberg.   There are Billions of dollars of waste, fraud and abuse in federal spending.  And, since the Obama economy is not growing, more and more people are on the dole, which is difficult to reverse once ingrained. 

Obama and his Socialist pals in Congress all need to go to Texas to see what is possible with good governance based on Conservative principles of limited government, lower taxes, less regulation and economic freedom.   Obama's Socialist path is a road to misery, poverty and a lower standard of living for all Americans.   History is our teacher.   Socialism, Obama's ideology, has failed every where in the world it has been tried.  To stop our nation's decline, we have to take back our country to prevent the bankruptcy of the United States.  We have to implement the Texas model for our nation.  Time is running out. 

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