The Texas job economy earns Top State of the Decade Award from CNBC

Economic liberty is why the Lone Star State leads in job creation and in population growth over the last 10 years and why personal incomes have risen almost twice as fast in Texas compared to New York and well ahead of California.

That's also why Texas was recently named by CNBC as the Top State of the Decade, the "Top of the Tops" for business.

Restrained government, lower taxes, smarter regulations, right-to-work laws and litigation reform — these are the pro-growth economic policies that help free enterprise flourish and that attract major employers to Texas every day.

As the 10th-largest economy among the nations of the world and home to 50 Fortune 500 headquarters, Texas offers a business-friendly climate — with no corporate income tax and no personal income tax — along with a highly skilled workforce, easy access to global markets, robust infrastructure and predictable regulations. Texas offers a framework where innovation, technology and diverse industries thrive.

As a result, more Texans have jobs today than ever before. In fact, more Texans are working than 46 other states have residents.

CEOs who relocate to Texas cite the differences as night and day when it comes to the improved quality of life and good schools, along with the job-ready workforce. Lower energy costs, together with lower land costs and fewer land-use restrictions, mean lower operating costs for businesses and a lower cost-of-living for their employees.
There is more.

What I find surprising is the reluctance of blue states to adopt the successful Texas model.  States like California, Illinois, and New York keep on doing the same thing that is driving business and population from their states.  The high tax high regulation economy is making these states poorer.


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