Wednesday, April 30, 2014

The Economy - Texas

Texas just scored a major victory in that it lured Toyota to move it's HQ from Torrance CA, to Plano TX. Not surprised since California is the poster child for how to kill the goose that laid the golden eggs. It is interesting to see what the media is writing and reporting. I have seen several stories on "Texas is not as good as it seems". I have to laugh because all the things they are reporting as "bad" are the result of growth. So is it better to have growth related problems (Texas, North Dakota) or problems that are the result of decay and mismanagement (California, New York)? I will take growth related problems any day since they are the ones you can fix. Problems from decay and mismanagement are almost impossible to fix (Detroit?).

What do you think?