Posted by Tina
According to CNS News, the economy in Texas is booming while in the Democrat controlled state of California there’s nothing but gloom and doom:
(CNSNews.com) – Texas, the nation’s second most populous state, had the fastest growing economy in the nation in the first quarter of this year with its state GDP growing at a real annual rate of 3.9 percent, according to data released today by the Bureau of Economic Analysis.
By contrast, California, the nation’s most populous state, ranked 42nd out of 50 states for first quarter economic growth, with its GDP growing at a real annual rate of just 0.1 percent. …
… The Texas economy, according to BEA, was driven up by a boom in the mining sector and by a large increase in manufacturing. California’s economy was dragged down by the arts, entertainment and recreation; finance and insurance; retail trade; and agriculture, forestry, fishing and hunting.
California used to be a powerhouse of economic activity and opportunity in all of those failing areas…and in the service oriented businesses that grew in support of them.
Way to go Dems!