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California Last in Jobs Creation

Texas isn't quite as good at creating jobs as Governor Perry would like to claim. I have calculated job growth per 1000 residents over the last economic cycle, from 2002 to 2009. Arizona, Utah, Washington and Virginia all beat Texas. As for California, the golden state lost jobs. Texas and California both have serious problems with education. Those two states and Mississippi have the lowest percentages of high school graduates in the country. Looking at bachelor's degrees, Texas is about average for the US, while California is somewhat above average. Colorado, Massachusetts, Connecticut, and Maryland have the most people with bachelor's degrees, while West Virginia has the fewest. California's leaders have slashed funding for schools and universities in recent years, so expect the educational situation to get worse. California wages are on the high side, while Texas wages are not particularly low by US standards. When you work out take home pay less taxes and housing costs, the two states are very close. I will guarantee you that the air quality in the Los Angeles basin is worse than anywhere in Texas, although few people complain about it. Texas benefits enormously from right-to-work laws. Right-to-work states lead the country in job creation. Living standards in California suffer enormously from high housing costs, which eat up all of the extra wages. With an expensive labor force of dubious quality, California is in deep trouble. The state is run for the benefit of aging hippies who bought houses many year ago and who are protected from property taxes by Prop 13. Young people face expensive homes, poor schools and expensive universities. http://schrodingerblog.blogspot.com/
— July 28, 2011 12:43 a.m.

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