The Office of Governor Rick Perry reports that Investors.com this week praised Texas as a real model for economic opportunity, saying “few states provide an economic environment that allows everyone an opportunity to succeed as does Texas.”
The editorial notes that Texas has powered the nation’s recovery from the recession, and that while Texas has created 1.1 million jobs since December of 2007, the rest of the nation has lost nearly 350,000. Texas has added close to 400,000 jobs in the past year alone at a rate nearly double the national average.
Texas’ proven formula of low taxes, fair courts, predictable regulations and a skilled workforce produces quality jobs, with over 55% of Texas jobs created falling within the top two wage statistical categories. The state has managed to accomplish this while keeping the unemployment rate under the national average for ninety-one consecutive months.