California versus Texas: The Verdict is in. Stuff we know already:
- During the last 18 months before the current recession took hold, while the country as a whole was still creating jobs, more than half of those jobs were created in a single state: Texas.
- Texas students "are, on average, one to two years of learning ahead of California students of the same age," even though per-pupil expenditures on public school students are 12% higher in California.
The moral of the story is simple: The high-tax high-spending California government is a bad deal for the state, and the people are voting with their feet on it, with net outmigration from California and net in-migration to Texas.