Otcbargains Playground

[StephanieVanbryce]

.......here's a couple more on Texas..I'm too lazy to post them here .. ;)

TEXAS - 2011 Budget Shortfall
http://www.texastribune.org/texas-taxes/2011-budget-shortfall/

-------------

So why haven't we heard more about Texas, one of the most important economy's in America? Well, it's because it doesn't fit the script. It's a pro-business, lean-spending, no-union state. You can't fit it into a nice storyline, so it's ignored.

But if you want to make comparisons between US states and ailing European countries, think of Texas as being like America's Ireland. Ireland was once praised as a model for economic growth: conservatives loved it for its pro-business, anti-tax, low-spending strategy, and hailed it as the way forward for all of Europe. Then it blew up.

This is the sleeper state budget crisis of 2011, and it will be praised for doing great, right up until the moment before it blows up.

http://www.businessinsider.com/texas-state-budget-crisis-2011-1#