Best State for business in 2020

Discussion in 'Economy' started by Lonestar_logic, Jul 15, 2010.

  1. Lonestar_logic
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    Lonestar_logic Republic of Texas

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    And the winner is.....................TEXAS!!!

    The Lone Star State is No. 1 again—upsetting Virginia for the second time in three years— with their highest overall score in the history of our study.\

    Texas powers past the tough times on the strength of its economy—top-ranked in our Economy category four years in a row. The Texas economy is the 15th largest in the world, according to government figures; larger, for example, than all the Scandinavian nations combined.

    The Lone Star State is home to 64 Fortune 500 companies, more than any other state, in a wide variety of industries. So while the state’s last win in 2008 came with oil at a record $145 a barrel—a natural tailwind for the largest industry in Texas—the state managed to do even better this year despite the fact that oil is trading at roughly half that price.

    Texas has also managed to avoid the worst of the real estate crisis, according to reporter Ashanti Blaize of KXAS-TV. “While in other major cities we’ve seen condo high-rise projects either slowed or come to a screeching halt, in Dallas we've seen an influx of some of those projects,” says Blake.
     
  2. KMAN
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    KMAN Senior Member

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    What???????? It's not California????? Or New York???????

    Wonder why?????
     
  3. Douger
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    Douger BANNED

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    Last edited: Jul 15, 2010
  4. Mr. H.
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    Mr. H. Diamond Member

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    The Gulf drilling moratorium will do irreperable harm to Texas. Wait for it...
     
  5. Mr Clean
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    Mr Clean Gold Member

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    Not surprising considering it's proximity to all that cheap immigant labor.
     
  6. American Horse
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    American Horse AKA "Mustang"

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    Bottom five
    46 - West Virginia (think Robert Byrd)
    47 - Nevada (think Harry Reid)
    48 - Hawaii
    49 - Rhode Island
    50 - Alaska

    Top five
    1 - Texas
    2 - Virginia
    3 - Colorado
    4 - North Carolina (unlike WV (see #46)which depended on Robert Byrd for government money, N.C. with a coalition of business leaders, educational leaders, and government set up the Research Triangle Park, which has translated that coalition into wealth for its citizens and a booming economy in normal times)
    5 - Massachusettes
     
  7. rdean
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    rdean rddean

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    Cheap labor - the key to success.
     
  8. topspin
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    topspin BANNED

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    Texas has some of the best property values in the country for the buyer.
    Great Cities, Houston , Auston , Dallas, San Antonio and many more.

    Next to Louisiana they have some of the hottest woman in the country. Their economy is way better than ours by light years. I'd still be there if I didn't get a chance to come back home post Katrina.
     
  9. Modbert
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    Modbert Daydream Believer Supporting Member

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    2020? Where's my hoverboard? :eek:
     
  10. Mini 14
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    Mini 14 Senior Member

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    Half the women you see in LA are men.
     

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