Government spending crowds out private sector spending, diminishing the private economy’s rate of growth and costing Texans jobs. In other words, increased government spending makes citizens poorer because it takes their money now, while also reducing their future income and employment prospects. This fact is at the heart of the debate about whether or not Texas should accept federal stimulus money.
Running Dry: South Texas’ Water Crisis
Farmers slowly dig up their losses and face the unsettling reality that their parched dams, once a reliable water supply for irrigation, will not be replenished. These hardworking, multi-generational Texas farmers are no strangers to the ebbs and flows of the seasons. But when a crop that the Rio Grande Valley has depended on for...