The evidence is clear that the Texas model of low taxes, no individual income tax, less regulation, and a good lawsuit climate promotes economic prosperity and individual liberty.
The roughly 60 percent drop in oil prices to around $40 per barrel since last summer and global economic weaknesses, including less exports to China, are drags on the Texas economy.
Texas’ 4.2 percent unemployment rate in July marks the 103rd straight month it has been at or below the U.S. average.
Spending one-time monies — like those in the reserve fund, on recurring expenses — like salaries, is never a good approach.
The minimum wage tends to hurt those it is intended to help.
The Texas Legislature should continue to take steps to limit spending, reduce regulation, expand trade globally, and cut taxes so that the success of the Texas model will continue to benefit all Texans.
Allowing freer markets to allocate resources with fewer international trade restrictions and pro-growth public policies that have been successful in Texas should be a model for other states and nations.
There’s a wave of dystopia infecting cities across Texas that one-size-fits-all wages will solve workers cries for a “living wage.” It’s not what you think though. Their proposals are to increase only municipal worker wages, they leave out private sector workers who apparently don’t matter as much. Or, maybe city officials understand the costs that...
Will [San Antonio] residents see a 13.3 percent increase in the value of their city service [after raising the minimum wage]? Probably not.
Having a job at any wage rate is better than being unemployed without wage income.
The 3 million workers earning at or below the minimum wage today, which is less than 5 percent of all workers paid hourly, deserve more than to be mandated toward unemployment and on the government’s dole.
In the Obama administration's telling, these numbers prove that liberal policies of spending, taxing, and regulating create jobs. Unfortunately, a closer look at the data shows otherwise.