Of all the states, Texas arguably has the most at stake in the debate over federal immigration laws. As one of only four states that shares a border with Mexico, Texas has a tremendous interest in border security, both in terms of public safety and the costs of illegal immigration. And as one of the few states whose economies are heavily invested in both high-tech industries and agriculture, Texas has much on the line when it comes to the flow of both high-skilled and low-skilled immigrants.
D.C. Doesn’t Just Spend Too Much Money, It Spends On The Wrong Things
Can you imagine China, Russia, or Iran spending trillions of dollars to remove any fraction of the carbon dioxide they’re pumping into the air? When corporations — and people — misallocate capital, they tend to suffer. Of course, whether capital is misallocated is sometimes only fully understood after the fullness of time. The People’s Republic...