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Texas is another one. Created more jobs than all 49 other states combined. Actually, majority of other state lost jobs.
by avty 13y ago
Texas is another one. Created more jobs than all 49 other states combined.
Actually, majority of other state lost jobs.
- altcognito 13y agoDue to a huge population influx for an already large state. Absolute numbers are generally a bad way to measure. Most of those are from non-US migration as well (as the article indicates) http://www.cbpp.org/cms/?fa=view&id=3739 http://www.cbpp.org/cms/?fa=view&id=3739
- greenyoda 13y agoIf it's true that the majority of other states lost jobs (as the parent comment claims), then Texas would have also created more jobs per capita than most other states (since a positive number, no matter how small, is greater than any negative number).
- lutusp 13y ago> ... since a positive number, no matter how small, is greater than any negative number ... Strictly speaking, not "greater", which is an absolute measure, but more positive. -1 is absolutely greater than +1/2, but +1/2 is more positive than -1. Magnitudes don't have signs.
- icebraining 13y agoThat seems an odd definition of "greater"; why do you say it's an absolute measure? I'm no mathematician, but at least Mathematica disagrees with you (Greater[-1,1/2] returns False).
- lutusp 13y agoConsider a polar vector, which possesses a magnitude and one or more angles. For such a vector, the magnitude is always positive, on the basis that it is defined this way when shaped from Cartesian elements: m = sqrt(x^2 + y^2 + z^2 ...) In this convention, for any given value of m, the signs of the individual components are lost in the conversion, which means when discussing magnitude, only the absolute value of m matters. But, because Mathematica has a "Greater[]" function, and because that function simultaneously uses the word I chose and pays attention to scalar signs, I must be wrong about this. > That seems an odd definition of "greater" ... I respect the people behind Mathematica, so I have to agree -- it's not what I thought. I should have qualified what I said more carefully.
- toomuchtodo 13y agoUnfortunately, the majority of those jobs are minimum wage jobs: http://money.cnn.com/2011/08/12/news/economy/perry_texas_jobs/index.htm http://money.cnn.com/2011/08/12/news/economy/perry_texas_job...
- _delirium 13y agoDon't forget that those minimum-wage workers pay one of the highest state/local tax rates in the nation for their income level: Texas taxes its poorest quintile 12.6% of their meagre incomes through its various taxes, the 6th-highest rate in the nation. http://www.washingtonpost.com/blogs/govbeat/wp/2013/09/21/the-state-that-taxes-the-poor-the-most-is-a-blue-one http://www.washingtonpost.com/blogs/govbeat/wp/2013/09/21/th...
- greenyoda 13y agoStill, even after taxes, a minimum wage salary probably goes a lot farther in Texas than in a place like NYC or SF, where the cost of living is much higher. And having even a minimum wage job puts you a lot closer to getting a higher-paid job than being on welfare, since it gives you a work history and references.
- nhebb 13y agoThat's why I've never been a fan of sales taxes over income taxes. Texas, and the other states listed in that piece, don't have an income tax but instead rely on a sales tax and excise taxes (alcohol, tobacco, and gas) for revenues, which are all very regressive.
- eru 13y agoJust add a basic income, and it balances out, again.
- techsupporter 13y agoBut an income tax is seen as a creeping evil, perpetually siphoning money away from the pockets of the citizens who worked and toiled for that hard-earned dollar. Instead, a sales tax fits more with the public's idea of a "fair" tax because it's like a "user fee," you only pay it if you use it. Don't want to pay sales tax? Easy, have Internet access and dodge it by ordering online, or just don't buy something. Don't want to pay income tax? Die.
- vacri 13y agoIf the majority of other states lost jobs, then it's quite feasible for any state with positive job growth to have created more jobs than the rest combined. edit: It's also feasible for the state which lost the most jobs, to still not have lost as much as all the other states combined.