How Texas can improve its chances for post-pandemic economic recovery
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2 Jul 2020
Texas’ pro-business climate has made it an ideal place for investment. Powered by the oil boom, technology and life sciences, our economy topped more than $1.9 trillion in the fourth quarter, according to the Bureau of Economic Analysis, making it among the largest economies of the world.
As recently as December 2019, our statewide unemployment rate, according to the Texas Workforce Commission, was at an all-time low of 3.4%. Naturally, we assumed that all was well and that we could simply grow our way out of any problems that might come up. Our complacency, and, at times, our willingness to put politics before pragmatism, was a privilege of affluence.
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Communities across the country have responded to the COVID-19 crisis by implementing various stages of stay-at-home practices and shutdowns of nonessential businesses. While those practices seem to have directionally reduced the feared spikes, they leave less money for local governments to pay for expected services such as public safety, trash...
AUSTIN, Texas — As state leaders begin to restart the Texas economy, policy experts from the Lyndon B. Johnson School of Public Affairs at The University of Texas at Austin and the Hobby School of Public Affairs at the University of Houston have issued a nine-point playbook with their vision for rebuilding a more...
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In the interstate economic-development wars, few rivalries can match the long-running one between California and Texas. At a time when so many Americans have such sharply divided attitudes on the proper role of government, these states illustrate the extremes. They're both also thought to be, in their own way, models...