California beats Texas in new ranking of state economies

California beats Texas in new ranking of state economies

California beats business arch-rival Texas by a wide margin in a new raking of state economies. Buoyed by high marks for innovation and overall economic activity, the Golden State ranked 4th nationally in the report released Monday by WalletHub. Washington state was first on the list, followed by Utah and Massachusetts. Texas, which has bought television ads to try to attract California companies, was a distant 12th. (Times of San Diego)

 

We have to work harder because our taxes are higher, same as Massachusetts.

 

It's not how big it is, it's how you use it that matters. (Tax, that is.)

 

WalletHub. Huh. Now there's a bastion of published economic research.