The economic debate currently raging across the United States and, in a broader sense across the world, is between the advocates of freedom and opportunity and those who favour government intrusion and overregulation.
To understand the consequences of opting for this second category, it might be helpful to look at California. Texas vs. California has developed into the standard comparison in the American version of this enduring debate.
Texas, of which I am Governor, represents “red state” values: states that embrace the value of competition and the need for personal freedom. California stands as the “blue state” representative: dedicated to…
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