Texas also has one of the highest poverty rates in America. It's one of the worst in healthcare coverage for it's population. As for all those jobs created. Most of them were either government or in the service industry. Only a small percentage were related to manufacturing.
Texas remains the top state for business and California still holds the title for the worst, according to an annual ranking of states by Chief Executive magazine released on Wednesday.Full article
Chief Executive each year surveys CEOs and asks them to grade states in which they do business. This year 650 responded, giving Texas high marks "foremost for its business-friendly tax and regulatory environment," a report on the survey and ranking said on the magazine's website.
"Texas easily clinched the No. 1 rank, the eighth successive time it has done so," the report said. "California earns the dubious honor of being ranked dead last for the eighth consecutive year."