Monday Feb 8 2010
THe US has seven states that are larger than the four countries getting so much publicity in Europe.
These states comprise 35% of the US population with 108 people. As the author says, CA has lost its housing, Michigan and Ohio their auto production, New York and New Jersey their financial base, hmm, the US can print money for them but one day they will have to do something different. Texas does not make the list in that Texas is energy independent, as he says, producing your own energy is close to printing money, and hey, it does not snow as it did in Wash DC this weekend. By the way has anyone heard from Al Global Warming Gore amidst the biggest snow storms in decades?
U 6 unemployment in Texas is 13.6% but Texas is not experiencing the problems of these other states.
Professor Elam 
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