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Tuesday, August 16, 2011

What the "Texas miracle" really means


Texas has always had numerous defense installations in the state and a large NASA infrastructure thanks to LBJ.

According to Brookings, Texas is the ranked third in the nation in 2010 with nearly $31 billion in federal expenditures.

Texas also benefits from the oil and gas industry which has created thousands of jobs. Yet Texan unemployment stands at 8.2 per cent.

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