Essay On Texas Economy

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The economy in Texas is very powerful for what it is. If the state would to be a lone country, it would have the tenth largest economy in the whole entire world. Texas is seen as the stronghold of keeping a very good economy to the United States of America. But that standard doesn’t have much citation as other states in America have done very poorly with their economy. But the debt in Texas has risen a lot since 2012 estimated to be $121 Billion. Throughout Texas’ history, cotton production has been extremely well known to do very good to raise money for necessities. It was only until the 20th century that Texas was the leader of cotton production. But it was in the 1920’s that the cotton industry had taken off to it’s peak point in the same …show more content…

They think that the government should be responsible for people that have a lower income compared to people with higher and can’t support themselves. They also believe that they should take care of health care costs and environmental services as a result of the people forced to pay for higher taxes. Also, they have problems like same sex marriage as well as if abortion should be politically authorized. These people just think that the government should be paying for everything. That the government should be paying for our problems. But in order for them to do any of this at all, they need the public to encourage them to fund all of these 3rd party activities/jobs. Liberals see the government as protection. They see them as protection from big businesses. These big businesses think that they have all the power and money in the world to mess up the already messed up economy, and compete with smaller native enterprises. When these bigger companies do this, they give the smaller enterprises no fighting chance in the marketing/money battlefield for trying to make a profit on what it is they’re trying to sell. And when all of this is happening, the government is financially supporting these bigger businesses to outcome free market’s and try to stay ahead of the game. If this continues, its said to be that “a lack of equality of opportunity will lead to an increase in private monopoly and therefore infringed liberty of