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Texas is America Inc's new centre of gravity

economist.com

31–40 of 136 posts

Re: Texas is America Inc's new centre of gravity

#31

[flagged]

I know, right? Prosperity, civil rights, an enormous economy leading the country and the nation, and fiscal policies that make rich assholes ostentatiously relocate. Just terrible!

Highest COL in the country, a lot of it due to regulations, zoning and prop 13 which prevent density and building. Paris has the same area as SF but 3X the population.

Re: Texas is America Inc's new centre of gravity

#33

Anticipating all the Texas hate comments, just gonna plant a flag and say I love living in Austin. This city rules.

Yep. It's a great city though I wouldn't live there due to the summers.

Honestly, the reflexive hate both Texas and California get on HN is ridiculous and a great way to filter out accounts to ignore.

There are valid criticisms to make for both, but if someone only criticizes and cannot point out or conceed positive attributes as well, it's best to just treat that account as a lost cause.

Re: Texas is America Inc's new centre of gravity

#34
post #7

> State officials are eager to supplant Delaware as America’s corporate-law hub. In 2024 they established the Texas Business Court, presided over by expert judges capable of handling even the most complex disputes. Last year the state also introduced a measure to allow firms to prevent shareholders with a stake of less than 3% from suing them, and another to let only large shareholders put forward proxy proposals. In…

Texas saw "one share one vote" and thought "that isn't exclusionary enough, we should disenfranchise retail shareholders altogether".

Re: Texas is America Inc's new centre of gravity

#36

Sounds like a whole lot of “companies can do whatever they want to without anyone else having a say in it”. Sounds amazing in the short term but a nightmare in the long term if you live there.

Honestly it sounds like a nightmare even in the short term, companies are well known for literally poisoning everyone around them when no one else has a say in it...

The low regulation and trend of news articles from Texas... it doesn't inspire confidence.

https://news.ycombinator.com/item?id=48249747 / https://reclaimthenet.org/texas-woman-arrested-for-facebook-...

https://news.ycombinator.com/item?id=48198551 / https://www.autonocion.com/us/tesla-lithium-refinery-texas/

https://news.ycombinator.com/item?id=44121178 / https://www.texastribune.org/2025/05/28/texas-fracking-water...

Re: Texas is America Inc's new centre of gravity

#37

Anticipating all the Texas hate comments, just gonna plant a flag and say I love living in Austin. This city rules.

Yep. It's a great city though I wouldn't live there due to the summers. Honestly, the reflexive hate both Texas and California get on HN is ridiculous and a great way to filter out accounts to ignore. There are valid criticisms to make for both, but if someone only criticizes and cannot point out or conceed positive attributes as well, it's best to just treat that account as a lost cause.

I have a mirror feeling about Chicago: very good city, but I wouldn’t want to live there due to the winters.

Geographic negative polarization has become far too entrenched in online discourse.

Re: Texas is America Inc's new centre of gravity

#38
post #17

Earlier quoted context omitted.

Yeah, they got rid of the smog. Just terrible.

And have increased their standing to the world’s fourth largest economy. Absolutely terrible.

The sixth largest, more likely. US dollar declined enough last year that Japan and the UK probably surpassed California again. And India is also getting close to California.

Re: Texas is America Inc's new centre of gravity

#40

As a gay dude I will never take a job in Texas. Companies may enjoy the lax regulatory environment and favorable tax laws, but there are many bright people who - for one of a NUMBER of reasons - will never move there. It is repressive and frightening. Who knows if that will be enough to move the needle on any of this, but companies aren't just buildings and incorporation paperwork, they're also the people.

People who "refuse to move" to Texas honestly have no idea what they're talking about. Yes, you probably wouldn't like it, but it's certainly not what you think it is. I grew up in Texas (mostly Austin), and later in life moved to California, and genuinely can't stand the navel-gazey "I've never been there but I know I'd hate it" type of attitude that prevails here.

Texas is a gerrymandered purple state, not a red state. It's just that the state is the California's bogey-man, because Californians don't actually want to face the fact that we have major problems with long-term affordability and the ability to build a life for middle-class folks (perhaps less appreciated by the disproportionately high-income folks on this forum). Every single urban area in Texas is now heavily aligned with the Democratic party, and the vast majority of those areas are affordable places to build a life and build wealth.

When I was growing up in Austin, it had the second highest per-capita gay population in America after San Francisco. Houston had a lesbian mayor. In many cities Spanish is the dominant language spoken. Texas cities are not some place where minorities have to fear for their safety.

The reason not to move to Texas is that it's a suburban hellscape, and you'll be stuck in traffic for more hours a day than you'd like to admit. I left after pushing for transportation alternatives at Austin City Hall, and the result of that traffic mitigation was an express lane down the highway. Texas is, in large part, following the development pattern of Southern California.

Austin, San Antonio, and El Paso are all lovely towns, full of vibrancy, amazing culture, friendly people, reasonable weather most of the year, wonderful food, and reasonable cost of living. Politics are an issue, but again, that all hangs on a 2%-5% swing in a census year, and the entire state could end up redrawn as 50-50 split. I just want folks on the American coasts to remember that a big part of why Texas is branded as "that really bad place" is exactly because folks on the coast refuse to look in the mirror and fix the problems of affordability, wealth inequality, and clean energy that Texas has addressed. Instead, they've made Texas a bogey man that is "very bad" so that you can't point to things like rapid development of housing and renewables as actually the way to fix affordability.

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