Three Cheers For the California Miracle!

<a href="https://www.flickr.com/photos/jbouie/10664315506/in/photolist-hfnpsJ-fye9Xk-fye9Qg-fyeMbe-dmUvsq-fye9Zg-fye9S4-fysWos-dTfUex-dTmxsb-dTmxuE-hfno5o-hfnoMA-dTmxhy-dTmxbw-dTfU9i-dTmwZd-dTfU84-dTmxkq-dTfUG8-dTfUJR-fydcMi-fydcST-gHSaja-rvBLRK-poxWK6-rMhiSc-dTfUDz-dTfUvi-dTmxey-dTmx4E-fydcE2-fydcGz-fydcK6-4ghbFk-qnLuev-fysWgd-fydcPv-gbxrRw-rch6eM-rvvWsM-rcjjdP-re2fKE-rvuM4Q-qyQ5vB-rvuAk4-rvuVLt-rtj7J9-rebjye-rcj3oH"> Jamelle Bouie</a>/Flickr

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


Oh dear. Here’s some bad news for Ted Cruz on his very first day as an official presidential candidate:

For years, business lobbyists complained about what they derided as “job killer” laws that drive employers out of California. Rival state governors, notably former Texas Gov. Rick Perry, made highly publicized visits to the Golden State in hopes of poaching jobs.

But new numbers from the U.S. Bureau of Labor Statistics tell a different story. Total jobs created in the 12 months ending Jan. 31 show California leading other states. California gained 498,000 new jobs, almost 30% more than the Lone Star State’s total of 392,900 for the same period.

Them’s the breaks. There’s no more “Texas Miracle” for either Cruz or Rick Perry. We’re in the middle of a California Miracle right now.

So how is Sodom on the Pacific pulling this off? Actually, that’s pretty easy to answer. California was hit hard by the housing bubble, while Texas wasn’t. So California’s economy took a big hit during the recession and the slow recovery, while Texas did pretty well—aided and abetted by a rise in oil prices.

Now everything has turned around. California is rebounding strongly from the housing crisis while Texas is suffering from the global collapse in oil prices. There is, frankly, nothing very miraculous about either story. It’s just the business cycle at work in a fairly normal and predictable way.

In fact, you may recall that there was never much of a Texas Miracle in the first place. It was mostly just PR bluster, as the chart on the right shows. The thick green line shows the unemployment rate in Texas compared to its neighboring states, and Texas is right smack in the middle—and it always has been. It’s better than half a dozen nearby states and worse than another half dozen. It is, sad to say, entirely average. That’s not something Texans are likely to take kindly to, but numbers don’t lie.

WE'LL BE BLUNT.

We have a considerable $390,000 gap in our online fundraising budget that we have to close by June 30. There is no wiggle room, we've already cut everything we can, and we urgently need more readers to pitch in—especially from this specific blurb you're reading right now.

We'll also be quite transparent and level-headed with you about this.

In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

You're here for reporting like that, not fundraising, but one cannot exist without the other, and it's vitally important that we hit our intimidating $390,000 number in online donations by June 30.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. It's going to be a nail-biter, and we really need to see donations from this specific ask coming in strong if we're going to get there.

payment methods

WE'LL BE BLUNT.

We have a considerable $390,000 gap in our online fundraising budget that we have to close by June 30. There is no wiggle room, we've already cut everything we can, and we urgently need more readers to pitch in—especially from this specific blurb you're reading right now.

We'll also be quite transparent and level-headed with you about this.

In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

You're here for reporting like that, not fundraising, but one cannot exist without the other, and it's vitally important that we hit our intimidating $390,000 number in online donations by June 30.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. It's going to be a nail-biter, and we really need to see donations from this specific ask coming in strong if we're going to get there.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate