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.

THIS IS BIG

A generous board member just chipped in a $50,000 digital matching gift, and we need your help to make the most of it. Any donation you make online from now until September 30 will be matched dollar-for-dollar.

In an all-important election season, we’re reaching millions of Americans with fearless, kickass, truth-telling reporting.

With your support going twice as far, we can lead the way these next 60 days in showing the corporate media how to cover the unique danger that Trump represents and not make the same mistakes they did in 2016 and 2020.

Please help with a gift of any amount if you can right now. And know that it will be doubled—and that we’ll be so grateful.

payment methods

THIS IS BIG

A generous board member just chipped in a $50,000 digital matching gift, and we need your help to make the most of it. Any donation you make online from now until September 30 will be matched dollar-for-dollar.

In an all-important election season, we’re reaching millions of Americans with fearless, kickass, truth-telling reporting.

With your support going twice as far, we can lead the way these next 60 days in showing the corporate media how to cover the unique danger that Trump represents and not make the same mistakes they did in 2016 and 2020.

Please help with a gift of any amount if you can right now. And know that it will be doubled—and that we’ll be so grateful.

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