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Monday, April 12, 2010

 
The California Death Spiral

Reason has a worthwhile seven-minute video and accompanying article.

At 5:33 the narrator notes which state is the top destination for people moving to another state: Texas. Note the TX-CA employment graph six minutes into the video - since the recession Texas' employment leveled off, while California's numbers nosedived by a little over a million. That's 3.8 percent of the state's adult population of 26.1 million (source).

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