- Joined
- Dec 9, 2009
- Messages
- 134,496
- Reaction score
- 14,621
- Location
- Houston, TX
- Gender
- Male
- Political Leaning
- Conservative
and:
While Texas’s state government debt is relatively modest—just $40 billion, or $1,577 per resident—local government debt is more than four times higher: $192 billion. That’s $7,505 per capita, according to Combs’s report—the second-highest sum in the nation, behind only New York’s municipalities and far ahead of third-place California’s. Over the last decade, moreover, local debt has increased 144 percent, much faster than the rate of population increase plus inflation.
Deep in the Debt of Texas by Steven Malanga, City Journal Spring 2013
Wow, lived in this state for over 21 years and didn't realize how bad it was. Guess that could be because I don't live in the Dallas suburbs of Allen and thus don't pay for their debt nor do I live in Houston and am not paying for the Astrodome. Seems that people pick and choose where they want to live and know the tax structure and costs before doing so. Maybe that is another area you liberals can legislate, where people live.