Why not??
Originally Posted by EXTXOILMAN
Your entire argument is based on the premise that Texas is uniquely positioned to thrive after a collapse. I don't buy it.
And I don't discredit 20 years of GOP leadership in Texas. Texas is doing well because it has a good business environment and no income tax.
But that was true even under Democratic governors.
And in the late 80s and early 90s, the Texas economy went into the crapper in the wake of the savings and loan debacle, while other states like (OMG!) New York were barely affected by the real estate collapse. So, as I said before, Texas can't count on staying on top because it wasn't that long ago that it took a dive. How long did it take real estate in Los Colinas to recover? Have they completed that elevated tram yet that was supposed to run all the way out to DFW airport?
You say it is "debatable" that Texas would be wiped out along with the other 49 states even though our economies are inextricably intertwined.
Really? What part of that sounds debatable? How much money do individuals and businesses outside of Texas owe to Texas banks? If they get wiped out in another Great Depression, what happens to all of that Texas-based capital? If the US economy goes under, the rest of the world economy goes under - not just Texas. Texas won't have anybody to trade with - especially Mexico, which will be in even worse shape than the US once all of the money stops flowing south. There is nothing debatable about any of this.
We already saw how the Federal government had to bail out the big banks jsut to keep the economy running in low gear. If there is an even bigger collapse, is Texas going to be able to bail out all of those banks ALL BY ITSELF in order to keep the US economy running so it can trade with Texas.
Your "assuming" an entirely imaginary world and then arguing from your impossible assumptions that everyone will want to come down to Texas or not want to leave after secession. That's like devising a plan to pay off the national debt in 10 years by assuming the economy will grow at 20% a year for the decade and then demanding that I prove you plan wont' work based on your assumptions.
Good luck with that. It will be a Blade Runner world and Texas will be in chaos the same as everyone else.