Sure, the price of oil is part of the problem. But it’s not the only problem. And Greg Abbott and I are going to show you what I mean by that.
Texas Governor, Republican Greg Abbott tweeted: "Despite downturn in oil, Texas still added more than 166,000 jobs last year. More new jobs than the Waco population."
Now how did this happen? How did Texas create more jobs than Alberta shed last year, when we are both jurisdictions subject to the ebbs and flows of the energy markets? How are they outperforming us so much and so well?
I looked into all the ways Texas is doing things better than we are here in Alberta. From stable royalties, low tax rates, and embracing oil exports as a way to spur economic growth, Texas has it all figured out.
Texas is doing the opposite of everything Alberta is doing. And it's working. The job numbers prove it.
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Rachel Notley's Alberta NDP just announced a $3 billion a year carbon tax.
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