The Economist says Texas model showing cracks

A thoughtful piece in the respected The Economist looks at the Texas boast in the past few years of outpacing all other states. It finds that the state's current budget problems is putting the theory of low-taxes and low-spending to the test. While creating some good job growth, the state's lean spending -- now that there's no money to keep up -- could leave the most vulnerable Texans in dire situations that would take the gloss off any state.
Hoppe: http://dallasne.ws/hHrUSs