wow... @tedcruz is dunking on @LondonBreed @GavinNewsom & @chesaboudin
literally taking California's frontier philosophy of opportunity, creative destruction, competition, freedom & capitalism & claiming it for Texas
This is REALLY well done.https://twitter.com/SenTedCruz/status/1338618290151841794?s=20 …
It is ok Texas need this. There are counted days till Oil will no longer provide them a financial protection. I am glad that Austin is becoming an important tech hub for Texas and U.S.
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Oil production taxes would account for 6.1% of the budget, and 1.5% of Texas jobs. It’s important but not dependent.
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But it generate 9% of states GDP. For comparison for Norway this is 18%. So, I would say oil is a significant part of Texas economy.
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