The Texas Miracle Is A Tall Tale

Republicans won't shut up about the "Texas Miracle", that the state created 126,000 jobs since President Obama took office, tops in the nation.  But something very interesting happens if you factor in the total number of jobs created compared to the total growth in the labor pool:



That's right. Texas added 126,000 jobs...but its labor force grew by almost three and half times that. What Texas really ended up doing was add nearly 450,000 people to the labor pool...and less than a third of them found jobs.

Texas, in other words, added 300,000 unemployed people to the country's rolls since President Obama took office...putting them dead last in the nation on that count.

Texas Miracle my ass.