Let the ‘rodeo’ begin… NYSE will now have some competition!!!
Texas has been in a battle for economic supremacy for decades. Under Gov. Greg Abbott’s leadership, the Lone Star State economy has grown from $1.59 trillion in January 2015 to $2.9 trillion in December 2025. Texas ranks second only to California’s $4.3 trillion GDP in these united states. Globally, Texas surpasses Russia, Italy, and Brazil when it comes to economic activity. According to the International Monetary Fund of 2025, the Texas economy outpaced eight of the top ten countries.
Politicians attribute Texas’s success to a competitive and predictable tax environment, as well as pro-growth policies and an entrepreneurial spirit inherent to the state. Toyota is moving Tacoma production to San Antonio. Samsung Electronics America dropped New Jersey for DFW. Tesla boot-scooted out of Delaware and into central Texas. Fifty-seven of the Fortune 500 companies are now based in the Lone Star State, but that’s not enough: Texas is coming for Wall Street itself.
Friday, July 10, 2026, marks the first day of public trading in the Texas Stock Exchange (TXSE). Banking on Texas brand identity and the want of a less burdensome path to public markets, the TXSE hopes to rival Nasdaq and the NYSE.
Full article, HERE from PJ Media. h/t Stretch
If you want more info on the TXSE, go HERE.
And since I’m a ‘man of a certain age’, I did my yearly trek up to OKC VA to get my dermatology checkup yesterday. Overall, went fairly well, four and a half hours BIS time to get up there and back, so I gave myself a little ‘gift’ when I stopped for gas…
It’s made by the Robertson Family, HERE, but you can also order direct from them and get the same quality jerky.
If you’re not familiar with it, it’s ‘old school’ jerky, tough, lean, and excellent! If you have any problems with your teeth, this is NOT the jerky for you!!!
I’m back to working on the next Rimworld, and hope…hope to be finished by the end of the summer.
And the Libertarian Futurist Society announced the 2026 Prometheus Award winner-
FOR IMMEDIATE RELEASE: July 9, 2026
LFS announces 46th Prometheus awards winners:
- J. Kenton Pierce wins Best Novel for A Kiss for Damocles
Congratulations to our friend J. Kenton Pierce and Raconteur Press (publisher)!!!
Thanks for stopping by, and stay cool out there. It was stupid hot yesterday, and today isn’t going to be much better!
I think by and large, Abbott has been an effective governor. Sending illegals to NYC and Chicago was an effective way to give others the difficulties in maintaining illegal aliens in your state. Abbott and De Santis both were men for Donald Trump presidency. I had no idea that Texas was going to go trading market but okay – why not !
Jerky – Yum ! With tough jerky, I just leave it intact in mouth infusing with saliva until it becomes softer, more pliable. Get more taste out of it too. I am missing a couple of back teeth but I will make do the best I can.
That ain’t Buc-ee’s jerkey!
If I were in Texas I would worry about where the water will come from to support growth.
ATK Remanufactured engines was based in Fullerton, CA starting in 1939. In 2006 they relocated to Grand Prairie. The CEO, Peter Butterfield, told us even factoring the cost of the move they saved $600,000 in their first year.
jrg- Good point!
Bill- Nope! MUCH better, IMHO.
WSF- Figures!
Good bye NYSE.
Buc-ees has remarkably good jerky too.
I’m no economist but calculating GDP seems a bit fraught to me.
First, GDP takes into account both income and expenditures…including state expenditures. State spending in California is significantly higher than Texas, so how much of the difference in GDP does that make up? A lot of that spending ends in debt so basically what that’s saying is that California is better at digging holes than Texas.
Secondly, it doesn’t factor in cost of living. It’s way more expensive to live in California than Texas so what would correcting for that factor do to the relative GDP?
I don’t think just raw GDP without factoring in other considerations is a valid reflection of the relative economic environments between the states.
I guess it’s important when you look at it in terms of “how much income tax can the federal government squeeze out of individual states”, but in terms of the living conditions of the residents, it doesn’t mean much.