Economic Issues Facing Texas

Seminar paper from the year 2016 in the subject Business economics - Economic Policy, grade: 1, , language: English, abstract: Texas has emerged to be one of the most competitive states in the United States, especially with regard to its economic status. As such, it has attracted an enormous number of people who are seeking employment opportunities. It has also become a preferable hub for business investors, owing to its economic prosperity. Currently, demographic reports indicate the population of Texas to have increased to about 25 million, by 2010, and this population is projected to reach the 55 million mark by 2050 (Biar par. 1). However, the state is currently facing numerous public policy challenges.Therefore, this research paper will provide a critical assessment of the issues facing Texas, especially with regard to the education, budget and energy policies.