U.S. Senator Ted Cruz (R-TX) today welcomed President Obama to Texas, where the President is scheduled to kick off his "Middle Class Jobs and Opportunity Tour."
"America is stuck with high unemployment and low GDP growth, so it's encouraging to see the President coming to Austin to talk about jobs -- perhaps he will learn how to create some from the folks who know how," said Sen. Cruz. "Texas is leading the nation in economic growth and job creation because of principled, conservative leaders who understand the keys to economic success are lower, flatter taxes, limited government and restrained spending. Texas has shown the country how it's done, and we hope the President will take some of these lessons back to Washington to bring true economic recovery to our nation."
Texas continues to outperform the nation in terms of economic growth and job creation. The state's unemployment rate has consistently remained below the national average, currently at 6.4 percent, compared to the national rate of 7.6 percent. Eight of the 15 fastest-growing large cities between 2010 and 2011 were in Texas. And as states with high spending and high taxes are losing jobs, Texas is gaining them. In fact, between 2006 and 2012, Texas gained one million jobs, while California lost 359,000 jobs. Additionally, Texas continues to receive national accolades for its robust business climate, most recently in a report released this week by Chief Executive Magazine, naming Texas the best state for business for the ninth consecutive year.