Houstonian boosters (a redundancy, I know) think there's more of the same to come. "One million people are coming here in this next decade," says Jeff Moseley, chairman of the Greater Houston Partnership. "That's the entire population of San Antonio."
Such projections of endless growth are characteristic of bubbles that are about to pop. But they're also characteristic of an area that finds itself uniquely situated to capitalize on the longstanding megatrends that are transforming the global economy. For now, Houston does not have a problem.
© 2008
Houston has done a great job of diversifying their economy. Bringing so much talent and intelligence seems to be working. I wish we could get some talent and intelligence in DC and save our economy. It is so insulting for Barbara Boxer and Nancy Pelosi constantly put down the honest hardworking men and women in the petroleum industry for political gain and financial reward from enviromental lobbyists. it is dishonest.
Blah blah blah. Are you reciting the catechism of your personal religion?
As the world's resources are strectched, and national economies adjust, Houston, Texas, and America will continue to float to the top. Americans are the most resilient, inventive, and self-reliant people on the planet. Every change to the world's economic status quo is just another opportunity for America to increase its market share and position of power. Politicians - stay out of the way!
MEDIA Just a year after buying The Wall Street Journal, the press rapscallion has revitalized the fusty paper.
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