From richard40 in the comments:
Its obvious he was trying to make a case that TX was broke, because lefties are getting sick of conservatives contrasting conservative TX good finances, with leftie CA and Il disastrous ones. I'm glad he failed.
There is a good lesson there. In the 60's, CA was a repub/libertarian leaning state, and was one of the most prosperous and innovative states in the country, while TX was governed by dems, and was much poorer. In the 90's CA shifted to being governed by leftist dems, and is now completely broke, while TX shifted to being governed by repubs, and is now prosperous. Not a very good testimonial for the benefit of governance by dems.
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