Texas’s latest boom is its biggest yet
The state is sucking in people, companies and federal spending

THIS APRIL will mark 45 years since “Dallas”, a hit soap opera, first aired. The show, with its greedy oilmen, sun-soaked cattle ranches and lilting drawls, introduced the Lone Star State to the world. But it’s not just the big hair and grainy resolution that make “Dallas” seem dated today. It is also the Dallas skyline.
This article appeared in the Briefing section of the print edition under the headline “The lodestar state”
Briefing
March 18th 2023
From the March 18th 2023 edition
Discover stories from this section and more in the list of contents
Explore the editionThe transactional world Donald Trump seeks would harm not help America
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Donald Trump is a reckless president, but not yet a lawless one
He has yet to flatly defy a court order, which would initiate a constitutional crisis

America’s military supremacy is in jeopardy
To win future wars it needs new weapons, new suppliers and a new system of procurement
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And they are growing fast
Even in India, bureaucracy is being curtailed
Many small steps could make a big difference
Many governments talk about cutting regulation but few manage to
Yet radical deregulation is often a big boost to growth