Job gains by state.

According to Zero Hedge.  Texas outpaces, naturally.  Texas growth has averaged over 4% during the cycle, over twice the growth of New York.  That is not an optimum currency zone.

How did California and New York get those job gains? Hiring health care workers. That hiring is driven by Obamacare taxes, and taxes are rising at 8% a year!! 

This is so skewed, the 2016 Q1 recession almost certain.  Our current growth rate is under one percent according to the Atlanta Fed.  We are headed for a `1.5% GDP growth, YoY for 2015.  But look at the skew. If aggregate GDP growth is 1.5%, then the North East corridor, especially the Great lakes is seeing zero growth. The job losses show it.

How much longer will DC be seeing a 5-10% growth in taxes?  That is the mystery.