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POPSBragging on the Texas Economy Thank you Gov. Perry for staying out of the way. For the third straight year, the nation’s leading executives rank Texas as the best state in which to do business, applauding the state for controlling taxes and spending as well as for its positive regulatory burden, quality of life and infrastructure. (Chief Executive Magazine, January 2008) This ranking is significant because it is not based solely on arbitrary economic indicators. Instead, it reflects the sentiment not of CEOs and decision makers throughout the nation. Voicing the positive sentiment of many respondents, Charles Hannabarger, President and CEO of PSI Associates, said, "Texas has a strong economy with a diversified economic base. The cost of living is low and the quality of life is very good. The attitude and capabilities of the workforce are outstanding!”