Governor Rick Perry (R) and his Lone Star State legislature put a whoopin’ on the Trial Lawyers Association this week in passing the nation’s first “Loser Pays” law to address job-killing law suits of the kind New Yorkers see promoted ad nauseum in subway cars and on late night television ads. The 1-800-SUE-THEM (that’s an actual number) trial lawyer gang spent $13 million in Texas trying to beat back the legislation, yet the Texas Senate voted 31-0 to pass the reform. Texas is now considered the best state for business growth in America.
Other states are now pursuing similar legislation in an effort to free businesses from shake-down lawsuits, according to this National Review story today. They include Alabama, Florida, Oklahoma, South Carolina, and — this one should be a shot across the bow to New Yorkers — Pennsylvania.
If Pennsylvania passes such a bill, people living on 33rd and Third in Manhattan may not immediately feel it, but those struggling to attract jobs to Western New York will. In an instant. Reform is catching fire in states around the U.S. and New York will either catch up or fall further behind. It’s that simple.
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