February 27, 2021
Long road to recovery: effects of devastating winter freeze to haunt Texas for years
But after witnessing a total collapse of the state’s infrastructure, corporations that need reliable sources of power and water to fuel their operations may rethink making the move, unless those concerns are somehow alleviated, warned Lloyd Potter, the Texas state demographer and a professor at the University of Texas at San Antonio.
That subsequent loss of high-paying, high-skilled jobs would deal a blow to Texans across the board, Potter said, but especially to those who are lower on the socioeconomic spectrum.
“In terms of magnitude and severity, [this] was, you know, more than anything we’ve experienced historically,” he said. “The fallout of not addressing it would be potentially pretty, pretty strong.”