So, I decided to try out Texas... after winning the independence war against Mexico with help from the US I thought the most natural way was to let capitalists invest in the nation's industry.
While not new to paradox titles, I'm rather new to this one and I must have overlooked something because the one project my capoitalists started never gets going. It is funded to about £7.9/£1.1k (cement factory) and then the capitalists withdraw their funds, and start over again.
Here is what I've done to encourage industry:
First focus on clergy to get them above 2%.
Focus on bureaucrats to get them over 1%.
Start focusing a lot on education and administration, lowering national stockpile and military spending to basically 0 (to keep my budget in balance)
Then I start focus somewhat on capitalists to get the projects started.
I start lowering taxes for everyone but the poor.
Also I start to focus somewhat on craftsmen as well.
Also I have tariffs on 0%.
I understand the concept of the national bank and that POPs have to get luxury needs up
to invest there, the thing is that most people have their luxury needs partially filled (up to 30% in the middle and lower classes), except for the capitalists who have none of their needs filled (because they aren't doing anything, that is not too strange I guess). Yet the bank is empty even when i have managed to increase my population to 300k.
oh, and by the way Texas has the liberal party in power.
I'd be real grateful for help