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If Rick Perry gets into the race expect him to compete favorably against Romney on job creation and run on these factoids.
"From June 2009 to June 2011 the state added 262,000 jobs, or half the USA's 524,000 payroll gains, according to the Federal Reserve Bank of Dallas and the Bureau of Labor Statistics. Even by a more conservative estimate that omits states with net job losses, Texas' advances make up 30% of the 1 million additions in the 34 states with net growth."
1. Texas payrolls have risen 2.9 percent since the end of the recession. (ranks third among states). USA growth for the same period 0.4 percent.
2. Unemployment 8.2 percent. USA unemployment 9.2 percent.
3. Where is the growth? In this order: Natural gas, oil, mining; professional and business services; education and healthcare; leisure and hospitality.
4. Why Texas?
a. Governor (10 years) focused on creating pro-business friendly environment: Developing a skilled workforce by requiring additional public school classes and pushing through tort reform to limit frivolous lawsuits. The state spent money to offer grants and investments to recruit out-of-state companies and for Texas business expansion. Targeted: states with high business taxes, personal taxes or heavy regulation.
b. No individual or corporate income tax; minimum regulation.
c. Reasonable cost of living means people can live better on lower salaries. Lower salaries mean Texas can more easily compete in global economy. Low wage jobs better than no jobs. Right to work state. Low labor costs. Easier for big corporations to recruit people to work there from other states.
d. More oil exploration and production because of high oil prices.
e. Exports up 21 percent in Texas - US exports 15 percent same period.
f. No housing boom/no housing crash. Texas banks didn't approve risky mortgages. Texas law limits mortgage debt.
g. Population growth. Half by birth. Half by state to state migration. More people moving there for jobs. More consumer demand for products/services.
There is a lot more meat in the article but it seems to me, if Perry gets in the race, Romney is going to have a hard time besting him on the issue of "jobs." If you are of the mind that it isn't entirely the governor's doing, then it works that way for both candidates.
The government can't, nor shouldn't attempt to "create jobs". Job creation should come naturally with the recovery of the economy. By trying to control the free market you're basically throwing gasoline on a wall and lighting a match, hoping it lights, spreads, and burns for a long time....but you really can't "control" the fire.
I always think of "job creation" as more government jobs. More government inefficiency and more government bureaucracy. I the government has it's hand in it, it's ruined.
The government can't, nor shouldn't attempt to "create jobs". Job creation should come naturally with the recovery of the economy. By trying to control the free market you're basically throwing gasoline on a wall and lighting a match, hoping it lights, spreads, and burns for a long time....but you really can't "control" the fire.
I always think of "job creation" as more government jobs. More government inefficiency and more government bureaucracy. I the government has it's hand in it, it's ruined.
Exactly. We don't need a president that wants to control the markets. We need a president that wants to get out of it completely.
I believe Texas also has a huge advantage of having a lot of natural resources.
If Rick Perry gets into the race expect him to compete favorably against Romney on job creation and run on these factoids.
"From June 2009 to June 2011 the state added 262,000 jobs, or half the USA's 524,000 payroll gains, according to the Federal Reserve Bank of Dallas and the Bureau of Labor Statistics. Even by a more conservative estimate that omits states with net job losses, Texas' advances make up 30% of the 1 million additions in the 34 states with net growth."
1. Texas payrolls have risen 2.9 percent since the end of the recession. (ranks third among states). USA growth for the same period 0.4 percent.
2. Unemployment 8.2 percent. USA unemployment 9.2 percent.
3. Where is the growth? In this order: Natural gas, oil, mining; professional and business services; education and healthcare; leisure and hospitality.
4. Why Texas?
a. Governor (10 years) focused on creating pro-business friendly environment: Developing a skilled workforce by requiring additional public school classes and pushing through tort reform to limit frivolous lawsuits. The state spent money to offer grants and investments to recruit out-of-state companies and for Texas business expansion. Targeted: states with high business taxes, personal taxes or heavy regulation.
b. No individual or corporate income tax; minimum regulation.
c. Reasonable cost of living means people can live better on lower salaries. Lower salaries mean Texas can more easily compete in global economy. Low wage jobs better than no jobs. Right to work state. Low labor costs. Easier for big corporations to recruit people to work there from other states.
d. More oil exploration and production because of high oil prices.
e. Exports up 21 percent in Texas - US exports 15 percent same period.
f. No housing boom/no housing crash. Texas banks didn't approve risky mortgages. Texas law limits mortgage debt.
g. Population growth. Half by birth. Half by state to state migration. More people moving there for jobs. More consumer demand for products/services.
There is a lot more meat in the article but it seems to me, if Perry gets in the race, Romney is going to have a hard time besting him on the issue of "jobs." If you are of the mind that it isn't entirely the governor's doing, then it works that way for both candidates.
I'll vote for Perry when private-sector wages rise to the national average. Right now, they're 5% below.
Low cost of living and average wages are good selling points. Low cost and sub-par wages, not so much!
Last edited by SyraBrian; 07-27-2011 at 02:33 PM..
I'll vote for Perry when private-sector wages rise to the national average. Right now, they're 5% below.
Low cost of living and average wages are good selling points. Low cost and sub-par wages, not so much!
I somewhat disagree with you: lower than average wages and lower than average living do go together: average wages and average cost of living also go together.
Texas ranks 44th in the USA in per-student expenditures and 43rd in high school graduation rates, McCown says. Seventeen percent of Texans lived below the poverty level in 2009, compared with 14% for the nation. The state leads in the percentage of the population with no health insurance and was ninth in income inequality in the mid-2000s, the latest data available, according to McCown and the Economic Policy Institute.
Additionally, Texas has by far the largest number of employees working at or below the federal minimum wage ($7.25 per hour in 2010) compared to any state, according to a BLS report.
In 2010, about 550,000 Texans were working at or below minimum wage, or about 9.5 percent of all workers paid by the hour in the state. Texas tied with Mississippi for the greatest percentage of minimum wage workers, while California had among the fewest (less than 2 percent).
About 300,000 of the new Texas jobs were in government. Well over half of them, fueled by the surging population, were at public schools. Employment in the state's public sector has jumped 19% since 2000, compared with a 9% rise in the private sector.
Now layoffs loom. State budget cuts, championed by Mr. Perry to address a big budget shortfall, are prompting school districts around the state to lay off hundreds of teachers and other workers going into the school year starting next month.
The layoffs haven't shown up in federal data, but some economists forecast they may damp the state's vaunted economic growth. And many more jobs are likely to disappear over the next two years as a result of about $15 billion in state budget cuts.
Wonder how many of those new private sector jobs are going to the illegal aliens that Perry loves so much? Oh, you didn't know? Perry is a huge panderer to the illegal immigrant. It was on his watch that illegals have reduced in-state college tuition. Go Team!
The same thing has happened out here in California as well, where illegals get to attend our universities for the same rate as any other state resident.
Cant wait for Perry to jump in. He's been riding the train in Texas for to long.
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