Rick Perry on how to grow an economy

Ok…read this article. Rick Perry: Follow the Texas model of success

If you disagree with him, you can respond to this article in two ways:

  1. either he has his facts wrong or
  2. his facts are accurate but his interpretation of those facts is incorrect.

Which is it?

  1. Oil
  1. He’s being disingenuous.

To be clear:
3. Oil

Texas. Fair courts.

:dubious:

Have you seen our Education system here? How about the giant masses of people that are uninsured?

He talks about “Fair Courts”, now this is code to business. It means “We have largely gutted the civil law system, so don’t worry about getting sued here. If they can sue you they won’t get much.”

He argues that “Texas created 3 out of 10 jobs over the past few years”(inexact). Well, truth is we never had a deep recession here and mostly there was no housing bubble. We have abundant cheap land. Where do you think jobs are going to migrate to?

Do not worry, young Mr. Galt though, I like almost 1 in 5 Texans lives in Houston(Area) and like other Texas cities are growing like crazy, with Hispanics and dispossed Liberals. We have a openly Lesbian Mayor, a strong Progressive History and a sh*tton of money.

We get a new census in 7 years. Game on.

I plan on watching the 2020 Election returns and watching Texas turn blue for Hillary"s Re-Election :eek:

Capt Kirk

I am ready to get my user name back

How about you summarize it instead?

Having seen the other posts in the thread, I’d say OIL, and the fact that the majority of jobs created there have been part time and low wages. Sure is easy to cite numbers when you don’t have to peek behind the skirt and see whats in it.

His fact about Texas creating 3 out of 10 jobs is true.

However how much of that is due to conservative policy I really don’t know. How much of it is natural resources. Texas oil production has doubled in the last few years.

Texas also avoided the housing bubble and bust, as a result the recession wasn’t nearly as bad there. The boom in natural resources (oil and gas) is a big part, but Texas avoided the housing bust that drove the global economy into recession.

http://mjperry.blogspot.com/2010/07/how-texas-avoided-great-recession-and.html

So yes Texas is creating jobs. However how much is due to deregulation is up in the air. You can’t say ‘its all taxes and regulation’. How much is the lack of a housing bubble, how much is a boom in natural resources, what % of jobs are low paying and dead end, etc.

What is being Pitted here?

Nice.

“And Texas is tied with Mississippi for the highest percentage of hourly workers paid at or below the minimum wage.”

“Texas’ unemployment rate — while still below the national average — is now higher than that of 26 states.”

" Texas has the highest percentage of residents lacking health insurance — 26 percent — among U.S. states."

Yeah, totally awesome economy you got there, Texas. If it weren’t for Oil, you’d be Mexico.

cornopean sooner or later.

Soon enough you will be Mexico.

The answer is oil.

Our infrastructure (water, roads, etc) is fragged in the next couple decades unless we come up big with money.

The state budget was also fucked a couple years ago due to a botched transition in property vs business taxes and wishful conservative thinking.

What saved it? Oil. Or rather gas. The sudden oil boom led to windfall tax income.

Note that there’s nothing that’s changed about the underlying problems.

Governor Goodhair can stick a pine comb up his rear end.

Disclaimer: I live in Texas and work in the oil/gas industry.

I think you should also read this article

Nothing. cornopean just knew that any thread he opened would end up in the Pit anyway, if it was allowed to remain open.

It is not cool to start a thread without giving a synopsis of the information and offering your take on it. Thence a discussion begins.

I feel like Cornopean is the worst college professor on the planet and I’m stuck in his class.

nm

The reason is oil. Also, Rick Perry has a fine disregard for the truth, in most cases. He tends to use his political office to hand out plums to his buddies, or to anyone who’s willing to make a political donation.

He does have nice hair, though.

Perry kept Texas’ unemployment numbers down by creating a bunch of government jobs. Civil service is the largest sector in new jobs in Texas since Perry became Governor. The second biggest sector in job expansion is the oil industry and that’s also where Perry found the tax money to finance his expansion of the government payroll.

So the secret to Perry’s success has been getting elected in a state that has a lot of oil in the ground.

Given that it’s Rick Perry, I’m going to go out on a limb and say “both:” his facts are wrong, and he has misinterpreted them.