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 Is Texas Responsible for Half the Countries Job Growth?

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UncleFrank
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PostSubject: Is Texas Responsible for Half the Countries Job Growth?   Sun Jul 10, 2011 12:14 pm

"Look no further than growing and diverse Texas, a state Democrats targeted in 2010, where data from the Bureau of Labor Statistics reveal that under Gov. Rick Perry's leadership the state has created more jobs over the last decade than the rest of the states combined. That's a record of job creation the Obama administration can only dream about," he wrote in his essay published on June 25.

Perry, currently considering a run for the White House, has led Texas since 2001, when he took over from George W. Bush, who left Austin to become the 43rd president.

The claim of "more jobs over the last decade than the rest of the states combined" is based on the following data analysis: Texas had a net gain of 907,000 jobs between December 2000 and December 2010. The entire payroll in the U.S. grew by 1.6 million jobs during the span, as PolitiFact, the fact-check project, puts it.

"Texas is quite a low-regulation state. It's cheaper to do business here than quite a few other states," Mine Yucel, senior economist and vice president with the Federal Reserve Bank of Dallas says in an interview with ABC News.

The nation's woes at the gas pump are also being credited for boosting the Texan economy. Just two years ago, in 2009, the average price of gas was $2.35 per gallon. That figure now stands at $3.60, providing additional revenue for the state.

Observers are also tipping their hat to Perry, with a specific nod to the Texas Enterprise Fund (TEF) he created in 2003. The low-tax incentives program established by the TEF has helped generate 58,000 jobs, according to ABC News. Indeed, the state's drive to diversify its workforce into private sector categories including financial and technology services has also been lauded for helping spur the jobs growth.

But while few would outright deny the Texas success story, critics are saying the reality is cause for more of a Texas mosey than a full-on cowboy swagger.

For its part, PolitiFact takes issue with the "more than the rest of the states combined" contention. The reality of the claim is that it only holds up when comparing Texas to states that have also had a net positive job gain over the last decade, leaving out the other 31 states of the Union. So while California may not be in the black since 2000, it has no doubt seen job growth in many sectors. (Just 10 years ago, "facebook" was not a company creating jobs in Silicon Valley, but a hardcover book of profile pictures given to college freshmen.)

Commentators are taking pains to question the claim, surely to be used in any presidential run by Rick Perry.

"To say it's misleading is to be kind," Michael Brandl, a professor at the University of Texas-Austin's business school, has told PolitiFact in the past. "It's just not true."

Moreover, critics also say that the jobs numbers must be appreciated in the context of other economic factors in Texas. The rule requiring the budget to be balanced every two years has led to cuts in education and public services at a similarly Texas-sized clip.

Indeed, Texas has the highest rate of uninsured workers in the nation at 27.4%, according to research conducted by the Robert Wood Johnson Foundation in conjunction with the State Health Access Data Assistance Center at the University of Minnesota.

Such a stat certainly forces the classic Texas question about those bragging of the state's success: Are they all cattle or just all hat?


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PostSubject: Re: Is Texas Responsible for Half the Countries Job Growth?   Sun Jul 10, 2011 1:22 pm

It really does not matter how many jobs have been created here in comparison to the rest of the US! What does matter is that TX has suffered much less than the other areas of the country and the reason most credited with that is because of Perry's leadership! You can jack around with stats to make them represent whatever you want to but when you see the unemployment lines everywhere else in the nation that are longer and lasting for more months than the ones here in TX, it does cause you to think why!

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PostSubject: Re: Is Texas Responsible for Half the Countries Job Growth?   Sun Jul 10, 2011 4:41 pm

Yes it does.
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PostSubject: Re: Is Texas Responsible for Half the Countries Job Growth?   Sun Jul 10, 2011 6:50 pm

This is a clue! Perry has led and guided us through the worst of it and it is better here than anywhere else in the nation!! JMHO!!

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PostSubject: Re: Is Texas Responsible for Half the Countries Job Growth?   Mon Jul 11, 2011 2:15 pm

It sounds like you should want to keep him there in Texas. You have no idea which BOZO could replace him. flower
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PostSubject: Re: Is Texas Responsible for Half the Countries Job Growth?   Mon Jul 11, 2011 3:46 pm

Oh crap, bozos yet OMG Are they all bozos? It is good that Perry has done this. Do you think it was all him or did the communties get invlved along with him, and if that's the case then we need him in Washington to get us all together. Like they say....There is strength in numbers.
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PostSubject: Re: Is Texas Responsible for Half the Countries Job Growth?   Mon Jul 11, 2011 5:25 pm

He has built one very strong coalition of very diverse people and it seems to be working well. I hate for TX to not have him because there is no telling what will replace him. However, if he can straighten out the mess our country is in, I believe we can handle it here in TX while that is going on!!! JMHO!!

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PostSubject: Re: Is Texas Responsible for Half the Countries Job Growth?   Tue Jul 12, 2011 4:59 pm

Just as long as you can hold the vote.
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PostSubject: Re: Is Texas Responsible for Half the Countries Job Growth?   Tue Jul 12, 2011 5:04 pm

It will be interesting to say the least!!! Don't know where it is going but the ride is sure fun!!! JMHO!!

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PostSubject: Re: Is Texas Responsible for Half the Countries Job Growth?   Wed Jul 13, 2011 3:55 pm

It always winds up being a wild ride. No??
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PostSubject: Re: Is Texas Responsible for Half the Countries Job Growth?   Wed Jul 13, 2011 5:47 pm

This one maybe more so than others!! Stay tuned!!! LMAO!!

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