Texas Leads Nation in Job Creation
Started by Socialist
over 14 years ago
Posts: 2261
Member since: Feb 2010
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Government job creation that is: Rick Perry's 'Texas Miracle' consisted of 125,000 new government jobs Check out the below chart from Jared Bernstein -- a fiscal policy expert at the Center on Budget and Policy Priorities, and former chief economist to the stimulus bill's top cop, Vice President Joe Biden. It shows pretty conclusively that the recession cost Texas 178,000 private sector jobs -- a... [more]
Government job creation that is: Rick Perry's 'Texas Miracle' consisted of 125,000 new government jobs Check out the below chart from Jared Bernstein -- a fiscal policy expert at the Center on Budget and Policy Priorities, and former chief economist to the stimulus bill's top cop, Vice President Joe Biden. It shows pretty conclusively that the recession cost Texas 178,000 private sector jobs -- a fairly small share for a populous state, when you consider that crisis cost the country many millions. But in the same period, it added 125,000 public sector jobs -- nearly half of all government jobs created in this period nationwide. Put together, the Texas has only lost 53,000 jobs total during the downturn. http://www.dailykos.com/story/2011/08/17/1007993/-Rick-Perrys-Texas-Miracle-consisted-of-125,000-new-government-jobs?via=blog_577382 [less]
Who knew that Rick Perry was a closet Keynesian?