Posted on 10/14/2011 3:10:03 PM PDT by Cincinatus' Wife
....Not all economists would put domestic energy production among their top five priorities for job growth. But many do see significant potential in this field, as the Perry campaign does.
For example, economist Peter Morici at the University of Maryland, in a recent analysis of the nation's employment crisis, wrote that "shutting down US oil and gas development is costing the US economy millions of jobs."
His view: An emphasis on domestic production could create jobs by dramatically reducing America's trade deficit, thus recycling more consumer dollars in the domestic economy. Promotion of energy production would also spill over into job creation in other industries, Mr. Morici says, as a need for refineries and pipelines boosts demand for construction workers, steel, and heavy machinery.
Even in Texas, the industries classified by the US Labor Department as "oil and gas extraction" and "mining support" account for just about 2 of every 100 jobs. But jobs in basic industries like mining or manufacturing typically help sustain many other jobs throughout a local economy. And over the past decade, Texas has seen energy jobs rise as a share of its economy.
Compared with Texas, other states appear to have plenty of room to grow. In the other 49 states collectively, the "oil and gas" and "mining support" industries account for less than 0.3 percent of all jobs. Those totals don't include some other energy-related jobs, such as in coal mining or renewable sources.
Obama, for his part, has called for some expansion of domestic fossil-fuel production, but has put his greatest emphasis on encouraging renewable sources of energy. Where the words "conservation" and "efficiency" appear nowhere in Perry's speech, Obama has backed programs to encourage energy-saving retrofits of buildings and a shift toward higher-mileage vehicles....
(Excerpt) Read more at csmonitor.com ...
I’m sorry. Germany is right up there with us and Japan.
And how is that working out for your state?
It can be implemented quicker and free of Washington gridlock because it doesn’t require congressional action. Through a series of executive orders, and other executive actions, we will begin the process of creating jobs soon after the inauguration of a new president.
There is, of course, an important role for Congress to play. And in a matter of days I will offer to the American people a broader package of economic reforms that I will take to Congress when I am elected President. My complete economic growth package will tackle tax reform, entitlement reform and real spending reductions in order to address our growing debt crisis."............ Source
Perry/Cain 2012!
That would be a great ticket against BO!
Two years ago I had to make a choice, I had 8 employees that I love like they are part of my family. I know their kids, their wives and husbands. My choice was to fire 3 of them or cut them all down to 32 hours a week. My customers were hurting and cutting back on the services I supply and I had no option but to hurt my employees. I hated it, I knew what I was doing to them and I was risking my business because I was scared to death they would leave me. Out of my pocket each month I fed my employees once a week and then once a month I threw a birthday party for someone associated with my business that I invited all my employees family member to. I bought gift card to movies, tickets to Rangers games, and other things for my employees hurting my family to keep my employees. To keep customers I had to go out and do work for free knowing that they were in the same boat I was in. I don't think I slept through the night at all for a year.
My Governor understood that, he reduced taxes and then went out and worked to bring new businesses to Texas. People call it "Crony Capitalism" because he went out and gave businesses hope and incentives to move to Texas where they came and boomed, I call it working for his state. Six months ago my employees went back to full-time and now I am training two new hires because although my employees can use all the over-time I am paying them, they need a break.
That is why I support Rick Perry, because he doesn't just say that Government succeeds when I succeed, he proves it.
Rick Perry: “Make rest of America more like Texas”
You cannot bring in millions of illegals to give Texas businesses a cheap labor advantage and have this population live there year after year after year without the pressure building up inexorably to legalize them. Perry is already on record favoring legalization.
Perry and the power structure are gaining a short-term economic high but in the long run what they are doing is to make Texas more like California (California, rest in peace).
Very few n00bs have so many posts, all decorated with graphics to boot to show for a mere 3 days as a member.
Smells a little.
Haven’t we heard this warmed over regurgitated pablum before every election since Jimmy Carter?
A stark contrast to the unfulfilled promises of Barack Buttstain Obama.
“No one has any objection to doofus perry doing what ever he wishes in texas, just as long as he keeps it in texas. The rest of the country is not buying the bilge.”
That’s right. Why would the rest of the country want to have a booming economy like Texas.
Your so smart. (sarc)
Get lost clown. You are not here to discuss the thread. Beat it.
Can you read the transcript or watch the speech and then comment. You are a flame thrower. Either read the transcript, watch the speech or get lost.
Not LIKE THIS we haven’t.
AND not from someone with a record like Gov. Perry.
I am training new hires and we are building a new 1 Million dollar facility.
Construction is underway, and that is employing lots of workers.
Get lost dumbass.
Well the jobs won’t do much good if they’re all going to illegal immigrants, will they?
Richard Fisher, president of the Dallas Federal Reserve Board, told me that if you look at the number of jobs created since the recession technically ended in June 2009, Texas has accounted for 48 percent of net new jobs created in the U.S.
Fisher also disparages claims that the jobs are all low-paying jobs at McDonald’s or Walmart, paying the minimum wage, or that they were primarily caused by the oil and natural gas boom. According to Tom Pauken of the Texas Work Force Commission, the annual median wage in Texas in 2010 for all occupations was $31,500 a year, only 7 percent below the national average. That difference is easily explained by the fact that Texas has a younger workforce than most states and a higher percentage of workers in lower-pay agriculture jobs near the border with Mexico. [ CW: Cost of living in Texas is lower than many other states; Texas has no state income tax; Texas is a right to work state.]
As for where the job growth has been, three sectors of the economy have grown faster than the energy sector, which alone added 40,500 net new jobs in 2010. Last year, Texas added 57,900 new jobs in trade, transportation, and utilities; a total of 53,400 jobs in professional and business services; and 44,900 net new jobs in the hospitality industry.
For each of the past seven years, CEOs polled by “Chief Executive” magazine have rated Texas first in the nation for economic development climate and job growth. What is the secret of Texas’s success? Rick Perry isn’t shy about his answer. “It’s all about four points,” he told me. “First, don’t spend all the money. Keep the taxes low and under control. Have regulations that are fair and predictable so business owners know what to expect from one quarter to the next. And reform the legal system so that frivolous lawsuits don’t paralyze employers who are trying to create real wealth.”
If there is on issue which Perry has made a personal crusade, it is lawsuit reform. Working with the legislature, he has helped pass curbs on frivolous lawsuits, implemented a first-in-the-nation system under which loser pays all court costs in many lawsuits, and reformed medical malpractice law.
Dick Weekley, the co-founder of Texans for Lawsuit Reform, says Perry showed genuine political courage in resisting calls for watered-down reforms that wouldn’t have addressed the core problem. He recalls that in 2002 Perry vetoed a bill strongly supported by doctors that would have required them to prompt payment from health maintenance organizations. In the eyes of the tort reform advocates, the bill was a Trojan Horse compromise negotiated between doctors and trial lawyers. “There was a huge response from physicians [against the veto],” Kim Ross, the former top lobbyist for the Texas Medical Association, said. TMA went so far as to endorse Tony Sanchez, Perry’s millionaire Democratic opponent in the 2002 election. “Perry sent a signal that he wanted real reform and would stand his ground,” Weekley told me. “Soon the medical lobbyists playing footsie with the trial lawyers were gone and the obstacles to real reform started falling.”………………..
Yeah, we always hire illegal immigrant engineers.
If you think Perry is responsible for the border your are either stupid, uninformed or using liberal tactics to promote Herman Cain and keep others from seeing any news on Perry, which is beneath Cain.
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