Today's the debate! OFFICIAL 9/7 debate thread!
- Thread starter Napoleon's Shadow
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cucucachu0000
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I was excited that ron was in the front but there gonna make him frigan last : (
Ranger29860
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Huntsman REALLY!?!?!
Matt Collins
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Padding The Stats?
Growing government by creating more public sector jobs than private sector jobs is not exactly a "jobs boom."
If Governor Perry can credibly claim that he is responsible for Texas:
being a Right to Work state,
having no state income tax,
being an energy-producing state,
having a legislature that only meets every other year,
and sharing a border with one of our biggest trading partners,
then he deserves to be president...
Unfortunately for him, he cannot take credit for any of that.
Growing government by creating more public sector jobs than private sector jobs is not exactly a "jobs boom."
If Governor Perry can credibly claim that he is responsible for Texas:
being a Right to Work state,
having no state income tax,
being an energy-producing state,
having a legislature that only meets every other year,
and sharing a border with one of our biggest trading partners,
then he deserves to be president...
Unfortunately for him, he cannot take credit for any of that.
Rhetoric vs. Reality.
According to the Perry campaign website: "Since June 2009, more than 40 percent of the net new jobs created in America have been created in Texas." That's nice but in reality "Texashas done worse than the rest of the country since the peak of national unemployment in October 2009." (TIME)
But there was substantial job growth. Sort of. If you count government expansion as "job growth."
"Texas has added over a million jobs since the year 2000, but "about 300,000 of the new Texas jobs were in government...Employment in the state's public sector has jumped 19% since 2000, compared with a 9% rise in the private sector." (Wall Street Journal)
How's the public sector "job" growth in Texas now?
"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. " (Wall Street Journal)
Private sector jobs do exist.
"Texas, as a state rich in oil and national gas, has also benefited from increases in energy prices that have slowed the economy elsewhere in the country. Higher energy prices have meant more jobs in Texas." (Washington Post) An August report by the Dallas Fed found that every time oil prices rise 10%, Texas gets a 0.5% GDP boost. Would he keep the rest of America in mind with regards to lower gas prices?
What role have these taxpayer funded pushes played?
"Perry has established several massive tax credit issuing funds designed to lure companies from other states. These include the $412 million Texas Enterprise Fund and the $320 million Texas Emerging Technologies Fund." (TIME)
How did Perry achieve such economic development?
"The largest fund, the Texas Enterprise Fund (TEF), was created in 2003 and has awarded some $412 million in subsidies to companies nominally to create jobs." (TIME) According to the Texas Comptroller, $119 million actually went to companies that did not deliver on job promises. (TexasAhead 201o Report)
Is that it? No. There is more.
"The second major fund under Perry’s control, the Texas Emerging Technology Fund (ETF) has also proven controversial since it was created in 2005. It has spent some $320 million on tax credits and other subsidies for high tech companies willing to move to Texas. An October 2010 investigation by the Dallas Morning News found that $16 million of that money was awarded to companies with investors or officers who are large campaign donors." (TIME)
That does not sound like capitalism. Because it isn't. What's happening to these "job growth funds" now?
"In April [2011], the state auditor's office called for greater transparency in the fund's management, and some legislators began looking for ways that the fund might be reformed." (Wall Street Journal)
Taking money from the average taxpayer and giving it those with government connections is NOT capitalism.
"Perry is arguing that the proper model for job creation nationwide includes funneling taxpayer money to companies not only to create jobs but also to develop technologies that will better the world, even if that money has a negligible affect on the unemployment rate or overall per capita prosperity. Which sounds a lot like what the rest of the Republican presidential field is criticizing Barack Obama for doing." (TIME)
But there was substantial job growth. Sort of. If you count government expansion as "job growth."
"Texas has added over a million jobs since the year 2000, but "about 300,000 of the new Texas jobs were in government...Employment in the state's public sector has jumped 19% since 2000, compared with a 9% rise in the private sector." (Wall Street Journal)
How's the public sector "job" growth in Texas now?
"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. " (Wall Street Journal)
Private sector jobs do exist.
"Texas, as a state rich in oil and national gas, has also benefited from increases in energy prices that have slowed the economy elsewhere in the country. Higher energy prices have meant more jobs in Texas." (Washington Post) An August report by the Dallas Fed found that every time oil prices rise 10%, Texas gets a 0.5% GDP boost. Would he keep the rest of America in mind with regards to lower gas prices?
What role have these taxpayer funded pushes played?
"Perry has established several massive tax credit issuing funds designed to lure companies from other states. These include the $412 million Texas Enterprise Fund and the $320 million Texas Emerging Technologies Fund." (TIME)
How did Perry achieve such economic development?
"The largest fund, the Texas Enterprise Fund (TEF), was created in 2003 and has awarded some $412 million in subsidies to companies nominally to create jobs." (TIME) According to the Texas Comptroller, $119 million actually went to companies that did not deliver on job promises. (TexasAhead 201o Report)
Is that it? No. There is more.
"The second major fund under Perry’s control, the Texas Emerging Technology Fund (ETF) has also proven controversial since it was created in 2005. It has spent some $320 million on tax credits and other subsidies for high tech companies willing to move to Texas. An October 2010 investigation by the Dallas Morning News found that $16 million of that money was awarded to companies with investors or officers who are large campaign donors." (TIME)
That does not sound like capitalism. Because it isn't. What's happening to these "job growth funds" now?
"In April [2011], the state auditor's office called for greater transparency in the fund's management, and some legislators began looking for ways that the fund might be reformed." (Wall Street Journal)
Taking money from the average taxpayer and giving it those with government connections is NOT capitalism.
"Perry is arguing that the proper model for job creation nationwide includes funneling taxpayer money to companies not only to create jobs but also to develop technologies that will better the world, even if that money has a negligible affect on the unemployment rate or overall per capita prosperity. Which sounds a lot like what the rest of the Republican presidential field is criticizing Barack Obama for doing." (TIME)
ronpaulfollower999
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China a currency manipulator! HA!! LMAO…oh man. Jump in Ron!
libertybrewcity
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lol at the big ass airplane in the room
NorfolkPCSolutions
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Cain just said "skin in the game."
LOL.
Oh, yay, Jon Huntsman!
LOL.
Oh, yay, Jon Huntsman!
ronpaulfollower999
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I don't care for what Cain wants (obviously) but I do enjoy hearing him speak. I agree.
flightlesskiwi
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*irritated*
GunnyFreedom
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Shared the Ron Paul Flix official MSNBC stream
http://ronpaulflix.com/2011/09/ron-paul-highlights-reagan-library-debate-sep-7-2011/
Has Ron Paul not even been on yet? wow
http://ronpaulflix.com/2011/09/ron-paul-highlights-reagan-library-debate-sep-7-2011/
Has Ron Paul not even been on yet? wow
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