The Texas Economy: Growing Jobs

Early voting has arrived!  What is the number one thing on voters minds this election?  The economy stupid.  Governor Perry’s campaign released the information below highlighting how the Texas economy is growing jobs and leading the country out of the recession.

No doubt, the recession has reached every state in America, and Texas is not immune, but did you know that Texas is where 4 out of 5 new private sector jobs have been created since 2005? For more info, check out the “Right Track video on Governor Perry’s YouTube page.”

Rich Lowry, in the National Review, adds:

Texas already looms large in its own imagination. Its elevated self-image didn’t need this: More than half of the net new jobs in the U.S. during the past 12 months were created in the Lone Star State.According to the Bureau of Labor Statistics, 214,000 net new jobs were created in the United States from August 2009 to August 2010. Texas created 119,000 jobs during the same period. If every state in the country had performed as well, we’d have created about 1.5 million jobs nationally during the past year, and maybe “stimulus” wouldn’t be such a dirty word.

What does Austin know that Washington doesn’t? At its simplest: Don’t overtax and -spend, keep regulations to a minimum, avoid letting unions and trial lawyers run riot, and display an enormous neon sign saying, “Open for Business.”

Investor’s Business Daily explains that Texas is leaving California in the dust, when it comes to recovering from the recession:

In Texas, the payroll count is back to pre-recession levels. California is nearly 1.5 million jobs in the hole. Why such a difference? Chalk it up to taxes, regulation and attitude.The contrast between America’s two largest states, in terms of both population and economic heft, is as stark as it has ever been. Texas is leading the country out of the recession; California is holding it back.

Additionally, the Milken Institute examined U.S. metropolitan areas and ranked them by how well they are creating and sustaining jobs and economic growth. Texas claims 3 of the top 4 states, 5 of the top 10, and 11 of the strongest 25 cities in America. The Texas Public Policy Foundation also noted this week that in the battle between Texas and California, Texas wins, hands-down:

The report noted that the latest Bureau of Labor Statistics data showed that Texas had gained 129,000 new jobs in the last year—more than half of the national total—while California had lost 112,000 during the same period.“Texas’s superior economic performance is noteworthy,” Dr. Laffer said. “It’s just striking how the states with no income tax outperform the states with high income taxes. And the reason is simple: employers move to the location that promises better after-tax returns. Texas constantly focuses on improving its economic competitiveness and the citizens of Texas are benefiting because of it.”

The research showed that Texas’ economy has been growing stronger and with less volatility than California or the nation as a whole.

We need your help keeping Texas strong and prosperous! Visit now, and recruit your friends, family, and colleagues who support Governor Perry. Early voting begins on Monday, October 18th! Find the most convenient Texas Early Voting locations in your county, and vote early to avoid the lines on November 2. Remember, you can vote anywhere in your county during early voting, but you’ll have to vote at your specific precinct polling place on Election Day itself.

Join us today, and help us keep our strong momentum going.

On Twitter? Follow @GovernorPerry for updates from Rick Perry himself, @GovPerry2010 for updates from the campaign, and become a fan of Governor Perry on Facebook to stay up to date on the latest campaign news.

One response to “The Texas Economy: Growing Jobs

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