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Since 2005, 80% of the new private sector jobs were created in Texas? TX FTW?

DesiPower

DesiPower

Lifer
Or another false campaign advertising? This is according to a campaign ad by the Governor's campaign ad (glad to see a positive ad). It provides the sources for the claim too. Looks pretty legit to me! If its right, isn't it pretty mind boggling? 80%, that's a pretty high percentage.. CA, NY, IL MO, FL and all the other states created only 20% of the jobs in the past 5 years??? That should place TX at the top and ppl who keep bashing TX as a dimwit redneck state should think twice. Last time I checked TX was the 2nd biggest contributor to the GDP, perhaps it will be the top soon, or amy be already is!

watch the ad here

Gov. Rick Perry has released a new television ad, "Right Track," that argues Texas is, well, on the right track.
In the spot, Perry says that job creation is his top priority and that, since 2005, most of America's private sector jobs since have been created in Texas.
Click to expand...
 
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Make it easy for businesses to hire and theyll hire. Only a moron liberal wouldnt understand that.

BOOOOOOOOSH LIED TRILLION DIEDDDEDEDEDE!!!!111!!!1
 
Business will prosper where it is FREE to do so.

CA bleeds jobs while TX gains them. Gee. Couldn't have ANYTHING to do with CA being one of the most oppressive and punitive states to do business in, could it? NAW!!!

Makes my economic freedom thread all the more relevant, despite the ravings and poisoning of the wells by the authoritarian anti-business leftists.
 
PrinceofWands said:
What's the payscale on that 80%? Better to have 1 person in a good career earning $80,000 than 4 people enslaved at 20k each.
Click to expand...

I’m thinking CA has TX beat by a long ways when it comes to having a bunch of slave laborers, and wage extremes.
 
Uh, I checked out the link. It is from this website:
www.scribd.com

Apparently it is a website that lets you upload documents. NOT the actual source, which Perry is claiming is the US Bureau of Labor Statistics. I am wondering why he doesn't link to the website itself?

Apparently you can also read this on the website:
Green Anarchy is a radical anti-civilization anarchist magazine produced by an anarchist collective in Oregon and is published twice a year

Need more evidence to back this up.
 
I checked out the actual numbers from the monthly BLS reports and here's what I came up with:

I used the Table 6 in both reports.

For the 2005 numbers, I looked at the 2006 report which would have the 2005 numbers adjusted and corrected.
August 2005 report

For the 2010 numbers, I used the preliminary numbers.
August 2010 report

I further broke it down into the different industry sectors to see where jobs were gained and lost in each sector. I believe the numbers are in thousands.

Industry Sector, 2005, 2010(p), delta
Mining and Logging, 168.7, 221.7, 53.0
Construction, 573.4, 575.4, 2.0
Manufacturing, 904.9, 840.2, -64.7
"Trade, Transportation, and Utilities", 2005.5, 2045.7, 40.2
Information, 223.6, 189.9, -33.7
Financial Activities, 615.4, 630.8, 15.4
Professional and Business Services, 1166.2, 1280.6, 114.4
Education and Health Services, 1185.4, 1393.8, 208.4
Leisure and Hospitality, 927.7, 1036.0, 108.3
Other Services, 351.7, 366.5, 14.8
Government, 1614.9, 1744.8, 129.9
Total, 9737.4, 10325.4, 588.0
Total minus Government, 8122.5, 8580.6, 458.1

Same numbers sorted in order of most jobs gained by industry sector
Industry Sector,2005,2010(p),delta
Education and Health Services,1185.4,1393.8,208.4
Government,1614.9,1744.8,129.9
Professional and Business Services,1166.2,1280.6,114.4
Leisure and Hospitality,927.7,1036.0,108.3
Mining and Logging,168.7,221.7,53.0
"Trade, Transportation, and Utilities",2005.5,2045.7,40.2
Financial Activities,615.4,630.8,15.4
Other Services,351.7,366.5,14.8
Construction,573.4,575.4,2.0
Information,223.6,189.9,-33.7
Manufacturing,904.9,840.2,-64.7
Total,9737.4,10325.4,588.0
Total minus Government,8832.5,9485.2,652.7
 
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her209 said:
I checked out the actual numbers from the monthly BLS reports and here's what I came up with:

I used the Table 6 in both reports.

For the 2005 numbers, I looked at the 2006 report which would have the 2005 numbers adjusted and corrected.
August 2005 report

For the 2010 numbers, I used the preliminary numbers.
August 2010 report

I further broke it down into the different industry sectors to see where jobs were gained and lost in each sector. I believe the numbers are in thousands.

Industry Sector, 2005, 2010(p), delta
Mining and Logging, 168.7, 221.7, 53.0
Construction, 573.4, 575.4, 2.0
Manufacturing, 904.9, 840.2, -64.7
"Trade, Transportation, and Utilities", 2005.5, 2045.7, 40.2
Information, 223.6, 189.9, -33.7
Financial Activities, 615.4, 630.8, 15.4
Professional and Business Services, 1166.2, 1280.6, 114.4
Education and Health Services, 1185.4, 1393.8, 208.4
Leisure and Hospitality, 927.7, 1036.0, 108.3
Other Services, 351.7, 366.5, 14.8
Government, 1614.9, 1744.8, 129.9
Total, 9737.4, 10325.4, 588.0
Total minus Government, 8122.5, 8580.6, 458.1

Same numbers sorted in order of most jobs gained by industry sector
Industry Sector,2005,2010(p),delta
Education and Health Services,1185.4,1393.8,208.4
Government,1614.9,1744.8,129.9
Professional and Business Services,1166.2,1280.6,114.4
Leisure and Hospitality,927.7,1036.0,108.3
Mining and Logging,168.7,221.7,53.0
"Trade, Transportation, and Utilities",2005.5,2045.7,40.2
Financial Activities,615.4,630.8,15.4
Other Services,351.7,366.5,14.8
Construction,573.4,575.4,2.0
Information,223.6,189.9,-33.7
Manufacturing,904.9,840.2,-64.7
Total,9737.4,10325.4,588.0
Total minus Government,8832.5,9485.2,652.7
Click to expand...
Cliffs?
Basically, was he telling the truth or not?
 
Even if Perry is right, Texas unemployment figures aren't that hot, at least they weren't in June-

http://online.wsj.com/article/SB100...oject%3DJOBSMAP09&articleTabs=interactive

about the same as New York...

A big part of why Texas is doing as well as they are is that strong consumer protection laws prevented much of the abuses of predatory lending and therefore the manic peak/ dismal trough of states like Nevada...

http://www.nytimes.com/interactive/2009/04/29/business/2009-wide-housing-graphic.html

They weren't part of the great ownership society flimflam...
 
As a comparison to the Texas numbers I provided above, here are the California numbers from the same reports, sorted in order of most jobs gained by industry sector:

Industry Sector,2005,2010(p),delta
Educational and Health Services,1553.0,1725.3,172.3
Government,2317.8,2354.1,36.3
Mining and Logging,24.4,26.4,2.0
Leisure and Hospitality,1508.1,1509.9,1.8
Other Services,512.2,479.6,-32.6
Information,480.8,444.6,-36.2
Professional and Business Services,2167.6,2059.9,-107.7
Financial Activities,934.9,776.9,-158.0
"Trade, Transportation, and Utilities",2817.0,2572.0,-245.0
Manufacturing,1528.3,1250.8,-277.5
Construction,936.3,567.2,-369.1
Total,14780.4,13766.7,-1013.7
Total minus Government,12462.6,11412.6,-1050.0

EDIT: Fixed the numbers
 
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Amused said:
Business will prosper where it is FREE to do so.

CA bleeds jobs while TX gains them. Gee. Couldn't have ANYTHING to do with CA being one of the most oppressive and punitive states to do business in, could it? NAW!!!

Makes my economic freedom thread all the more relevant, despite the ravings and poisoning of the wells by the authoritarian anti-business leftists.
Click to expand...

Yup Kalifornia is so "oppressive and punitive" to business that its GDP only leads Texas by about 70%. No business prospering in Kalifornia, only just enough to make it the 10th largest economy in the world. Just think if they could adopt smart Rubublican business practices like Alabama or Mississippi. Maybe Kalifornia could aspire to the top 50 in the world.

Texas' GDP per capita (nominally) is ranked 29th in the nation, which is below the national average.
 
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techs said:
Uh, I checked out the link. It is from this website:
www.scribd.com

Apparently it is a website that lets you upload documents. NOT the actual source, which Perry is claiming is the US Bureau of Labor Statistics. I am wondering why he doesn't link to the website itself?

Apparently you can also read this on the website:
Green Anarchy is a radical anti-civilization anarchist magazine produced by an anarchist collective in Oregon and is published twice a year

Need more evidence to back this up.
Click to expand...

because its the results from a database query or there would be 102 links...

http://data.bls.gov/cgi-bin/srgate
put all the Series Id in the box

data.bls.gov/PDQ/servlet/SurveyOutputServlet?series_id=XXXXXXXXXXXXXXXXXXXXXXXXXX&data_tool=XGtable
replace the Xs with the Series Id

As for 80% new jobs created statistics, it is misleading but he isn't exactly lying . The other 8 states with positive job growth are AK, NB, ND, OK, SD, UT, WA, WY and DC. Texas has ~55% of the jobs between these states and if you removed Washington state, which only added 500 jobs, then Texas has ~65% of the jobs.

In opinion, the percentage change is better measure. Texas has increases its private jobs by 5.5% over the last 5 years. This is second highest behind North Dakota, and compares to the US change of -3.5%
 
wirelessenabled said:
Yup Kalifornia is so "oppressive and punitive" to business that its GDP only leads Texas by about 70%. No business prospering in Kalifornia, only just enough to make it the 10th largest economy in the world. Just think if they could adopt smart Rubublican business practices like Alabama or Mississippi. Maybe Kalifornia could aspire to the top 50 in the world.
Click to expand...

http://www.olympiabusinesswatch.com/2010/09/california-bleeding-jobs-costs-too-high.html

California is bleeding jobs. Just because it's big just means it's farther to fall, that's all.
 
Amused said:
http://www.olympiabusinesswatch.com/2010/09/california-bleeding-jobs-costs-too-high.html

California is bleeding jobs. Just because it's big just means it's farther to fall, that's all.
Click to expand...

My point was that for many years there has been this BS about how anti-business Kalifornia is. If it was so bad for so many years, how did it get where it is economically?

Texas has a greater proportion of low paying jobs. Is that where you aspire? If you do then by all means move to Texas.
 
Jhhnn said:
A big part of why Texas is doing as well as they are is that strong consumer protection laws prevented much of the abuses of predatory lending and therefore the manic peak/ dismal trough of states like Nevada...

http://www.nytimes.com/interactive/2009/04/29/business/2009-wide-housing-graphic.html

They weren't part of the great ownership society flimflam...
Click to expand...

texas is extremely debtor friendly. only recently could you get a heloc or a 2nd non-purchase money mortgage. heloc is limited to 50% of the value and i think the 2nd mortgage is limited to 80% (i.e. you have to keep 20% equity when you get the loan).

not to mention that houston in particular the house values do not go up. no zoning and a lot of flat land means there is always new housing available. most places with lots of flat land did not catch the bubble. vegas and phoenix (which have restrictive zoning laws) caught the bubble in part due to SoCalers cashing out in SoCal and bringing their mentality with them (which is remarkable considering how CA did this same thing ~15 years ago as well).





wirelessenabled said:
My point was that for many years there has been this BS about how anti-business Kalifornia is. If it was so bad for so many years, how did it get where it is economically?
Click to expand...
apparently it used to not be as bad.
http://www.city-journal.org/2010/20_3_california-economy.html
 
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wirelessenabled said:
Yup Kalifornia is so "oppressive and punitive" to business that its GDP only leads Texas by about 70%.
Click to expand...

California still has quite a few more people so that is not surprising. However people are still moving to Texas in large numbers.


No business prospering in Kalifornia, only just enough to make it the 10th largest economy in the world. Just think if they could adopt smart Rubublican business practices like Alabama or Mississippi. Maybe Kalifornia could aspire to the top 50 in the world.
Click to expand...

Actually california is 8th if it were a country, Texas would be 14th. According to 2006 data.

Texas' GDP per capita (nominally) is ranked 29th in the nation, which is below the national average.
Click to expand...

And California is 10th. There is a 6k difference between them.

The differences are not nearly as large as you make them out to be.
 
Jhhnn said:
Even if Perry is right, Texas unemployment figures aren't that hot, at least they weren't in June-

http://online.wsj.com/article/SB100...oject%3DJOBSMAP09&articleTabs=interactive

about the same as New York...

A big part of why Texas is doing as well as they are is that strong consumer protection laws prevented much of the abuses of predatory lending and therefore the manic peak/ dismal trough of states like Nevada...
Click to expand...

Well, most Texas suburbs/cities didn't experience a property bubble. There are foreclosures though.

Currently, Texas has a big state deficit under King Perry. Too bad he is going to win even though I'm voting against his ass.
 
charrison said:
California still has quite a few more people so that is not surprising. However people are still moving to Texas in large numbers.
Click to expand...

You have no idea how many California cars I have seen here. Not only in my college town but I spot at least 4 or 5 every time I go to Houston.
 
wirelessenabled said:
My point was that for many years there has been this BS about how anti-business Kalifornia is. If it was so bad for so many years, how did it get where it is economically?

Texas has a greater proportion of low paying jobs. Is that where you aspire? If you do then by all means move to Texas.
Click to expand...

Actually people are voting with their feet and moving to texas, about 1000 per day.
 
alphatarget1 said:
Well, most Texas suburbs/cities didn't experience a property bubble. There are foreclosures though.

Currently, Texas has a big state deficit under King Perry. Too bad he is going to win even though I'm voting against his ass.
Click to expand...

Damn near every state has a huge hole their budget right now due in large part to reduced tax receipts. Texas has actually done a decent job keeping govt spending down as compared to other states.
 
alphatarget1 said:
Well, most Texas suburbs/cities didn't experience a property bubble. There are foreclosures though.

Currently, Texas has a big state deficit under King Perry. Too bad he is going to win even though I'm voting against his ass.
Click to expand...

i'm probably going to vote for white but our new accountant-mayor has been blowing up white's houston budgets for the last few years.

perry isn't all that great but then again the governor isn't even the strongest position in state government with governor in the title. so unless he figures out some way to sell all our roads to the spanish (highways bypassing city centers, good idea, selling the franchise to operate them to the spanish, meh, refusing to expand parallel freeways, bad), he really can't do much of anything.




charrison said:
And California is 10th. There is a 6k difference between them.

The differences are not nearly as large as you make them out to be.
Click to expand...
and i wonder how much of that GDP is eaten up by their mortgage payments? heck, how much of it is just selling overinflated real estate back and forth between each other?
 
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charrison said:
Damn near every state has a huge hole their budget right now due in large part to reduced tax receipts. Texas has actually done a decent job keeping govt spending down as compared to other states.
Click to expand...

It was just one of the many reasons I can come up with to vote against Rick Perry. The guy is such a tool, IMO.
 
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