The Current FReepathon Pays For The Current Quarters Expenses?
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.”………………..
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AND now the TMA is endorsing Gov. Rick Perry. They understand now what he was doing would HELP them.
...."The Texas Medical Association’s political action committee recently endorsed him for president, and its members are helping him raise money and make connections with medical groups in other states.".... source
"With the signature of Gov. Rick Perry today, Texas has joined three other states stating their intention to enter into a health care compact.
The compact, which would challenge the authority of the federal government to dictate the terms of the federally and state funded Medicaid program, was part of a wide-ranging health care reform bill, Senate Bill 7, passed by the Texas Legislature in its recently concluded special session.
Georgia, Oklahoma and Missouri have already signed onto the compacts movement, with Missouri Gov. Jay Nixon signing a bill into law on Thursday.
The law establishes Texas, along with the other three states, as pioneers in an uncharted use of Article 1, Section 10 of the Constitution which allows states to enter into agreements that, with the approval of Congress, cannot be abridged by the federal government. There are more than 200 state compacts currently in effect, nearly all of them related to commerce.”…..
MEANWHILE MITT ROMNEY is pushing these health care exchanges
July 16, 2011: Romney Adviser Backs Obama Health Exchanges
SALT LAKE CITY — Former Utah Gov. Mike Leavitt, a top supporter and adviser of Republican White House hopeful Mitt Romney, strenuously backed the core piece of President Barack Obama’s health-care law and urged the states to move forward together in adopting health insurance exchanges.
Speaking to a bipartisan group of governors at the National Governors Association, the former Republican governor who served as secretary of health and human services in the Bush administration, called the exchanges where individuals and small businesses can purchase health plans “a very practical solution to a problem that needs to be solved.” He warned governors who are reluctant to move forward with their state-level exchanges that their intransigence will only empower federal regulators.
Perhaps, but the states shouldn't be involved, anyway. It's always going to be more efficient and better if it's doctor/patient and no one else.
After being Gov for 11 years, I am surprised that he is bringing this up now.....no I am not. He sure is brining up a lot of good ideas now that he is running for President. Had he been bringing these things up while governor and getting them implemented, he might have a fighting chance at being the nominee. Perhaps if he takes these Ideas and works on them the next four years, he can come back for 2016 and have a better chance. He will only be 64 going on 65. He has plenty of time to run again. Too bad he didn’t think about running around 2009 and implementing some of these ideas even then would have helped.
The Current FReepathon Pays For The Current Quarters Expenses?