Your theory hasn't worked, given that Texas has one of the worst education systems in the country. People come here for jobs, but we create jobs in part by skimping on education spending. No one cares because it won't affect us until 15-20 years down the road. People have to and will make choices based on short term needs, but you're sacrificing the long-term for those short-term gains.
GDP growth pretty much happens independent of tax policy. I have not seen a shred of evidence that Reagan's tax cuts led to GDP growth, the growth that was seen late in Reagan's presidency was consistent with the historical averages. There was a fairly significant drop in revenues as a result of Reagan's tax cuts and that drop resulted in ballooning deficits and debt. We saw an even more marked drop in revenues after the Bush tax cuts, resulting in even bigger deficits and a doubling of the debt. There is no evidence at all that the Reagan or Bush tax cuts led to or caused GDP growth, but there is a direct link between those tax cuts and the increasing deficits and massive amounts of debt. I am OK with reducing spending, but we all need to recognize that the budget will not be balanced without taxes going up.
Coming from a place where it IS run from Tokyo, I know that there are some problems with a centralized system ( though really, Japanese education is more screwed up because Japanese culture is just so screwed up). But it's been a heck of a lot better than letting people who really don't know anything about education run things. It's things like this that result in the fact that the US is the only place where the teaching of evolution is a matter of debate, as you have local religious fools who implement things which screw over their children, and by process the country. And I love your thought process that says that if we support a more centralized education system, then we're power-hungry bad people.
Perry is gonna run and this is the stat he's gonna run on. heard this on one of the talk shows yesterday morning, texas has created 40% of the jobs in the country this past year (maybe a different time table) but that is outstanding. not saying perry gets the credit, its just something that's gonna catch people's attention.
Here's the claim from Paul Gigot editor for Wall Stree Journal editoral page. He says he got from a study by Dallas Fed Reserve Bank. 40% of jobs since the end of the recession. I'm with you, it does sound dubious
..the unemployment rate in TX in may 2009 was 7.3%, it's now 8%. (FWIW, when Perry took over in 2003, it was around 6%). I don't know if that's a jobs record I would run on..unless I planned on lying, of course.
Lying is such a strong word. I'm sure he'd use something more appropriate, like ... well, you know.... not lying, that's for sure.
<!-- http://twitter.com/#!/iowahawkblog/status/82866453308649474 --> <style type='text/css'>.bbpBox82866453308649474 {background:url(http://a0.twimg.com/profile_background_images/194669065/CoW.jpg) #C0DEED;padding:20px;} p.bbpTweet{background:#fff;padding:10px 12px 10px 12px;margin:0;min-height:48px;color:#000;font-size:18px !important;line-height:22px;-moz-border-radius:5px;-webkit-border-radius:5px} p.bbpTweet span.metadata{display:block;width:100%;clear:both;margin-top:8px;padding-top:12px;height:40px;border-top:1px solid #fff;border-top:1px solid #e6e6e6} p.bbpTweet span.metadata span.author{line-height:19px} p.bbpTweet span.metadata span.author img{float:left;margin:0 7px 0 0px;width:38px;height:38px} p.bbpTweet a:hover{text-decoration:underline}p.bbpTweet span.timestamp{font-size:12px;display:block}</style> <div class='bbpBox82866453308649474'><p class='bbpTweet'>You know who else inherited an economy from George Bush? Rick Perry.<span class='timestamp'><a title='Mon Jun 20 17:44:36 +0000 2011' href='http://twitter.com/#!/iowahawkblog/status/82866453308649474'>less than a minute ago</a> via web <a href='http://twitter.com/intent/favorite?tweet_id=82866453308649474'><img src='http://si0.twimg.com/images/dev/cms/intents/icons/favorite.png' /> Favorite</a> <a href='http://twitter.com/intent/retweet?tweet_id=82866453308649474'><img src='http://si0.twimg.com/images/dev/cms/intents/icons/retweet.png' /> Retweet</a> <a href='http://twitter.com/intent/tweet?in_reply_to=82866453308649474'><img src='http://si0.twimg.com/images/dev/cms/intents/icons/reply.png' /> Reply</a></span><span class='metadata'><span class='author'><a href='http://twitter.com/iowahawkblog'><img src='http://a2.twimg.com/profile_images/1168478910/ih081112_big_normal.jpg' /></a><strong><a href='http://twitter.com/iowahawkblog'>David Burge</a></strong><br/>iowahawkblog</span></span></p></div> <!-- end of tweet -->
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WSJ says he's in A Republican campaign veteran tells us that Texas Governor Rick Perry has decided to run for President, though the official word from Team Perry is still a definite maybe.
The unemployment rate when the Democrats regained the House - 4.4%. The unemployment rate when Obama was elected president - 6.5%. The unemployment rate today - 9.1%.
I think Perry is going to make a really strong candidate -- he'll be a instant frontrunner once he declares. Only Texans really know Perry -- there are a lot of primary states out there that will embrace his image and his tea party/ ultra conservative message. PRAY FOR RAIN
L.M.F.A.O. - look who is back on draft night. You flamed like a glorious shooting BBS star, before you committed seppuku, upon my suggestion. Can you do so again? I look forward to a repeat performance. PS you are a big fat liar above. Enjoy.
The $787 billion stimulus plan is turning out to be far less stimulating than its architects expected. Back in early January, when Barack Obama was still President-elect, two of his chief economic advisers — leading proponents of a stimulus bill — predicted that the passage of a large economic-aid package would boost the economy and keep the unemployment rate below 8%. It hasn't quite worked out that way. Last month, the jobless rate in the U.S. hit 9.5%, the highest level it has reached since 1983. (See 10 ways your job will change.) The two advisers who wrote the paper, Christina Romer and Jared Bernstein, went on to land key jobs in the Obama Administration. Romer is the head of Obama's Council of Economic Advisers, and Bernstein is the chief economist and economic-policy adviser to Vice President Joe Biden. And the stimulus bill that both economists championed became law in mid-February. What has not come to pass, however, is the boom in job creation that Romer and Bernstein predicted. A little over a month ago, the Administration said the stimulus bill had created or saved 150,000 jobs. That's a far cry from the 3 million to 4 million jobs that Romer and Bernstein foresaw back in January. Read more: http://www.time.com/time/business/article/0,8599,1910208,00.html#ixzz1QCfBJCUR
