Yes, Perry Has Lured Business to Texas. But How Many Jobs Created Is in Dispute.
The contracts require companies to meet job-creation milestones each year and maintain those jobs for an extended period of time. The governors office said companies that are subsidized through the fund created or maintained a combined 33,460 new jobs in 2010. Although 28 of the companies failed to meet their job targets, and at least four of those contracts were terminated, 25 reported a job surplus, which led to a total of 9,795 more jobs than the contracts required.
But Craig McDonald, the executive director of Texans for Public Justice, which tracks money and political influence in Texas politics, said the job growth cited by the governors office is misleading. A report released by Mr. McDonalds group last month said that amendments to recipients state contracts, lowering targets or postponing deadlines, undercut the job promises.
http://www.nytimes.com/2011/12/23/us/rick-perrys-job-creation-initiatives-in-texas-are-questioned.html?_r=1&nl=todaysheadlines&emc=tha24