Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

white cloud

(2,567 posts)
Fri Dec 23, 2011, 03:32 PM Dec 2011

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 governor’s 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 governor’s office is misleading. A report released by Mr. McDonald’s 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

2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Yes, Perry Has Lured Business to Texas. But How Many Jobs Created Is in Dispute. (Original Post) white cloud Dec 2011 OP
Always in dispute sonias Dec 2011 #1
He spent a fortune luring Countrywide and other sub-prime lenders here ashling Dec 2011 #2

ashling

(25,771 posts)
2. He spent a fortune luring Countrywide and other sub-prime lenders here
Mon Dec 26, 2011, 02:06 AM
Dec 2011

This is the type of business he brought to the state. Not only did he thus contribute Texas money, etc. to the lending scandals, those jobs are now gone.

Latest Discussions»Region Forums»Texas»Yes, Perry Has Lured Busi...