- Feb 12, 2009
- Reaction score
- Guy Store, Texas
Stimulus Miracle: “In Texas, we actually know it is a good idea to look a gift horse in the mouth.” Rick Perry rejected $555 million in unemployment insurance from the federal government, only to accepted $14 billion in other federal stimulus dollars. The San Antonio Business Journal reported that economic stimulus initiative created about 2.2 million to 2.8 million jobs nationwide in the first three months of 2010, and Texas reported 205,000 jobs which was the second largest number of job increases in the nation.
Crony Capitalism: Perry has used the governor’s office to ensure that top campaign donors were rewarded with state money or appointed to high profile positions. As the New York Times reported, over three terms in office, Mr. Perry’s administration has doled out grants, tax breaks, contracts and appointments to hundreds of his most generous supporters and their businesses. According to a study by Texans for Public Justice, Perry has raised at least $17 million from more than 900 appointees or their spouses, roughly one dollar out of every five that he has raised as governor.
Corporate Welfare: The businesses and jobs that have relocated to Texas have not just been motivated by low regulation and low taxation. Time magazine reported that since 2003 Texas has spent $732 million in tax credits and subsidies to companies that relocated to the Lone Star State.
Like I have been saying Perry has a pretty crazy way of doing things here in Texas. I would like to get him out of Texas, but I don't think Washington is the place for him.