Monday, May 16, 2011

Commentary on Rick Perry's approach to economic Development

The post by Anabel on educational cuts by rick perry has caught my attention. I support rick perry's approach to economic development  Texas has consistently been ranked as one of the best places to do business in the nation under Gov. Perry’s leadership. Aggressive job creations and property Tax reductions are among some of his approaches for economic development.  Since July 2003, Texas has created more than 1 million net new jobs. In 2008, more than half of the jobs created in the entire nation were created in Texas. In October and November of 2009, Texas gained 70,000 jobs while the nation as a whole lost 122,000 jobs. The Texas Enterprise Fund, the largest job creation fund of its kind in the nation, began under Perry in 2003 and is generating more than 55,000 new jobs and $15 billion in capital investment for Texas. Gov. Perry also championed $15.5 billion in property tax reductions, which resulted in a 33 percent decrease in school property tax rates for Texas homeowners and businesses. Perry said that he wasn't cutting on public education on one of his interviews. http://www.youtube.com/watch?v=A5oaJCv25EE . Although local school officials and education groups overwhelmingly blame the state for forcing the potential layoffs, the ultimate responsibility for district layoffs rests in the hands of local school officials, not the state.

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