Author Topic: Oops: The Texas Miracle That Isn’t  (Read 20956 times)

NotNow

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Re: Oops: The Texas Miracle That Isn’t
« Reply #60 on: May 22, 2014, 10:48:28 PM »
The high school grad rates was an example of the true story in response to your article. 

You do understand that "percentage of the adult population who graduated from high school" is different than graduation rates, right?

If one was to put a little thought into the statistics being thrown around, one might realize that in a state that is in the top five states in high school graduation rates and yet showed one of the lowest percentages of adult high school graduates there must be some unusual circumstances.  While your article wants to present a negative image, it is quoting selected facts.  A state that leads in high school graduation rates should be emulated, don't you agree?  Texas produces a lot of jobs.  These jobs are filled by immigrants from other states or countries who often don't have a high school diploma.  Yet Texas maintains one of the lowest unemployment rates(6.2%, about 2.5% lower than CA), despite the rapid inflow of population. Of course, this speaks well of the state, so the information is ignored in an article designed to make a political point.

The democrat/republican sideshow has been nothing but harmful to our republic, and the endless "debate" is boring.

Not nearly as harmful as the one side refusing to believe reality, and instead just making up their own "facts".

I suppose that depends on your definition of reality.  You appear to be denying that the Texas economy has outpaced the rest of the nation.   Although you point out the fact that your own article admits this fact, just before making an impassioned argument that it is not true.  Your explanation of the population growth in Texas is...illegal immigration.   

This selective use of facts and  ad hominem attack speaks for itself. 
Deo adjuvante non timendum

NotNow

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Re: Oops: The Texas Miracle That Isn’t
« Reply #61 on: May 22, 2014, 11:26:19 PM »
 
 
The Coyote Principle
 




   
 



I don't want to be picking on California all the time (though they do make it easy), but a wise, highly lettered relative of mine told me this story recently about a coyote, that I feel like I have to pass on:
 
One day, a California politician was out jogging with his dog on a nature trail when a coyote attacked his pet.  During the melee, the dog was killed and the Governor was bitten, while the coyote got away.
 
The man thought to pursue the beast, but soon realized he had no way of practically killing the animal and upon deeper reflection convinced himself that he should do nothing because the coyote was only doing what was in its nature, and he had been trespassing on the coyote's territory.
 
Instead the California politician called animal control, who captured a coyote a week later and billed the state $200 for disease testing and $500 for relocation.  They also collected the dead dog, administering a couple more $200 tests, in accordance with state law.
 
Because they couldn't be sure if the coyote was rabid at the time of the bite, the politician was rushed to the hospital (courtesy of a $700 dollar ambulance ride), where he received $3,500 in medical treatment, all billed to the state.  As news of  the attack spread, complaints flooded into local services and the nature trail was "shut down" for 6 months so that Fish & Game could conduct a $100,000 survey to make sure the area was free of dangerous animals.  Additionally, the politician's security agent was fired for failing to prevent the attack and $150,000 of taxpayer money was spent training a new agent (with an additional $50,000 for special training regarding the nature of coyotes).
 
Inspired by his harrowing ordeal, the politician headed back to the state house where he courted $50,000 in funds to implement a "coyote awareness program" from his fellow politicians and another $50,000 publicizing the program through local media spots.  He also convinced the State Legislature to spend $7 million to study how to better treat rabies and how to permanently eradicate the disease throughout the world, so that a story like his would never happen again.  Finally, PETA protested the coyote's relocation and filed a $100 million suit against the state.
 
Meanwhile, on the very same day, a Texas politician was jogging with his dog on a nature trail, when a coyote jumped out and attacked his pet. The politician shot the coyote one time with his state-issued pistol, costing him about $.50 for the good quality .45 ACP hollow point cartridge he favored.  He told his family about the experience over supper that evening as the buzzards ate the dead coyote.
 
And that is why California is broke and Texas is not.   ;)
 


From Guns.com
Deo adjuvante non timendum

Anti redneck

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Re: Oops: The Texas Miracle That Isn’t
« Reply #62 on: May 23, 2014, 02:33:01 AM »
People. It's not a Democrat thing, it's not a Republican thing. Both parties should be blamed equally and as soon as everybody chooses their leaders based on character and not political party preference, the sooner things can get back on track. Obama has let us down, I think we can all agree on that, but Bush was no hero, either. Time to see the brighter picture, here.

"Together we stand, divided we fall." -Pink Floyd

finehoe

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Re: Oops: The Texas Miracle That Isn’t
« Reply #63 on: June 08, 2015, 12:01:29 PM »
    Remember the Texas economic miracle? In 2012, it was one of the three main arguments from then-Gov. Rick Perry about why he should be president, along with his strong support from the religious right and something else I can’t remember (sorry, couldn’t help myself). More broadly, conservatives have long held Texas up as a supposed demonstration that low taxes on the rich and harsh treatment of the poor are the keys to prosperity.

    So it’s interesting to note that Texas is looking a lot less miraculous lately... To be fair, we’re talking about a modest stumble, not a collapse. Still, events in Texas and other states — notably Kansas and California — are providing yet another object demonstration that the tax-cut obsession that dominates the modern Republican Party is all wrong. ...

    Now, there’s no mystery about what is happening: It’s all about the hydrocarbons..., one of the ... big drivers of Texas growth has gone into reverse, as low world oil prices are bringing the fracking boom to a screeching halt. Hey, things like that happen to every state now and then. ...

    For those who haven’t been following the Kansas story, in 2012, Sam Brownback, the state’s hard-right governor, pushed through large tax cuts that would, he promised, lead to rapid economic growth with little, if any, loss of revenue. But the promised boom never materialized, while big budget deficits did.

    And, meanwhile, there’s California, long mocked by the right as an economy doomed by its liberal politics. Not so much, it turns out: The budget is back in surplus in part because the emergence of a Democratic supermajority finally made it possible to enact tax increases, and the state is experiencing a solid recovery. ...

    Will anyone on the right take heed? Probably not..., belief that tax cuts are a universal elixir that cures all economic ills is the ultimate zombie idea... Nothing that has happened in the past quarter century has supported tax-cut mania, yet the doctrine’s hold on the Republican Party is stronger than ever. It would be foolish to expect recent events to make much difference.

    Still, the spectacle of the Texas economy coming back to earth, and Kansas sliding over the edge should at the very least make right-wing bombast ring hollow, in the general election if not in the primary. And someday, maybe, even conservatives will once again become willing to look at the facts.

www.nytimes.com/2015/06/05/opinion/lone-star-stumble.html

Adam White

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Re: Oops: The Texas Miracle That Isn’t
« Reply #64 on: June 08, 2015, 12:16:33 PM »
Reminds me of the Chilean Miracle that turned out to be not so miraculous.
“If you're going to play it out of tune, then play it out of tune properly.”

For_F-L-O-R-I-D-A

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Re: Oops: The Texas Miracle That Isn’t
« Reply #65 on: June 08, 2015, 02:50:39 PM »
    Remember the Texas economic miracle? In 2012, it was one of the three main arguments from then-Gov. Rick Perry about why he should be president, along with his strong support from the religious right and something else I can’t remember (sorry, couldn’t help myself). More broadly, conservatives have long held Texas up as a supposed demonstration that low taxes on the rich and harsh treatment of the poor are the keys to prosperity.

    So it’s interesting to note that Texas is looking a lot less miraculous lately... To be fair, we’re talking about a modest stumble, not a collapse. Still, events in Texas and other states — notably Kansas and California — are providing yet another object demonstration that the tax-cut obsession that dominates the modern Republican Party is all wrong. ...

    Now, there’s no mystery about what is happening: It’s all about the hydrocarbons..., one of the ... big drivers of Texas growth has gone into reverse, as low world oil prices are bringing the fracking boom to a screeching halt. Hey, things like that happen to every state now and then. ...

    For those who haven’t been following the Kansas story, in 2012, Sam Brownback, the state’s hard-right governor, pushed through large tax cuts that would, he promised, lead to rapid economic growth with little, if any, loss of revenue. But the promised boom never materialized, while big budget deficits did.

    And, meanwhile, there’s California, long mocked by the right as an economy doomed by its liberal politics. Not so much, it turns out: The budget is back in surplus in part because the emergence of a Democratic supermajority finally made it possible to enact tax increases, and the state is experiencing a solid recovery. ...

    Will anyone on the right take heed? Probably not..., belief that tax cuts are a universal elixir that cures all economic ills is the ultimate zombie idea... Nothing that has happened in the past quarter century has supported tax-cut mania, yet the doctrine’s hold on the Republican Party is stronger than ever. It would be foolish to expect recent events to make much difference.

    Still, the spectacle of the Texas economy coming back to earth, and Kansas sliding over the edge should at the very least make right-wing bombast ring hollow, in the general election if not in the primary. And someday, maybe, even conservatives will once again become willing to look at the facts.

www.nytimes.com/2015/06/05/opinion/lone-star-stumble.html

California has a built in economic engine with Silicon Valley. It is the "Wall Street" of Innovation. Nothing get's funded without going through the VCs in Silicon. That is also the same reason New York or even Massachusetts are on solid footing long term. States like Illinois are not as lucky and are finding it harder to compete because they don't have the built in advantage in this current economic landscape and they are still spending too much. Texas will be fine though with its own built in economic advantage which is oil long term. At this point, tourism is what drives our economy in Florida.

spuwho

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Re: Oops: The Texas Miracle That Isn’t
« Reply #66 on: June 08, 2015, 03:09:29 PM »
The lesson here is that a states economic policy should be tailored to the conditions of each state.  Assuming that just some political dogma, regardless of its source, is some kind of golden arrow is kidding themselves.

fsquid

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Re: Oops: The Texas Miracle That Isn’t
« Reply #67 on: June 08, 2015, 03:23:42 PM »
I'm going to bet that Texas is going to be ok.

For_F-L-O-R-I-D-A

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Re: Oops: The Texas Miracle That Isn’t
« Reply #68 on: June 08, 2015, 06:06:13 PM »
The lesson here is that a states economic policy should be tailored to the conditions of each state.  Assuming that just some political dogma, regardless of its source, is some kind of golden arrow is kidding themselves.

Florida is in a competition mode with states like Tennessee, Georgia, North Carolina, and Texas as being that next level destination for business and innovation. California (Silicon, Entertainment), Massachusetts (MIT, Harvard), or New York (Wall Street) already have their base. That is why NY started offering tax benefits to businesses starting outside of Manhattan because the rest of the state was very depressed while NYC is booming.

Oil is down so that temporarily hurts Texas. But Texas has been taking a lot of business from California especially in Houston, Austin and Dallas, but California just has that much business to spare.

finehoe

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Re: Oops: The Texas Miracle That Isn’t
« Reply #69 on: March 25, 2016, 11:40:09 AM »
Further proof that the so-called "Texas Miracle" was all about high oil prices and not about how well outdated GOP economic policies work in the real world:

http://www.businessinsider.com/oil-crash-impact-on-housing-market-2016-3

I-10east

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Re: Oops: The Texas Miracle That Isn’t
« Reply #70 on: March 28, 2017, 09:01:33 PM »
I'm not gonna even talk political, figure it out on your own. Is it any coincidence that many are leaving Cali for Texas, Oklahoma, and other similar places? Texas is kicking California's ass when it comes to city growth. Look at Dallas and Houston, that's AMAZING growth for such large metros! Smaller cities in Cali (like San Diego, Sac Town etc) aren't having growth like that.

Not to mention all of the midsized TX cities with great growth. Look at the Florida metros, respectable growth; look at Jax's growth, it's very significant from last year (currently at +9.86). We're on the path to surpass some cities ahead of us in metro population.

https://en.wikipedia.org/wiki/List_of_Metropolitan_Statistical_Areas

finehoe

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Re: Oops: The Texas Miracle That Isn’t
« Reply #71 on: March 29, 2017, 08:59:13 AM »
...figure it out on your own.

Indeed. 

Quote
...economic metrics show California faring better than Texas in several, though not all, categories: California’s GDP expanded faster than Texas’ GDP in the first two quarters of this year, though Texas had a faster GDP growth rate in 2015. Also, per capita income grew twice as fast in California as Texas...

http://www.politifact.com/california/statements/2016/dec/19/jerry-brown/are-jobs-california-growing-hell-lot-faster-texas/

So if low-wage jobs are your goal, then by all means follow the TX model.

Murder_me_Rachel

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Re: Oops: The Texas Miracle That Isn’t
« Reply #72 on: March 29, 2017, 09:38:56 AM »
Moreover, this misses the point entirely: Texas isnt "creating" jobs.  They're just re-locating them from other states.  There's been excellent reporting on the fact that "job creation" is pretty much bullshit.  It's just corporations playing states off of each other and gouging them for tax subsidies and other perks in order to just move their jobs; they aren't "creating" anything.

FlaBoy

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Re: Oops: The Texas Miracle That Isn’t
« Reply #73 on: March 29, 2017, 09:59:03 AM »
Moreover, this misses the point entirely: Texas isnt "creating" jobs.  They're just re-locating them from other states.  There's been excellent reporting on the fact that "job creation" is pretty much bullshit.  It's just corporations playing states off of each other and gouging them for tax subsidies and other perks in order to just move their jobs; they aren't "creating" anything.

They may be relocating some business but they are also creating job left and right. There are a ton of business start ups in Dallas, Houston, and Austin specifically.

finehoe

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Re: Oops: The Texas Miracle That Isn’t
« Reply #74 on: March 29, 2017, 11:02:53 AM »
There are a ton of business start ups in Dallas, Houston, and Austin specifically.

Looks like San Francisco and San Jose are holding there own with Austin and Houston.  Dallas doesn't make the top ten.