[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Freepers Still Love war

Parody ... Jump / Trump --- van Halen jump

"The Democrat Meltdown Continues"

"Yes, We Need Deportations Without Due Process"

"Trump's Tariff Play Smart, Strategic, Working"

"Leftists Make Desperate Attempt to Discredit Photo of Abrego Garcia's MS-13 Tattoos. Here Are Receipts"

"Trump Administration Freezes $2 Billion After Harvard Refuses to Meet Demands"on After Harvard Refuses to Meet Demands

"Doctors Committing Insurance Fraud to Conceal Trans Procedures, Texas Children’s Whistleblower Testifies"

"Left Using '8647' Symbol for Violence Against Trump, Musk"

KawasakiÂ’s new rideable robohorse is straight out of a sci-fi novel

"Trade should work for America, not rule it"

"The Stakes Couldn’t Be Higher in Wisconsin’s Supreme Court Race – What’s at Risk for the GOP"

"How Trump caught big-government fans in their own trap"

‘Are You Prepared for Violence?’

Greek Orthodox Archbishop gives President Trump a Cross, tells him "Make America Invincible"

"Trump signs executive order eliminating the Department of Education!!!"

"If AOC Is the Democratic Future, the Party Is Even Worse Off Than We Think"

"Ending EPA Overreach"

Closest Look Ever at How Pyramids Were Built

Moment the SpaceX crew Meets Stranded ISS Crew

The Exodus Pharaoh EXPLAINED!

Did the Israelites Really Cross the Red Sea? Stunning Evidence of the Location of Red Sea Crossing!

Are we experiencing a Triumph of Orthodoxy?

Judge Napolitano with Konstantin Malofeev (Moscow, Russia)

"Trump Administration Cancels Most USAID Programs, Folds Others into State Department"

Introducing Manus: The General AI Agent

"Chinese Spies in Our Military? Straight to Jail"

Any suggestion that the USA and NATO are "Helping" or have ever helped Ukraine needs to be shot down instantly

"Real problem with the Palestinians: Nobody wants them"

ACDC & The Rolling Stones - Rock Me Baby

Magnus Carlsen gives a London System lesson!

"The Democrats Are Suffering Through a Drought of Generational Talent"

7 Tactics Of The Enemy To Weaken Your Faith

Strange And Biblical Events Are Happening

Every year ... BusiesT casino gambling day -- in Las Vegas

Trump’s DOGE Plan Is Legally Untouchable—Elon Musk Holds the Scalpel

Palestinians: What do you think of the Trump plan for Gaza?

What Happens Inside Gaza’s Secret Tunnels? | Unpacked

Hamas Torture Bodycam Footage: "These Monsters Filmed it All" | IDF Warfighter Doron Keidar, Ep. 225

EXPOSED: The Dark Truth About the Hostages in Gaza

New Task Force Ready To Expose Dark Secrets

Egypt Amasses Forces on Israel’s Southern Border | World War 3 About to Start?

"Trump wants to dismantle the Education Department. Here’s how it would work"

test

"Federal Workers Concerned That Returning To Office Will Interfere With Them Not Working"

"Yes, the Democrats Have a Governing Problem – They Blame America First, Then Govern Accordingly"

"Trump and His New Frenemies, Abroad and at Home"

"The Left’s Sin Is of Omission and Lost Opportunity"

"How Trump’s team will break down the woke bureaucracy"

Pete Hegseth will be confirmed in a few minutes


Status: Not Logged In; Sign In

United States News
See other United States News Articles

Title: GOP front-runner Perry's four economic vulnerabilities
Source: MSNBC
URL Source: http://today.msnbc.msn.com/id/44164452/ns/business-us_business/
Published: Aug 16, 2011
Author: staff
Post Date: 2011-08-16 17:25:48 by buckeroo
Keywords: None
Views: 675
Comments: 2

The latest GOP presidential contender has started running with the wind at his back. Unlike most other candidates — including President Obama — Texas Gov. Rick Perry can claim a measure of economic success over the last several years.

Texas has bucked some dispiriting national trends, with an unemployment rate that's lower than the national average and an economy that has held up relatively well during the devastating downturn. Perry's mission is to convince voters that if elected, he can replicate the "Texas Miracle" on a national scale. ---SNIP ---

Click for Full Text!

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: All (#0)

Notice the headline of the article: "GOP front-runner Perry's four economic vulnerabilities" .... who determined that?

buckeroo  posted on  2011-08-16   17:26:53 ET  Reply   Trace   Private Reply  


#2. To: buckeroo (#1)

Notice the headline of the article: "GOP front-runner Perry's four economic vulnerabilities" .... who determined that?

1. He's a big beneficiary of big-government

Perry's No. 1 talking point as a presidential candidate is job creation in Texas. He claims correctly that Texas has created more than one-third of all jobs in the country since the economic recovery began in mid-2009. What he doesn't mention is that virtually all of that job creation was in government, not in private industry.

Translation for Republican retards = He is a hypocrite.

2. The "Texas Miracle" is unraveling

Texas has been able to delay the kinds of sharp cutbacks in government payrolls and services that most other states have been forced to undertake, partly because of a strong energy sector that helped sustain the state's tax revenues during the early part of the recession. But Texas now seems poised for steep cuts in government services, just like many other strapped states.

Translation for Republican retards = By supporting the smaller govt kooks in the GOP he screwed his own state's growth.

3. What's good for Texas is bad for America's drivers

When oil and gas prices rise, the Texas economy gets a big boost. According to the Federal Reserve Bank of Dallas, every 10 percent rise in oil prices boosts annual economic output in Texas by half a percentage point, and employment by 0.36 percentage points.

Translation for Republican retards = Texas is in league with OPEC (When OPEC does well so does Texas).

4. He sounds clueless about monetary policy

Perry's first pronouncement on the Federal Reserve as a presidential candidate was a convoluted mouthful of economically illiterate posturing. When asked his opinion of the Fed, Perry said of chairman Ben Bernanke, "If this guy prints more money between now and the election ... we would treat him pretty ugly down in Texas. Printing more money to play politics at this particular time in American history is almost treacherous—or treasonous."

Translation for Republican retards = He might not sound stupid to the Republican cult members that don't listen to anyone other than their own kind but to the rest of the nation, including the big players in business, he sounds like a rube hick.

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-08-16   17:33:39 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com