Run time: 15:24
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Posted on YouTube: June 20, 2011
By YouTube Member: politicalarticles
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Posted on DU: June 28, 2011
By DU Member: democracy1st
Views on DU: 505 |
Perry’s Texas Has Highest Percentage Of Minimum Wage Jobs In The NationGov. Rick Perry (R-TX) has been making some noise about potentially entering the 2012 Republican presidential race, and if he chooses to throw his hat into the ring, it’s quite clear that he will point to Texas’ economy as one of his credentials. “In Texas, you don’t have to use your imagination, saying, ‘What’ll happen if we apply this or that conservative principle?’” Perry said earlier this week. “You just need to look around, because they’ve been in play across our state for years, generating real results like unmatched job creation, more exports than any other state and a balanced budget.”
That Perry has a stellar record on job creation is simply not true. As the Austin American-Statesman noted, “while the national unemployment rate is 9.1 percent and the Texas unemployment rate is 8 percent, some 23 states, including New York, have lower unemployment rates.” In addition, “jobs grew at about the same rate during Democrat Ann Richards’ four years as governor” as they have under Perry.
Between 2008 and 2010, jobs actually grew at a faster pace in Massachusetts than they did in Texas, and “Texas has done worse than the rest of the country since the peak of national unemployment in October 2009.” But as it turns out, Texas is leading the nation in one employment metric — the number and percentage of minimum wage jobs:
http://thinkprogress.org/economy/2011/06/16/246892/perry-minumum-wage-jobs/