Taxprof.Typepad: Red States Feed at Federal Trough, Blue States Supply the Feed"

[DRSmith]

Left leaning? I'm apparently Michele Bachmann's biggest supporter?

Seriously, it has been kind of fascinating to watch the Tailgate's evolution over the 8 or so years I've been here. I remember when the board was solidly conservative, and the liberals were lonely voices in the wildnerness.

Which is what I'd expect on a football message board, actually, since this should tilt demographically towards male southerners.

It's been an interesting shift.

Could be that people are waking up to the fact that the conservative mantra espicially on finance has done more good than bad.

I mean one could point to Texas as see how things work but apparently from an article I was reading in many cases they have to import people from other states due to lack of education in Texas

[twa]

I mean one could point to Texas as see how things work but apparently from an article I was reading in many cases they have to import people from other states due to lack of education in Texas

Yep, a sad fact of life is so many migrating here received substandard schooling in other states that additional sources must be tapped
http://www.myvisajobs.com/Reports/H1...2011.aspx?T=WS

btw what's Cali+NY's excuse?

but don't worry,we will learn ya kid's up right.

Texans will keep the "Open for Business" sign out. Ya'll come on in if you want to work. Just leave the liberal crap where you came from.
http://texanomics.blogspot.com/

here is ya a eye opening chart
http://2.bp.blogspot.com/_7jykVQ83dk...+as+states.jpg
Texas Metro Areas Are Creating More Jobs than Entire States

[DRSmith]

H1b is for bringing people in from other countries what I was discussing was state migration

[twa]

H1b is for bringing people in from other countries what I was discussing was state migration

so was I , the millions moving here ain't all up to snuff to fill all the extra jobs.

dare I suggest a remedial reading class?...then we can move on to critical thinking

[DRSmith]

so was I , the millions moving here ain't all up to snuff to fill all the extra jobs.

dare I suggest a remedial reading class?...then we can move on to critical thinking

Anytime you are going to haveconcentrated mulitnationals you are going to have a high number of visas for foriegn workerd

Oil in Texs

Tech and entertainment related Cali

Finance in NY

[twa]

you think oil is the only thing here?

http://en.wikipedia.org/wiki/Economy_of_Texas
Much economic activity in Texas is regional. For example, the timber industry is important in East Texas's economy but a non-factor elsewhere. Houston, the state's largest urban economic enclave stands at the center of the petrochemical, biomedical research trades, shipping, and aerospace (particularly NASA). Dallas/Fort Worth houses the state's predominant defense manufacturing interests and the expansive information technology labor market. West Texas and the panhandle is dominated by ranching and the petroleum industry Austin's economy is dominated by the State Government, Educational Institutions, and the booming IT Industry.

[Boss_Hogg]

Texas is a HUGE supplier for the "feed."

and BTdubs, this blog is from 2004

[DRSmith]

you think oil is the only thing here?

http://en.wikipedia.org/wiki/Economy_of_Texas
Much economic activity in Texas is regional. For example, the timber industry is important in East Texas's economy but a non-factor elsewhere. Houston, the state's largest urban economic enclave stands at the center of the petrochemical, biomedical research trades, shipping, and aerospace (particularly NASA). Dallas/Fort Worth houses the state's predominant defense manufacturing interests and the expansive information technology labor market. West Texas and the panhandle is dominated by ranching and the petroleum industry Austin's economy is dominated by the State Government, Educational Institutions, and the booming IT Industry.

Hence why many of those imported are chemical engineers and computer folks

[Predicto]

twa, you are doing a good job defending your home territory, just like you should be doing. I know what it must feel like for you to read posts about Texas that are based on knowledge no deeper than old King of the Hill episodes. I've had to do the same thing for Cali and SF over and over, and it gets aggravating.

Clearly Texas is doing SOMETHING right these days, because it is on a roll economically.

[The Evil Genius]

Clearly Texas is doing SOMETHING right these days, because it is on a roll economically.

You mean other than the $27 billion dollar budget hole they "fixed" via great accounting maneuvers such as pushing the debt into the 2013 legislative session, right?

[AsburySkinsFan]

You mean other than the $27 billion dollar budget hole they "fixed" via great accounting maneuvers such as pushing the debt into the 2013 legislative session, right?

Seriously? Link?

[The Evil Genius]

Seriously? Link?

http://sunshinereview.org/index.php/Texas_state_budget

There are other articles that are more clear about the budget shenanigans - I will have to find them though.

edit...

http://www.oaoa.com/opinion/state-68...et-losers.html

http://www.theledger.com/article/201...-Scott-Florida

http://seguingazette.com/opinion/com...cc4c002e0.html

Having been told as early as 2006 that legislation he was pushing was going to put Texas in a hole; he has done nothing to prepare for it resulting in a $27 billion dollar shortfall. Even knowing that such a shortfall was coming, he introduced as emergency measures such as sonograms prior to any abortion, a law forbidding sanctuary cities even though none existed and a resolution demanding a balanced budget at the national level. Though there have been no cases of voter fraud, he demanded that it was an emergency and that the state pass a voter I.D. law. Nothing in his charge contained requests to help the state educational system or health care for Texans — who have the highest number of uninsured people in the United States.

The truth is - other than the no-housing bubble and job creation (that came from raiding other states because Texas offered lower business taxes) - Perry and the state are just like most of the other states.

They balance their budget through accounting shenanigans - because one party consistently refuses to pay (aka raise taxes) for the services that the people have demanded.

[AsburySkinsFan]

http://sunshinereview.org/index.php/Texas_state_budget

Oh I love a good financial shell game. Now at least we know where W. Bush learned how to hide massive debt spending when he didn't make war spending part of the budget.

[Baculus]

Ya'll are amusing

If ya read my posting history I don't even like Perry

Really? I never got that impression from you, and if that's true, you don't seem critical of his policies, or at least I have never seen it. Instead, you've fallen into "defend Texas!" mode. Case in point, this post, where you still can't admit to the fiscal issues created by Perry and the state legislate while you reach for some means to put Texas into a good light. I think your Texan identity prevents you from an honest assessment of the situation.

Bac you want to compare debt levels to what if not other states?....Ya wanna do countries?

Why can't you focus on Texan issues, amigo? Because it doesn't fit your "everything is fine and good about my state" narrative?

I'm born and raised in Maryland, and I love my state, but there are certainly problems there; I admit to this because I love my state. If your family has a problem, do you ignore it or try to fix it? If you believe America's problems need to be addressed, then why don't you feel the same way about your home?

Our economy is certainly bigger than most countries

That's besides the point.

Ya want to excuse it with oil when NY has massive deposits of gas....and how much was Wall Street and NY bailed out?

'
You're deflecting the issue at hand: the Texan deficit which you claimed didn't exist.

Texas received the second lowest amount of bailout money(per capita) and will be paying for most of ya'lls from the looks of it...and you're bitching

Well, so much for the conservative consistency. "Evil bailout! Please give us some!"

BTW, here is a quote from an article on this subject:

"Turns out Texas was the state that depended the most on those very stimulus funds to plug nearly 97% of its shortfall for fiscal 2010, according to the National Conference of State Legislatures."

http://money.cnn.com/2011/01/23/news...mulus/?cnn=yes

But hey, as long as it's Texas, I suppose you're A-OK with this. :-)

[twa]

You mean other than the $27 billion dollar budget hole they "fixed" via great accounting maneuvers such as pushing the debt into the 2013 legislative session, right?

Maybe ya'll need to borrow some of our accountants?
you are gonna need them with the coming pension mess

debt cannot be passed forward to another legislature.
watch and we will learn who's figures and projections are correct.(like the 9 Billion rainy day fund)


Bac I gave you figures on actual state debt(which you wish to ignore)

a deficit would mean we spent more than we have,which is not the case...shortfalls in projections tend to happen over two ys....and yes we tend to shortchange projections to keep spending in check.

Starting every budget with 0 also helps