Photoset reblogged from Pantsless Progressive with 69 notes
“…the nation as a whole added 264,000 government jobs, 2007-10, meaning public-sector jobs added in Texas account for almost half of the nation’s public-sector jobs over these years. How did that happen?
Well, Gov Perry has a funny way of going about that “inconsequential” thing. According to many news accounts from back in the Recovery Act days:
‘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.’
Now, I’ve got no problem with a state government using Recovery Act funds to retain or create jobs. In fact, the figure and quote above shows Texas to be following a traditional Keynesian game plan: as the private sector contracts, turn to the public sector to temporarily make up part of the difference. So, no disrespect Gov, but when you’re getting your Keynes on like that, no need to hide it behind all that anti-gov’t rhetoric.” - Jared Bernstein, CBPP
Friendly Reminder: Rick Perry is full of shit.
The ” small government Keynesian” is an old trick. Reagan did the same sort of thing: tripling the deficit and having...
Oops, did Mr. Job Creator from Texas forget to mention that he used stimulus funds and LOTS of public jobs to keep his...
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