Texas budget could cost 600,000 jobs (BBC)

[eppur_se_muova]

By Tami Luhby, senior writerMarch 24, 2011: 5:55 PM ET


NEW YORK (CNNMoney) -- Texas could see more than 600,000 jobs disappear if lawmakers adopt the $83.8 billion budget that will go before the state House late next week, according to a state agency.

Harsh spending cuts in the budget could cost more than 263,500 private sector jobs and 343,000 government positions over the next two years, according to estimates released Wednesday by the Legislative Budget Board, a bipartisan committee.

This projection, which is based on mathematical calculations, runs counter to the pro-job push underway by Gov. Rick Perry and Republican lawmakers.

The budget slashes spending by nearly $23 billion, or 12.3%. The drop reflects the loss of federal stimulus money, but it also includes a $4.5 billion cut in state spending. Education, social service agencies and public health providers would see major funding decreases.

Democrats immediately pounced on the report, using it to argue that lawmakers should tap the state's rainy day fund and take other steps to save the jobs.
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more: http://money.cnn.com/2011/03/24/news/economy/texas_budget_jobs/index.htm

[sakabatou]

1. Rick Perry: Jobs? What Jobs?

[Zoeisright]

2. That's repukes for you.

Hurt as many people as possible, while protecting the fragile rich.

[aquart]

4. Regressives. Use it often and in front of them.

Repukes is childish. Regressives is kneecapping.

[Imagevision]

3. It appears repugs can do sh*t to promote new jobs - Hey Boner... WTF?

[DFW]

5. My state spends shit on education

There is one public high school (luckily in my district) that manages to keep itself flush in cash
due to local funding, and is as well-equipped as most New England private schools, but it is an oasis
in the swamp, and the rest of the state is a collection of public schools so strapped for cash and
facilities that in my part of Dallas, to enroll our kids in the local high school, we have to present
more documentation than you'd need to join the Secret Service presidential detail. There are many, many
desperate parents who try to fake their residence to get their kids into this one high school, which
has some really good teachers who really care.

Ironically, a huge percentage of the kids that go there don't care shit about it, being often stuffed
with cash, drugs and fancy cars by their uncaring (and often absent) rich Republican parents. Welcome
to Texas. There are people who think and care living there, and they are tolerated as long as they don't
make too much noise, or think out loud. I've never been down to Austin, but I'm told it's better down there
except for the low-lifes running the State government.

[justabob]

6. it is true

All of it. I attended that high school (unless I am very mistaken....HPHS? yes?) Great school, great teachers..... too bad about 75% of the student/parent body there being what they are.

[DFW]

7. HPHS it is (probably not too many Dallas public schools like that)

My daughter had a great time there. It was her first time having school in English (this was 1999),
and it was quite a change from Germany. But she made precious few friends among the students--mostly
other "exchange" students like her (more or less, anyway) from "elsewhere."

[justabob]

9. only the magnets in DISD

I definitely value the education I got at HP, and still think of teachers regularly, but the social part was pretty awful. The Bubble.... enough said. :)

[dkf]

8. If revenues aren't jumping up to levels that can support the size of Government then using a rainy

Day fund only puts things off.

The decline in asset prices and therefore household wealth has changed Americans spending habits. Unless Profligate spending returns, this savings building may become a habit. That would mean a jump in revenue wouldn't happen soon.

[TBF]

10. At our PTO meeting last night (suburban Houston) we were told

they are planning for ratios of 1:25 next year. This year the largest classes were 1:22, my daughter's class is 1:20.

We are in a fairly affluent area, with parents who contribute a lot of time/money to the school. It is also a "closed campus" meaning they will not allow other students to transfer in - you must be zoned to this school to attend. Can only imagine what it's going to look like in less prosperous areas of TX.

[w8liftinglady]

13. Yes. My partner teaches in DISD

http://www.dallasisd.org/finoutlook/resources/financial_outlook_rev03.pdf


They are looking at possible loss of 2000+ teachers and 800+ non-teachers.

In DISD.

Where over 80% are at or below the poverty level.


They are looking at an increase of 25% in their classroom size.

[Bandit]

11. As Speaker Boehner would say..... "So Be It"

When they say it is all about jobs I don't think they mean creating jobs but destroying jobs..So Be It..

[manicdrummer]

12. Secession! Then kick out all the Repubuglicans!

The people are who make this country great, not crooked politicians. If Texas becomes its own country, no one can tell Texas what to do.