SAN ANTONIO – Gov. Rick Perry today touted the important strides Texas has made in bolstering transportation infrastructure in the state since 2001. The governor spoke at the Ninth Annual Texas Transportation Forum, where the Texas Transportation Commission announced the creation of the Governor Rick Perry Leadership in Transportation Award. Beginning next year, the award will be presented annually to recognize leaders who have shown a commitment to advancing transportation infrastructure in Texas.
AUSTIN – Gov. Rick Perry issued the following statement regarding the death of Harold Simmons:
“Harold Simmons was a true Texas giant, rising from humble beginnings and seizing the limitless opportunity for success we so deeply cherish in our great state. His legacy of hard work and giving, particularly to his beloved University of Texas, will live on for generations. Anita and I send our thoughts and prayers to the Simmons family.”
Dallas Federal Reserve Bank President Richard Fisher does a terrific job in this speech talking about the strong economy that Gov. Rick Perry put in place. From creating jobs to fostering growth in many sectors, Fisher underscores that Governor Perry's policies deserve credit for the ongoing strength of the Texas economy.
(With Reference to Gen. Sheridan and John Steinbeck)
Remarks before the Dallas Breakfast Group
Dallas, Texas · December 19, 2013
Thank you, Margaret [Keliher].
Today I am going to talk about one subject only: the Texas economy. As you know, just yesterday I was in Washington for the meeting of the Federal Open Market Committee (FOMC). At the end of the meeting, a statement was issued as to what that committee consisting of the 12 Federal Reserve Bank presidents and six members of the Fed’s Board of Governors decided regarding the course of monetary policy; Chairman Bernanke followed with a press conference. In keeping with our tradition, this morning I will refrain from commenting on the decisions made. We are under a self-imposed “communication blackout” regarding our views about macroeconomic developments or monetary policy issues until after midnight tonight. So if you wish, call me at home at 12:01 tomorrow morning and … incur the eternal wrath of my wife, Nancy!
Some of you have undoubtedly heard Gen. Philip Sheridan’s notable expression, “If I owned Texas and hell, I would rent out Texas and live in hell.” Although he reportedly recanted his statement, even a man as renowned for his cruelty as Gen. Sheridan would certainly have changed his opinion if he were around today. It wouldn’t have taken him long after crossing the river Styx to realize that rather than renting out Texas he would have been better off purchasing every bit of it. His return on investment would have been astronomical. My hunch is that Sheridan would want to live in Texas with you and me and would seek to rent out hell—perhaps to the U.S. Congress, though it would have to be free of charge given their fiscal predicament!
Gov. Rick Perry today released the following statement on the November labor market statistics:
"What all these great unemployment statistics really add up to, our lowest unemployment rate in nearly five years, a declining unemployment rate for four consecutive months and more than a quarter-million jobs added since this time last year, is that Texas is creating jobs and opportunity. Whether it's the steadily dropping unemployment rate or recent estimates that Texas will have billions left on hand at the end of the current biennium, the news continues to demonstrate that the Texas way of low taxes and individual freedom works. We've been the national epicenter for all kinds of job creation for over a decade, and all indications are that won't change anytime soon."
While the national economy is still struggling to recover, employers in Texas still have a strong, positive environment for creating jobs. Under Governor Perry’s leadership Texas has maintained a business-friendly climate of no income tax, low taxes, smart and fair regulations, and tort reform legislation to establish fair courts.
Looking at these just released numbers from the Texas Workforce Commission provides some strong evidence. In October, Texas’ private sector recorded a strong annual growth rate of 2.9 percent, and Texas’ unemployment rate fell to 6.2 percent, down from 6.3 percent in September and 6.5 percent in July. Texas’ unemployment remains well below the national October unemployment rate of 7.3 percent.
Adding 267,400 jobs this year alone, Texas was home to an estimated 11,232,700 nonfarm jobs. Texas added an estimated 7,400 positions in October following an increase of 36,400 jobs in September, a total of 43,800 jobs added over the last two months.
The Texas economy continues to move forward, with every major industry showing positive growth over the last year. Texas' future continues to look bright.
"It was great working with our British friends to welcome F1 racing back to Austin and the Circuit of the Americas for the second annual U.S. Grand Prix. F1 racing is a natural fit for us in Texas – we do things big and our passion for sports runs deep. And since F1 is the most-watched annual television sport around the globe, Texas put on another great race for all the world to see." - Governor Rick Perry