Gov. Rick Perry today spoke at the Texas Association of Business (TAB) Annual Conference Luncheon to honor the 2010 Best Companies to Work For in Texas and accept TAB’s endorsement for his re-election. The endorsement confirmed that over a million individuals through their groups and organizations have stood up and said they are backing the Governor in his gubernatorial bid for 2010.
View all the pictures from the press conference by visiting Rick Perry's Flickr page.
Another great way to see updates from the campaign is by joining the nearly 3,000 people who follow @GovPerry2010 on Twitter.
Yesterday, Governor Perry highlighted the importance of strengthening our state’s education, maintaining a focus on job creation efforts, and upholding principles of fiscal responsibility as the keys to continuing Texas’ success. He spoke at Receptor Logic, a company working to develop therapies for cancer and infectious disease.
View all the pictures from the press conference by visiting Rick Perry's Flickr page.
Another great way to see updates from the trail is by joining the nearly 3,000 people who follow @GovPerry2010 on Twitter.
Gov. Rick Perry will be joined by former Alaska Gov. Sarah Palin at a rally in support of his re-election campaign on Sunday, Feb. 7 in the Houston area.
“I look forward to standing with Sarah to promote our shared conservative values of limited government, low taxes and individual freedom,” said Gov. Perry. “Gov. Palin is a true conservative leader whose priorities and message resonate with Texans, and I am honored to have her in Texas supporting my campaign.”
Gov. Palin will campaign with Gov. Perry to highlight the positive momentum Texas is experiencing through conservative leadership that has cut taxes, created jobs, strengthened education and secured our border.
Even as the recession put the brakes on mobility across America, Dallas-Fort Worth led the nation in population growth for the 12 months that ended July 1, according to new census estimates released Tuesday.
The Metroplex added 146,530 people. The Houston area wasn't far behind, adding 140,784, the second-highest increase. Los Angeles (106,402), New York City (101,295) and Washington, D.C. (98,305) rounded out the top five.
Austin (50,975) was 12th and San Antonio (41,437) was 16th.
The Texas metropolitan areas stand out, demographers say.
This may seem like a dumb question: where is it good to be a young adult? The easy answer is everywhere. But some metro areas, starting with Austin, are kinda awesome.
The Southwest is the new frontier for young Americans—the region where those in their 20s and 30s have the best chance of establishing themselves in a recessionary economy.
Five Southwestern metropolitan areas, led by No. 1 Austin, rank among the nation’s 10 best places for young adults, according to a new Portfolio.com/bizjournals study.
Two qualities help Austin—the host of the annual South by Southwest music, film, and interactive conference and festival—to stand out among the nation’s largest metros:
— Two thirds of the nation’s major markets have fewer jobs now than five years ago, but Austin added 99,200 jobs during that span. Its annual employment-growth rate of 2.8 percent is the fastest in America.
— Austin has the strongest concentration of young people among the 67 metros. Twenty-eight percent of its residents are between the ages of 18 and 34. The median for the study group is 23.1 percent.
Washington, Raleigh, and Boston are the three runners-up in the study’s rankings of the best places for young adults. They’re followed by four Southwestern metros—Houston, Oklahoma City, Dallas-Fort Worth, and Tulsa—that occupy fifth through eighth place.
Portfolio.com/bizjournals analyzed the 67 U.S. metropolitan areas with populations above 750,000, searching for qualities that would appeal to workers in their 20s and early 30s. The study’s 10-part formula gave the highest marks to places with strong growth rates, moderate costs of living, and substantial pools of young adults who are college-educated and employed. (See the methodology sidebar for details.)
Here’s a quick look at the very best places—the top-10 metros for young adults.
1. Austin: Its attractiveness to young adults is broadly based, and it ranks among the 10 leading markets in five of the categories that were analyzed. This isn’t the first time Austin takes top honors in a Portfolio.com/bizjournals analysis. Earlier this year, the city was named the best city in which to launch a small business.
5. Houston: Employment opportunities abound in Houston, where the job-growth rate (1.7 percent per year) ranks among the five best in the nation. And so does its annual upswing in per capita income (6.6 percent).
7. Dallas-Fort Worth: The recession caused some backsliding in 2009, but Dallas-Fort Worth still has 206,000 more jobs than it did five years ago. Local population is zipping higher by 2.4 percent per year.
The least desirable market for young adults, according to the Portfolio.com/bizjournals study, is Detroit, which shares the pain of the major automotive corporations based there.
Detroit is saddled with the nation’s worst unemployment rate for young adults, the slowest rate of income growth, and the biggest decline in overall employment. A total of 343,700 jobs have disappeared from the Detroit area during the past five years. This isn’t the first time Detroit has come up short this year in a Portolio.com/bizjournals study: It came in last in the January analysis of small-business vitality and was the lowest-ranking major city in February’s review of U.S. wealth centers.
Two Midwestern industrial markets and two Sunbelt metros round out the bottom five. These areas may differ in geography, but they share a lack of attractiveness to young adults: Cleveland (66th place), Dayton, Ohio (65th), Tampa-St. Petersburg (64th), and California’s Riverside-San Bernardino area (63rd).
Economist Michael Cox has a slogan to suggest if you're trying to attract talented workers from either coast: Move here and get a free BMW.
It's not false advertising, says the former chief economist for the Federal Reserve Bank of Dallas, who's now at Southern Methodist University.
Most professionals working in the Northeast and California pay the equivalent of a year's worth of expensive car payments in annual personal income tax – which we don't have.
But we don't need an ad campaign to encourage immigration to North Texas.
Every year for the last three years, Dallas-Fort Worth has added a Little Rock to our population, Cox says. Maintain that annual increase of 165,000 for three years, and we will have "annexed" a San Jose, Calif., since 2007.
"Every six years, we add a million people," says Cox, who heads the O'Neil Center for Global Markets and Freedom at SMU. "That's unbelievable. When they lose their jobs in Cleveland, they say, 'OK, let's pack up and move to Dallas.' "
"Over the past 30 years, Michigan pretty much lost the auto and truck industry to the Sun Belt. When Honda, Toyota, BMW, Mercedes-Benz, Hyundai and other international competitors came to the U.S., they almost exclusively chose Sun Belt locations," he says.
"The same thing is now happening to California." And this time, companies are beating a path to Texas.
Niemi cites a study done by Bain & Co. a few years ago that surveyed the CEOs of all companies headquartered in California.
"Forty percent said they were making plans to leave the state," Niemi says. "Of those planning to leave, 35 percent said they would likely move offshore to find cheaper labor, 36 percent said they were planning to move to Texas and the remaining 29 percent said they would relocate somewhere else in the U.S."
A recent Associated Press headline makes it abundantly clear why Texas was right to turn down federal "Race to the Top" funding last month.
The story was titled, "Schools face big budget holes as stimulus runs out."
"The nation's public schools are falling under severe financial stress as states slash education spending and drain federal stimulus money that staved off deep classroom cuts and widespread job losses," the AP reported. "School districts have already suffered big budget cuts since the recession began two years ago, but experts say the cash crunch will get a lot worse as states run out of stimulus dollars."
The result, the AP added, could be "more teacher layoffs, larger class sizes, smaller paychecks, fewer electives and extracurricular activities, and decimated summer school programs."
States that relied heavily upon stimulus dollars -- and less on planning ahead and making economies -- will be hit the hardest.
"The situation is particularly ugly in California, where school districts are preparing for mass layoffs and swelling class sizes as the state grapples with another massive budget shortfall," AP reported.
That's one reason Texas was wise to turn down further federal "incentive" money -- a federal bailout, with no fiscal reform, only puts off the inevitable.
Gov. Rick Perry had other reasons, as well.
"Texas won't compete for up to $700 million in federal stimulus money for education because the program 'smacks of a federal takeover of our public schools,' Perry said," the AP reported last month. "The funding is from the U.S. Department of Education's 'Race to the Top' program, a $5 billion competitive fund that will award grants to states to improve education quality and results. The program, created in the economic stimulus law, is part of Democratic President Barack Obama's efforts to overhaul the nation's schools."
As Brooke Dollens Terry of the Texas Public Policy Foundation points out, the "Race to the Top" money would have been very costly, indeed.
"In order for a state to apply for its share of President Obama's Race to the Top stimulus funds, it will have to explain how it will use those federal dollars on a list of suggested education reforms," she explains.
For one thing, education is a state matter -- not a federal responsibility.
"Texas lawmakers control funding and school requirements, and the State Board makes decisions about curriculum," she says. "All of these are elected positions directly accountable to the voters at least once every four years."
And the federal funds would have to be "leveraged" by the state -- meaning we would have to spend money to get money. It could be as much as $3 billion (in revamping curriculums to meet federal mandates) to have access to a maximum of $750 million.
But the stark reality is stimulus money isn't limitless -- it will dry up.
Other states are already facing that reality. By prolonging the pain, Washington isn't doing those states any favors. Texas was right to turn down the funding. That's the lesson here.
LEWISVILLE – TRG Motorsports, NASCAR Champion Bobby Labonte and Gov. Rick Perry today announced that Texans for Rick Perry will sponsor the No. 71 racecar of NASCAR’s most popular Texan, Bobby Labonte, during the Samsung Mobile 500 at Texas Motor Speedway on April 18, 2010.
“I am proud to partner with fellow Texan and unwavering patriot, Bobby Labonte, in my effort to raise awareness of the conservative values that have kept our state at the forefront of the national economy,” said Gov. Perry. “Texas has remained strong in the midst of these challenging economic times because of the team effort embraced by hardworking Texans and conservative leaders – teamwork that has kept our taxes low, unemployment down and job creation up. My campaign’s sponsorship of the No. 71 race car will send the message to all Texans that elections are about the hardworking people who make our state great; this election is about moving Texas forward.”
Emblazoned with the Texans for Rick Perry logo and the sponsorship slogan Moving Texas Forward, the Chevy Impala SS driven by Labonte will tour across the state in the days leading up to the Samsung Mobile 500 race at Texas Motor Speedway on April 18, offering race fans the chance to get an up close and personal glimpse at a stock car and learn more about Gov. Perry’s effort to keep Moving Texas Forward.
“I couldn’t be more excited to have Gov. Perry on board the No. 71 for the Texas race,” Labonte said. “It’s always great for me to come back to my home state and now I’ve got an even bigger reason to be able to connect to all of the fans and my fellow Texans.”
NASCAR is an important contributor to Texas’ economic vitality, drawing more than 400,000 spectators and generating revenue equivalent to one Super Bowl event, approximately $90 million, during a single NASCAR weekend at Fort Worth’s Texas Motor Speedway. The speedway is home to the five largest single-day spectator events in the state of Texas, two NASCAR Sprint Cup Series events, two NASCAR Nationwide Series events and the IndyCar Series Race, contributing a regional economic impact of approximately $300,000,000 per year.
“This is a prime example of why NASCAR sponsorship is such an effective marketing platform,” said team owner Kevin Buckler. “We are going to help Gov. Perry reach a huge number of Texans in a very short period of time. Bobby and the No. 71 are going to provide a call to action to all of the governor's supporters in the NASCAR world. It’s great to see Gov. Perry utilize such a creative way to run for re-election – right in his own back yard.”
About TRG Motorsports
TRG Motorsports is based in Mooresville, North Carolina, and is home to the No. 71 Chevrolet driven by NASCAR Champion Bobby Labonte. The team is in its second year of the NASCAR Sprint Cup Series after successfully competing in the Craftsman Truck Series and ARCA series. The Racer’s Group was founded in 1993 and has been competing at the top level of sports car racing. TRG’s Porsche sports car program is run out of the company’s headquarters in Petaluma, California. The team has the most wins of any team in the Grand-Am Rolex Series with 28, including the 2005 and 2006 Rolex Series GT championship trophy to go along with wins in the Rolex 24 Hours at Daytona (three) and the 24 Hours of Le Mans.
For more information, please contact Adriana Wells at (704) 662-7158 or email@example.com.
Detailed team info can be viewed at www.trgmotorsports.com and www.theracersgroup.com.
For sponsorship information, please contact Jason Solomonson at (704) 662-7158.
TRG Motorsports/Bobby Labonte: Adriana Wells firstname.lastname@example.org 704-662-5950
Bill White’s Tax Problems Day 29
With liberal trial lawyer Bill White facing an ethics complaint following his failure to report $83,677 in wages from Wedge Group on his 2009 personal financial statement, it is important to note that this is not the first time he failed to disclose financial information from Wedge Group.
In 2003, when White filed a personal financial statement as a candidate for Houston mayor, the Houston Chronicle reported:
White filed the disclosure form by the deadline but failed to list information about the company he serves as chief executive officer. He also failed to include a statement indicating how much he earned in salaries. …
Day 25: Liberal Trial Lawyer Bill White Still Hiding His Taxes
“Stop trying to fool the people of Texas, Mr. Bill,” said Texans for Rick Perry spokesman Mark Miner. “What are you hiding? What are you afraid of? Come clean and release your taxes. Hiding shady business dealings is no laughing matter."
Liberal Trial Lawyer Bill White’s Tax Problems Day 24:
Hiding His Taxes Like He Hid Houston’s Deficits
As the search for liberal trial lawyer Bill White’s hidden income tax returns reaches Day 24, Houston Mayor Annise Parker is also searching for millions that White has not accounted for.
“It is becoming more apparent every day that Bill White has spent his career using shady accounting practices to cover taxpayer-funded budgets and his own personal income,” said Texans for Rick Perry spokesman Mark Miner. “Bill White should come clean and release his income taxes for the years he has served in public service and he should apologize to the current mayor of Houston for his budget gimmicks that have left the city searching for millions of dollars.”
AUSTIN – Gov. Rick Perry today received the endorsement of the Independent Bankers Association of Texas (IBAT) for re-election in 2010.
"We are pleased to again join the Perry team and offer our endorsement to publicly support his candidacy for reelection,” said Jimmy Rasmussen, IBAT Chairman. “Community banks play a key role in the economic vitality of this great state. Gov. Perry and his outstanding staff have an appreciation for and understanding of the importance of our issues and our sector of the industry."