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Join Date: Jun 2010
Location: AZ
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'But “the secret ingredient,” Ms. Grieder writes, has been the industrial policy of Gov. Rick Perry, offering a generous broth of subsidies and incentives that Texas has used to attract hundreds of businesses that have richly diversified its traditional energy-based economy.'

Does not take a genius here to figure this out, and you Texans might just 'get it'. I'll type slow. Hundreds of businesses were 'attracted' to South Dakota 20 years ago, mostly, banks too big to fail for their Visa processing centers and for SD's high usury limits. The locals initially reaped the benefits of this thru greater employment. However, the other shoe dropped rather quickly, as in, low wages. Walmart smelled great opportunities, looking for those at 7.50 bucks an hour or less. Walmart moved in across the land ruining local economies, driving those back to the 50s mom and pop stores Conservatives rave about, out of business. Texas has government backed subsidies for Big Oil, a 'diverse' economy built on the backs of low income earners. Low educational standards, all for that big Texas ego of 'independence'. Right.
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Old 04-08-2013, 02:32 PM
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