rick perry's economic myths

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  • 8/8/2019 Rick Perry's Economic Myths

    1/1

    Rick Perry Fact Check: Jobs

    VISUAL AUDIO Facts

    [Screen: PresidentObama speaking]

    VO - Obama promisedmore jobs

    Texas unemployment rate is nearly twice theunemployment rate when Perry took office.1

    [Screen: Bailouts,

    Out of ControlSpending, Have

    Made it Worse]

    VO - But bailouts, and

    out of controlspending have onlymade it worse.

    Balancing Rick Perrys most recent budget requiredabout $12 billion in stimulus money.2

    [Screen: The rest of

    the country lostthree million jobs

    VO - While the rest ofthe country lost threemillion jobs

    From Dec. 2000 to Aug. 2010, the U.S. economy lost2,189,000 jobs, not 3 million.3

    During this recession, Texas lost a total of 431,000jobs.4

    [Screen: Texas

    has added morethan 850,000 new

    jobs factory

    footage]

    VO - Texas addedmore than 850,000new jobs.

    From Dec 2000 to Aug 2010, Texas gained 819,800.Perry continues to cite 850,000 and ignores the fact

    that Texas lost 34,200 jobs last month alone.5

    From Dec 1990 to Aug 2000, Texas gained 2,303,000jobs under Ann Richards and George Bush.6

    Under Perry, Texas saw an increase of 253,400 ingovernment jobs.7

    Under Perry, Texas saw an increase of 267,000 inminimum wage jobs.

    8

    64% of the increase in jobs created under Perry comesfrom minimum wage jobs and government jobs.

    [Screen: Variousfactory shots, Perry

    walking]

    VO - More Texanshave new jobs todaythan the entirepopulation of Fort

    Worth.

    The total number of Texans unemployed today, over 1million, is equal to 140% of the entire population ofFort Worth.9

    [Screen: Perry

    sitting at lunchcounter]

    RP - Texas is on theright path, as yourgovernor, job creationis my top priority.

    In August, Texas lost more jobs than any other stateexcept Michigan.10

    Texas unemployment rate is the same as New Yorkand is higher than the neighboring states of Oklahoma,Arkansas, and Louisiana.11

    [Screen: Perry instorefront]

    VO - Securing ourfuture, Governor RickPerry

    A governor who brags about economic health afternearly doubling the unemployment rate has beengovernor for too long.

    1 Texas unemployment rate was 4.2% in December of 2000. It is currently 8.3%. See Bureau of Labor Statistics, www.bls.gov/data.2 Austin American-Statesman, Lone Star State is a bigger spender in this decade, Aug. 12, 2010.3 U.S. Bureau of Labor Statistics, www.bls.gov/data.4 Austin American-Statesman, Ailing Texas economy triggers drop in property values, Combs says, Oct. 1, 2010.5 U.S. Bureau of Labor Statistics, www.bls.gov/data.6 U.S. Bureau of Labor Statistics, www.bls.gov/data.7 U.S. Bureau of Labor Statistics, www.bls.gov/data.8 U.S. Bureau of Labor Statistics, Characteristics of Minimum Wage Workers: 2002, Table 3, 2009, Table 3.9 Fort Worths 2009 population estimate is 720,250. http://www.nctcog.org/ris/demographics/population/2009PopEstimates.pdf.10 Dallas Morning News, 36 states, including Texas, lost jobs last month, Sep. 22, 2010.11 U.S. Bureau of Labor Statistics, http://www.bls.gov/web/laus/laumstrk.htm.