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  1. #1
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    Military cuts to impact Texas

    looming budget cuts to the Department of Defense will cost Texas 111,640 jobs and $6.1 billion in economic output through 2017.

    The cuts also will lead to $1.8 billion in lower personal earnings for defense-related jobs in Texas, the Southwest Defense Alliance projects.


    “It's clear to me that these defense cuts will pummel Texas' economy,”

    The alliance estimates Texas has lost 135,428 jobs and $7.1 billion in economic output since 2009 from military drawdowns. Total earnings related to those jobs fell an estimated $2.2 billion over the last three years.

    Combined, drawdowns and sequestration would account for the loss of 247,000 DoD and civilian-defense jobs and $13.1 billion in economic output in the state from 2009 to 2017,

    http://www.mysanantonio.com/business...te-4150107.php



  2. #2
    Believe.
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    Is it hard to just post the le of the article rather than your partisan vernacular buzz phrase?

  3. #3
    Veteran Wild Cobra's Avatar
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    There is a difference between being a job provider, and creating something of value that creates jobs and wealth.

    Does government create wealth, or does it just take and redistribute?

  4. #4
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    that's also one of the reasons why bush was so desperate to prompt wars while he was in office. you always need wars to avoid budget cuts on military spending and as bad a president as bush was, i don't get why most texans hate him so bad tbh.

  5. #5
    Veteran
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    Is it hard to just post the le of the article rather than your partisan vernacular buzz phrase?
    is it hard just to SHUT THE UP in your self-appointed role as forum policeman?

  6. #6
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    There is a difference between being a job provider, and creating something of value that creates jobs and wealth.

    Does government create wealth, or does it just take and redistribute?
    the govt creates wealth.

    the govt, succeeding in Repug/conservative principles, is failing to take enough from 1% and corps and invest in THE GENERAL WELFARE.

  7. #7
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    Private equity investor: “We didn’t build that”

    “At every stage, the innovation economy depends on sources of funding decoupled from concern for economic return.” He means the government:

    Why has it been in the world of information technology and, secondarily, biomedicine that venture capitalists have been successful? In brief:

    Only in these sectors did the state invest at sufficient scale in scientific research and in its translation to working technology. In over 40 years as a working venture capitalist, I learned that my colleagues and I and the entrepreneurs whom we backed were all dancing on a platform constructed by the federal government.

    Let’s focus on information and communications technology. National funding of the basic research that enabled the IT revolution was overwhelmingly provided by the Defense Department. The Soviet threat, crystallized in the years after 1945 and amplified by the Korean War in 1950 and the launch of Sputnik in 1957, was the context for the U.S. military‘s massive commitment to renewing its wartime role as the principal financier of technical research and the principal customer for the products that generated.

    From the Erie Canal to the Internet by way of the transcontinental railroads and the Interstate Highway System, the American state has played a strategic role in the deployment of the transformational technologies that have created a succession of “new economies.”

    In disregard of this history, forces have been at work for a generation to delegitimize the state as an economic actor — even as the next new economy can already be defined in broad strokes.

    http://www.salon.com/2012/12/28/priv...nt_build_that/

  8. #8
    Veteran Wild Cobra's Avatar
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    the govt creates wealth.
    LOL...

    Seriously?

    Really now. You simply cannot be serious.

  9. #9
    I play pretty, no? TeyshaBlue's Avatar
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    is it hard just to SHUT THE UP in your self-appointed role as forum policeman?
    Go climb a wall of s, coward.

  10. #10
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    Go climb a wall of s, coward.
    I got more balls than you could ever dream of, less.

  11. #11
    I play pretty, no? TeyshaBlue's Avatar
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  12. #12
    Veteran Wild Cobra's Avatar
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    I got more balls than you could ever dream of, less.
    I doubt those marbles that came out of your head count.

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