View Single Post
Old 09-07-2011, 09:54 PM  
kane
Too lazy to set a custom title
 
kane's Avatar
 
Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
Quote:
Originally Posted by Chris View Post
I'd have to disagree with you
take a read at what this guys says = http://www.politicalmathblog.com/?p=1590

sures its just the internet but he does post links to his sources

and an average hourly wage of 15$ an hour in texas is a rather good living


another link http://www.texasahead.org/economy/tracking/
That is an interesting post, but it seems to be essentially arguing that if all the jobs were low paying jobs they would drag down the average wage. While that would be true, it then goes on to explain how about 25% of those jobs are in the energy industry. So it seems like about 25% of them are high paying jobs and then the rest are lower paying jobs and they balance out.

For example if 250K of those jobs paid $32 per hour and the other 750K paid only $8 per hour it averages out to $14 per hour. So the average is still in the ballpark of the state average.

Still, the wall street journal did a good story on this and pointed out that about 300K of these new jobs are government jobs and they show that Texas has increased the number of government jobs by about twice the national average over the last few years.

So it's not hard to hire a bunch of people on the government payroll, get some energy workers and then open up a bunch of fast food jobs and call it a great deal.

Once again the supposed small government republican grew the government and is now boasting about how great a job he did creating jobs.

here is the wsj story
http://online.wsj.com/article/SB1000...=ITP_pageone_1
kane is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote