- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Texas economy is cratering
Posted on 3/31/15 at 12:28 am to Jim Rockford
Posted on 3/31/15 at 12:28 am to Jim Rockford
Personally, I think lower oil prices are great. I don't mind being selfish in that regard.
If oil-based taxes crimp the state's coffers, then that's when I think you'll see the difference between Texas and many other states: the willingness to cut spending to live within its means.
The Texas Legislature cut funding for public schools a few years back, and the left pissed and moaned to high heaven. The left continues to bitch about not taking the federal Medicaid expansion.
Like Gov. Perry said about the huge surplus the last time the Legislature met in 2013 (I don't like him, but hey)... news of the surplus was "the equivalent of ringing the dinner bell" for special interest groups. The Texas rainy-day fund has grown. Texas will weather this storm, like it always has.
If oil-based taxes crimp the state's coffers, then that's when I think you'll see the difference between Texas and many other states: the willingness to cut spending to live within its means.
The Texas Legislature cut funding for public schools a few years back, and the left pissed and moaned to high heaven. The left continues to bitch about not taking the federal Medicaid expansion.
Like Gov. Perry said about the huge surplus the last time the Legislature met in 2013 (I don't like him, but hey)... news of the surplus was "the equivalent of ringing the dinner bell" for special interest groups. The Texas rainy-day fund has grown. Texas will weather this storm, like it always has.
1
Posted on 3/31/15 at 6:45 am to texashorn
What is really sad is the adolescent mindset of hoping a huge economic bright spot in the US economy fails because of some oilfield trash stereotypes. Without Texas in the recession, the national economy was truly fricked. It offered many people a chance to sustain and proliferate, but, hey, frick it! Fail baby, fail!
Texas will suffer far less than LA and I hate that for my peeps in SoLA. I couldn't give a damn about jacked up trucks and Contenders.
Texas will suffer far less than LA and I hate that for my peeps in SoLA. I couldn't give a damn about jacked up trucks and Contenders.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News