President Obama has touted job growth under his administration during much of his presidency. In his recent State of the Union address, he talked about the 11 million jobs that have been created over the last six years. While it should be noted that Obama's claim is inflated because it doesn't consider the net job loss endured during his first year in office, let's take a look at “the rest of the story.”
As researched and reported by the American Enterprise Institute, 100% of net job growth in America over the last eight years is attributable to Texas alone:
It’s a pretty impressive story of how job creation in just one state – Texas – is solely responsible for the 1.169 million net increase in total US employment (+1,444,290 Texas jobs minus the 275,290 non-Texas job loss) in the seven year period between the start of the Great Recession in December 2007 and December 2014.
The other 49 states and the District of Columbia together employ about 275,000 fewer Americans than at the start of the recession seven years ago, while the Lone Star State has added more than 1.25 million payroll jobs and more than 190,000 non-payroll jobs (primarily self-employed and farm workers).
Also setting aside the fact that government data shows that all net gain in jobs since 2000 has gone to immigrants (legal and illegal), Texas is booming:
- In percentage terms, the 11.5% job gain in the mining and logging sector led the state’s 11 industries for job growth last year, adding 4,900 new jobs.
- An even greater number of new jobs – 47,500 – were added to the state’s booming construction industry, which grew by 7.7% last year.
- Just one Texas city – Houston (34,566) – added more jobs than did the entire state of California (34,035) over the same period.
Now that Texan Rick Perry's governorship has come to an end, and his state is booming, he finds himself a long-shot in a crowded field of 2016 GOP hopefuls.
Irrespective of whether Perry wins the nomination, are the economic programs and policies he championed for 14 years as governor of the Lone Star State worthy of consideration on a nationwide level?