Longtime GOP Texas Gov. Perry wins another term

Full story: El Paso Times

Republican Gov. Rick Perry has defeated Democrat Bill White to win a third four-year term as Texas governor.

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Texan

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#18468
Jun 20, 2013
 

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If anything The Fed, or any other government agency ever does makes any sense at all it would surprise everyone. Too bad for all of us, but they do not care.

“Behave Yourself”

Since: Jul 07

Fort Worth, Texas

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#18470
Jun 20, 2013
 

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Truth is might wrote:
<quoted text>
Whites don't dominate or own the corporations, either.
Jews own and dominate them.
The corporations control the people and,Jews control the corporations.
Lots of blacks are poor and, more whites are poor. This is something I just read - the poor are usually described as black. But, 5s7% of America's poor are white. Everyone thinks black, when they think poor. Someone is getting off free, not paying for social services to help the poor. How are they doing it?
By saying that poverty is a racial issue.
No one wants to end poverty, if it is seen as a black thing.
So you're saying that Jews are not White and that they are the main reason for our current economic mess?
Texan

United States

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#18471
Jun 20, 2013
 

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He's just an anti semitic, racist. And it's trash like him that give us all a bad name.

“Try”

Since: May 12

Houston

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#18472
Jun 20, 2013
 

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Israel is our only ally in the Mideast. We are responsible for our own economic mess.
obvious

Wolfe City, TX

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#18473
Jun 20, 2013
 

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Hm
Vote

Alice, TX

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#18474
Jun 20, 2013
 

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Vote
Bernard Forand

Lehigh Acres, FL

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#18476
Jun 21, 2013
 

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waco1909 wrote:
Texas surpasses California in GDP for first time ever. Won't be the last time. Where is Forand now?
Your GDP of Texas illuminates the growing disparity between the elite and its labor force. It can be manipulated for political rationales. At best it is a simple rule of thumb. One would have to have all the variables , that were used and not used to achieve their GDP. Texas borrowed $6 Billion from Obama and increased its minimum wage earners. To put it in a nut shell.
First, free time, or leisure is not included in GDP analysis. While someone may be happier only working four days a week, that additional day off will reduce the GDP number. While this makes sense because GDP is the measure of the total value of output, it shows us why using GDP as a measure of well-being or happiness doesn’t make sense. It is possible to have a very industrious country have a very high GDP, but all of its people could be overworked and sick which would translate to a poor well-being measure.
Next, GDP measures total production for a nation, and GDP per capita gives us an average amount of output per person, but it never tells us how GDP is divided among its residents. Think of a corrupt nation, maybe the leaders of the government keep all of the money generated from production, and allow their citizens to live in slums. Well-being could be very low even though GDP is high, because the majority of the products from that nation go to the elite.
Third, some services and products included in the GDP measure actually lower our well-being. Imagine expenditures on the military, police, security and services for drug addiction and lawsuits. Just because these services are being purchased, doesn’t mean that they improve our well-being.
Finally, GDP doesn’t take into account negative effects on the environment or other externalities. When we produce goods and services, we use resources from the earth, and sometimes we pollute the air, water, and soil as well. When trash goes into a landfill, this affects GDP positively because a service was purchased. When oil is taken out of the ground, this counts positively towards GDP, but nowhere in this measure is it taken into account that the oil is now gone, and can never be used again.
Where have I been? Good to see you guys miss me. Have been aiding a fellow human being to T.L.C. their home. This will take up some more of my time as this is a higher priority.
Bernard Forand

Lehigh Acres, FL

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#18477
Jun 21, 2013
 
Defiant1 wrote:
<quoted text>
I would like to be optimistic, but I can't be. There are too many deliberate things being done to destroy the value of U.S. currency.
All because a few sociopaths have some wet dream about a one world government.
Lower the currency the greater the demand for EXPORTS! Reductions in outsourcing profitability.
One world government is not any sociopaths’ dream? Has nothing to do with that end of the spectrum. More to do with Liberal International Freed Markets. Consider the defeat of orthodox communism, with out violence. Berliners were singing “As The Walls Come Tumbling Down”.
Texan

United States

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#18478
Jun 21, 2013
 

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Missed you???????? Well I suppose it could happen; I had hemroids once, and when I got rid of them I did miss them for a couple of days. So just get back to your higher priority and we will all do just fine without your same old blah blah blah bullshit.
Bernard Forand

Lehigh Acres, FL

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#18479
Jun 21, 2013
 
waco1909 wrote:
Texas surpasses California in GDP for first time ever. Won't be the last time. Where is Forand now?
Here is one small example of how GDP was translated during WW II.
Basically production of consumption goods shifted to production of military goods, however people were still paid for their labor. Because they had less products to spend their money on, money was saved during this time period by everybody supporting the war effort. After the war ended, there was a lot of idle capital (machines, factories, etc.) left from the war effort. This idle capital was then used to create consumer goods, and since people had money saved from their efforts during the war, they had money to spend. This encouraged GDP to grow after the transitions were made.
The difference between nominal GDP and real GDP is that nominal GDP is calculated using current values of the final goods and services while real GDP is calculated by designating a base year, and using prices from this base year to calculate the value of the final goods and services. This difference allows us to account for inflation. For example, if inflation is 3% per year, we would expect nominal GDP to rise 3% per year even if real GDP didn’t increase at all. One drawback of using real GDP is that prices may rise at different rates relative to each other. For example, the price of food may rise, but the price of computers will go down. The further we are from the base year, the worse this measurement problem becomes.
Texas’s exploitation of variables give them the illusion of success while all the while they are spiraling further into inequality of labors’ productivity. Consider the backward income tax system they employ. Less the income the greater the tax? Greater income less tax as a ratio of productivity. Not to mention the decline in Health benefits; such as the termination of Planned Parenthood. Education returns to the back alleys and superstitious teachings.
Once again Texas lays in the shadows of California and will remain so until they actually have responsible government elected.
Texan

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#18480
Jun 21, 2013
 

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OK Barney just get back to your higher priority, or since you seem to prefer it so much, take your higher priority and go to the land of nuts and fruits. they might even care what you say out there???????
Bernard Forand

Lehigh Acres, FL

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#18481
Jun 21, 2013
 

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waco1909 wrote:
Texas surpasses California in GDP for first time ever. Won't be the last time. Where is Forand now?
Now perhaps you might want to follow up with GNP?
Other measures for GDP include GNP (Gross national or state product), National or state income, personal income, disposable personal income, and division of income.
GNP measures the value of final goods and services produced by residents of a given country or state. This means that production outside of a given country or state by its residents (for example, US residents living in the UK) still counts towards GNP. GDP is a better measure for a lot of countries (including developing countries) because a lot of the capital is owned by foreigners. Consider Texas as the developing country. To California. National or state income is the value of total income. It differs from GDP in that it allows for depreciation of capital. If we deduct this depreciation, we get a better measure of the income for the entire country or state (because depreciated parts have to be replaced and thus take away from total income).
Personal income measures the income received by households, and disposable personal income is personal income minus personal tax payments. Finally we have division of income which shows where the income is going. Income can flow to wages, taxes, profits, rent and interest among other things.
Greater the inequality of laborers’ productivity distributions the less in “Disposable Income” at the area of the majority consumer level and greater income in the elite lower consumer levels. This requires Texas to seek external markets for their wears. External markets will respond with opposition that will be greater. In a short time. Debt accumulates, unemployment to follow and a recession to overcome the disparity of the inequality imposed on their financial markets. In time to reflect the norm of the Free Trade Markets requirements.
Profits from external corporations will add to the decline, as they siphon off the profits to their home turf.
Alas Texas will live up to its “Lone Star” status, setting on the western horizon.
justasayin

Lenoir, NC

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#18482
Jun 21, 2013
 

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Bernard Forand wrote:
<quoted text>
Your GDP of Texas illuminates the growing disparity between the elite and its labor force. It can be manipulated for political rationales. At best it is a simple rule of thumb. One would have to have all the variables , that were used and not used to achieve their GDP. Texas borrowed $6 Billion from Obama and increased its minimum wage earners. To put it in a nut shell.
First, free time, or leisure is not included in GDP analysis. While someone may be happier only working four days a week, that additional day off will reduce the GDP number. While this makes sense because GDP is the measure of the total value of output, it shows us why using GDP as a measure of well-being or happiness doesn’t make sense. It is possible to have a very industrious country have a very high GDP, but all of its people could be overworked and sick which would translate to a poor well-being measure.
Next, GDP measures total production for a nation, and GDP per capita gives us an average amount of output per person, but it never tells us how GDP is divided among its residents. Think of a corrupt nation, maybe the leaders of the government keep all of the money generated from production, and allow their citizens to live in slums. Well-being could be very low even though GDP is high, because the majority of the products from that nation go to the elite.
Third, some services and products included in the GDP measure actually lower our well-being. Imagine expenditures on the military, police, security and services for drug addiction and lawsuits. Just because these services are being purchased, doesn’t mean that they improve our well-being.
Finally, GDP doesn’t take into account negative effects on the environment or other externalities. When we produce goods and services, we use resources from the earth, and sometimes we pollute the air, water, and soil as well. When trash goes into a landfill, this affects GDP positively because a service was purchased. When oil is taken out of the ground, this counts positively towards GDP, but nowhere in this measure is it taken into account that the oil is now gone, and can never be used again.
Where have I been? Good to see you guys miss me. Have been aiding a fellow human being to T.L.C. their home. This will take up some more of my time as this is a higher priority.
So, all the companies moving to Texas, in the long run, is going to hurt Texas? 2. "Real GDP per capita is found by:
A) adding real GDP and population.
B) subtracting population from real GDP.
C) dividing real GDP by population.
D) dividing population by real GDP."
Helping addiction and that person goes to work and adds to the GDP doesn't improve our well-being? "4. For comparing changes in potential military strength and political preeminence, the most meaningful
measure of economic growth would be:
A) changes in total nominal output.
B) changes in total real output.
C) changes in per capita output.
D) changes in per family output."
GDP (Y) is a sum of Consumption (C), Investment (I), Government Spending (G) and Net Exports (X – M).

Y = C + I + G +(X &#8722; M) C (consumption) is normally the largest GDP component in the economy, consisting of private (household final consumption expenditure) in the economy. These personal expenditures fall under one of the following categories: durable goods, non-durable goods, and services. Examples include food, rent, jewelry, gasoline, and medical expenses but does not include the purchase of new housing.

“Try”

Since: May 12

Houston

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#18483
Jun 21, 2013
 

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I repeat in real GDP Texas has surpassed California.tens of thousands of people move from California to Texas daily.how can this be? is the Golden State not so golden?

“Try”

Since: May 12

Houston

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#18484
Jun 21, 2013
 

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Justsayin you said it well.
Texan

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#18485
Jun 21, 2013
 

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Yes, but get ready for some more Barney blah blah blah, because you know he's going to do it.

“Try”

Since: May 12

Houston

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#18486
Jun 21, 2013
 

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Texan just sayin kicked Bernards ass.
justasayin

Lenoir, NC

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#18487
Jun 21, 2013
 

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Texan wrote:
Yes, but get ready for some more Barney blah blah blah, because you know he's going to do it.
I have this philosophy, for every action, there is a reaction. Up, down, left right, you get the picture. Besides, I grew up in the Army, the Gov. keep stats on EVERYTHING. I just go look for it.

“Try”

Since: May 12

Houston

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#18488
Jun 21, 2013
 

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more Californians are moving to Texas than Texans are moving to California.this is a fact. Eventually the economy of California will recover. But California will always have Texas as it's main competitor.
justasayin

Lenoir, NC

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#18489
Jun 21, 2013
 

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waco1909 wrote:
more Californians are moving to Texas than Texans are moving to California.this is a fact. Eventually the economy of California will recover. But California will always have Texas as it's main competitor.
As I said, there is an opposite to everything. California has had it's day in the sun and now it's paying the price. Too many getting so much for so little. The movie industry is a prime example. So much is "computer" generated these days, yet how much money is spent and for what? Back in the day actors had to really rehearse, learn lines, etc. Gee, I guess you would call it "work". Now you "leek" a sex video and your a star with twitter and everything. Shallow country.

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