Perry Says Additional $1.2 Bil Shows Texas' "Strength," But Is He Looking at Prez Run?

Categories: Politics
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At more or less the exact same moment, two items of note hit the Unfair Park inbox: a statement from Governor Rick Perry concerning Texas Comptroller Susan Combs' guesstimated billion-dollar bump in state revenues, and a Real Clear Politics piece headlined "Rick Perry Presidential Push Quietly Gains Steam." Let's go ahead and make this a two-fer.

First, to Combs' adding back $1.2 billion to the state's coffers for the next biennium. Long story short, Combs says in a press release of her own, she's putting that billion-plus into her revenue forecast because "my office estimates sales tax, oil production tax and motor vehicle sales tax will bring in more revenue than previously estimated in the next biennium." Which isn't to say all's well. Far from it. "The state's housing market is sluggish, with new home construction levels similar to those seen in the mid-1990s," Combs says in the prepared statement. "We will also monitor different aspects of the economy, including any potential burden on consumers and businesses if oil prices move higher."

To which Perry responds with the following statement of his own:
The revised revenue estimate shows the strength of Texas job creation and economic growth, but it does not mean lawmakers can abandon necessary budget reductions. Just as Texas families and employers have had to tighten their belts during the national recession, so must state government.
Now, then. To Perry's presidential aspirations, which he's long since denied. Erin McPike and Scott Conroy write that Perry's "waiting to be summoned" into the race for the White House, given the lack of known commodities at this late date. Others agree: He's lookin'. Lookin' hard.
According to another well-connected Republican, at least one Perry confidant has been very quietly making inquiries about the political terrain in the nation's first voting state of Iowa. A third Perry associate, RCP has learned, has been heralding a small contingent of Iowans with the time-tested line that is often used by would-be candidates who are leaving their options open: "Keep your powder dry."
Combs' letter to Perry and the Lege follows. Combs Letter to Legislature
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19 comments
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LiarLiar
LiarLiar

Wow cool. So is that extra billion going towards the education and medical funding they hacked to death? No? Hmmm.

Dan Brantley
Dan Brantley

As much as I love Kinky Friedman, if he hadn't run for governor a few years ago and split the vote, we might be rid of Perry now.

JerryLe
JerryLe

He's running for VP.  Perry would be a nice geographical balance for Pawlenty, Romney,  Daniels, or heaven forbid Santorum.  He'd also be a great attack dog for some of the more reasonable potential POTUS nominees.nominees.

Jack E. Jett
Jack E. Jett

Perry/Sheen 2012 

LaceyB
LaceyB

Sheen/Perry 2012--my pref. 

Montemalone
Montemalone

 Imagine what would happen if Ricky took a swig out of Charlie's glass on the campaign trail!

nunya
nunya

I just love when you guys post this picture of him.

Jay Hawk
Jay Hawk

 Now that the Don Hill "Number one" pic has been retired, it's among the best. But it still doesn't beat the Carol Reed floating head.

Traumatized
Traumatized

The Carol Reed floating head haunts my dreams. 

Montemalone
Montemalone

Don't tell Goodhair, but California, that bastion of liberal pot-smoking fucktards, is predicted to see an increase of $6.6 billion in revenues over what was previously predicted for the next two years.  http://www.nytimes.com/2011/05...I guess Governor Moonbeam knows a thing or two.

scottindallas
scottindallas

Perry probably would like some VP talk.  It actually sounds like he may be positioning himself for that.  A smart call as Obama will likely get re-elected.  The GOP is seeing that too, hence the fear to get into this election.  A failed VP run is a win for someone like Perry who could maintain his office and not be held responsible for losing.  All the market true believers think that the economic cycle is gonna rebound, cause it always does.  Hence they believe that Obama will be sitting on great economic data. 

I'll suggest that the budget cuts that are coming down the pike; the teachers that won't have jobs in Sept. the many other jobs that will be lost between now and next January will surprise most with it's effects.  It won't be a merry Christmas for many laid off public sector workers, nor for the many people they gave money to.  I don't know what that will do the discussion, budgets will tighten, rising tax revenues will fall off.  I predict that the GDP will fall by every dollar of gov't spending that is cut.  (hopefully some of these cuts will cut some legitimate waste, but austerity is foolhardy right now) 

I'm not sanguine about the gov't's ability to enact serious reforms, fair policies and progressive taxes.  We need to understand that the tax rate is the discount rate for investment and hiring.  We can't expect to gouge rich people with taxes, but those very tax rates drive behavior into deductible avenues.  The two biggest and most obvious are investment and hiring, which is something that hasn't accompanied the rising corporate profits of late.  Nor are we seeing much of an increase in the salaries of the employees, as a surfeit of labor makes negotiating hard for workers.  High tax rates force corporations to engage that money, invest it, or offer raises to employees. 

How the hell did we build the great nation we were born into with top marginal tax rates ranging from 94-70% if those rates are so deadly to an economy?  During that time income and productivity grew in lockstep, since the Reagan revolution, we've seen this country hollowed out and incomes stagnate for most of us.  If we have a bunch of public sector workers, especially on the lower end, they darned near pay for themselves. We need to look at larger government granted credits and off-sets. We need to consider the various merits of gov't programs, try to focus on keeping gov't working for everyone; not just a few.

Some of these larger, more ambitious programs should perhaps be funded, managed and structured differently. We should have an open and transparent discussion about all of these matters. There are no easy fixes to some difficult aspects of dense human communities, gov't of some sort is essential to address these issues. It requires an educated electorate, an earnest and engaged media (h/t to UP/Observer) some time and avenues for feedback. WE'VE really let the politicians run amok; city wide, state wide and nationally. It's really disheartening to see.

LaceyB
LaceyB

"Vanity Fair" already does an AMAZING article about the crazemazing republican candidates that are out there, and why they don't stand a chance, until someone with scruples comes along. Personally, that ain't Perry. Here it is: http://www.vanityfair.com/poli...

you should look at http://baddatesindallas.com, (my blog) solely because I gave that to you. It has totally SFW porn on there right now. 

Augie
Augie

 Oh, I see...tell everyone we have an annual $10B shortfall, then, when the S hits the fan, tell everyone, we cooked up the books and found another $1B, cuz thats how kick ass we are.  Will Susan "whoops I released the private information of millions of Texas but I'm sorry about that" Combs be subject to jail time if her new and improved books are really just political posturing?  I didn't think so.  

Oh, and WTF does Perry take credit for $400M more in oil revenue as if he'd done something to contribute to the increased revenue garnered by $4 a gallon gas?  How stupid does he think we are.  Don't answer that, we elected this pile of aggie manure 3 times after his appointment...that pretty much says it all. 

LaceyB
LaceyB

Didn't they just haul crazy Trump outta trying to run? Please, please do the same for Perry! Whomever you angels are! He gave DISD "Rainy Day Fund" money. Anyone that stupid shouldn't be in office--anywhere. 

Montemalone
Montemalone

 It's not as if he has a chance in hell of winning, but it would put an end to his shenanigans here. Here's hopin' he pulls a Palin: Run, Lose, Quit.

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