CNBC: Texas Named Top US State for Business 2012 (Rhode Island, Last)

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    Jul 11, 2012 3:34 PM GMT
    [url]http://finance.yahoo.com/news/texas-named-america%E2%80%99s-top-state-for-business-2012.html[/url]

    Texas has done it again.

    The Lone Star State makes a triumphant return as America’s Top State for Business—its third time at the top of our rankings.

    “Listen, there is a reason that Caterpillar moved their hydraulics manufacturing and their engine manufacturing to the state of Texas,” said Gov. Rick Perry in November during the CNBC Republican presidential debate.

    We can attest to that.

    In our sixth annual study, Texas racked up an impressive 1,604 points out of a possible 2,500, with top-10 finishes in six of our 10 categories of competitiveness. Texas has never finished below second place since we began the study in 2007.
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    Jul 11, 2012 3:39 PM GMT

    OK, so what's the reason those businesses are going to Texas?

    (this should get interesting)
  • conservativej...

    Posts: 2465

    Jul 11, 2012 3:57 PM GMT
    Number 50 is Hawaii, no big surprise there.

    Number 49 is Oregon, our west coast partner in Socialism.

    Number 48 is Pennsylvania, the east coast African nation.

    Number 47 is Connecticut, long yawn.

    Number 46 is New Jersey, oh well.

    Number 45 is Michigan, Africa North.

    Number 44 is Massachusetts, the Kennedy Legacy.

    Number 43 is Illinois, that place from which God damns America.

    Number 42 is New York, is there a company there other than IBM these days?

    Number 41 is California, better than some, nothing to brag about.

    **

    Now there are some good thigs in this. Take New York. When New York implements the Medicaid expansion, they will add few ne enrollees. Hell, veryon is alredy poor. To top that off, New York will begin to receive almost all of its' net tax dollars paid to the federal government back.





  • DalTX

    Posts: 612

    Jul 11, 2012 5:06 PM GMT
    That Rick Perry really should run for president, I'm sure the GOP
    voters would love him! Oh, wait....
  • TroyAthlete

    Posts: 4269

    Jul 11, 2012 5:11 PM GMT
    DalTX saidThat Rick Perry really should run for president, I'm sure the GOP
    voters would love him! Oh, wait....


    ftw

    Businesses love cheap labor.
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    Jul 11, 2012 5:16 PM GMT
    TroyAthlete said
    DalTX saidThat Rick Perry really should run for president, I'm sure the GOP
    voters would love him! Oh, wait....


    ftw

    Businesses love cheap labor.


    Again a reflection of how poorly you understand business. Businesses want to be competitive. Does your comment explain why the vast majority - in fact, 95% of wages are above minimum wage? Or as per usual do facts not matter to you?

    http://www.bls.gov/cps/minwage2011.htm
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    Jul 11, 2012 5:26 PM GMT
    Correction Riddler, the 5% is for White workers.

    "
    The states with the highest proportions of hourly-paid workers earning at or below the Federal minimum wage were Georgia, Mississippi, and Texas (all between 8 and 10 percent)"

    icon_rolleyes.gif

    As well, all those low taxes have meant Texas gets massive help from the feds.

    http://www.politico.com/news/stories/1111/69072.html



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    Jul 11, 2012 5:29 PM GMT
    meninlove said Correction Riddler, the 5% is for White workers.

    "
    The states with the highest proportions of hourly-paid workers earning at or below the Federal minimum wage were Georgia, Mississippi, and Texas (all between 8 and 10 percent)"

    icon_rolleyes.gif

    As well, all those low taxes have meant Texas gets massive help from the feds.

    http://www.politico.com/news/stories/1111/69072.html





    No that's all workers. Do have a read of the BLS data though I can understand how that might be a different approach for you.
  • Posted by a hidden member.
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    Jul 11, 2012 5:31 PM GMT

    Oh for heavens sake I'm quoting the article you referenced.

    Did you look at the link I provided? (I doubt it)

    icon_lol.gif
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    Jul 11, 2012 5:34 PM GMT
    meninlove said
    Oh for heavens sake I'm quoting the article you referenced.

    Did you look at the link I provided? (I doubt it)

    icon_lol.gif



    Once again you're wrong - but that's obviously not a new feeling for you. ;)

    You cherry picked a quip that doesn't even include white collar workers in your tally which make more than minimum wage. My reference of 95% that you attempted to "correct" included all workers from all states - so no, your "correction" wasn't much of one at all because once again you failed to understand the underlying data.

    But let's say you were right - even though even you can now plainly see you weren't, if 92%+ of workers in those states are earning above minimum wage, don't you think that hurts the argument and belief that businesses just want low wages?

    I'm curious - do you read or just skim? Or do you just like to appear foolish?
  • conservativej...

    Posts: 2465

    Jul 11, 2012 6:06 PM GMT
    TroyAthlete said
    DalTX saidThat Rick Perry really should run for president, I'm sure the GOP
    voters would love him! Oh, wait....


    ftw

    Businesses love cheap labor.


    Businesses want someone with a brain, not mush.
  • TroyAthlete

    Posts: 4269

    Jul 11, 2012 9:11 PM GMT
    riddler78 said
    TroyAthlete said
    DalTX saidThat Rick Perry really should run for president, I'm sure the GOP
    voters would love him! Oh, wait....


    ftw

    Businesses love cheap labor.


    Again a reflection of how poorly you understand business. Businesses want to be competitive. Does your comment explain why the vast majority - in fact, 95% of wages are above minimum wage? Or as per usual do facts not matter to you?

    http://www.bls.gov/cps/minwage2011.htm


    Your comment is a reflection of your continued problems with critical thinking and higher level reasoning. You are very good about posting links to articles you didn't write and clearly do not fully comprehend. However, pointing out a url does not a valid argument make. So here goes: Please explain how the statistics in your link prove that business DON'T love cheap labor and instead love paying workers expensive salaries and benefits, since that is the Maximizing Profits 101 nonsense you are peddling.

    *Note: this task will require you to think on your own and (try to) come up with a valid argument. (This should be fun.)
  • TroyAthlete

    Posts: 4269

    Jul 11, 2012 9:14 PM GMT
    conservativejock said
    TroyAthlete said
    DalTX saidThat Rick Perry really should run for president, I'm sure the GOP
    voters would love him! Oh, wait....


    ftw

    Businesses love cheap labor.


    Businesses want someone with a brain, not mush.


    They also typical don't care for someone in a KKK hood. You should try taking yours off.
  • Posted by a hidden member.
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    Jul 11, 2012 9:20 PM GMT
    I thought CNBC was part of the liberal media elite? How come the right wing only trusts the media when it says something you like to hear?
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    Jul 11, 2012 9:29 PM GMT
    TroyAthlete said
    riddler78 said
    TroyAthlete said
    DalTX saidThat Rick Perry really should run for president, I'm sure the GOP
    voters would love him! Oh, wait....


    ftw

    Businesses love cheap labor.


    Again a reflection of how poorly you understand business. Businesses want to be competitive. Does your comment explain why the vast majority - in fact, 95% of wages are above minimum wage? Or as per usual do facts not matter to you?

    http://www.bls.gov/cps/minwage2011.htm


    Your comment is a reflection of your continued problems with critical thinking and higher level reasoning. You are very good about posting links to articles you didn't write and clearly do not fully comprehend. However, pointing out a url does not a valid argument make. So here goes: Please explain how the statistics in your link prove that business DON'T love cheap labor and instead love paying workers expensive salaries and benefits, since that is the Maximizing Profits 101 nonsense you are peddling.

    *Note: this task will require you to think on your own and (try to) come up with a valid argument. (This should be fun.)


    " instead love paying workers expensive salaries and benefits" When did I say that? The only fail here is your own logic. Businesses care about productivity. Wages are just one component as the fact that it isn't a race to the bottom shows which is proven by the fact that wages aren't all minimum wage.