Expert says local recovery could take 2 years

1,392 Views | 4 Replies | Last: 5 yr ago by aggiejet
aggiejet
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AG
I'm sure y'all remember this Perryman guy
BiochemAg97
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aggiejet said:

I'm sure y'all remember this Perryman guy
2 years to get back to where we were before COVID-19 isn't very long when you consider it took until, 2014 to get to the same number of jobs after the 2008 Great Recession and over a decade for the unemployment rate to recover from the Great Depression.
TheCurl84
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AG
Count me as one who has heard enough from "experts".
"God help us to respond reasonably and love irrationally, not the other way around."

-Brian Moss
Windy City Ag
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AG
Ray Perryman was the Baylor backed "expert" that said our cats would grow extra heads and aliens would invade if A&M left for the SEC.

Well, maybe I exaggerate . . . . .anyway,

https://www.kbtx.com/home/headlines/AM_Defection_Would_Cost_Texas_Millions_Of_Dollars_Thousands_Of_Jobs__127881353.html

Quote:

Economist Dr. Ray Perryman released an analysis that concludes that if A&M were to leave, the state would lose 3,050 jobs and $217.2 million in output each year, even if the rest of the conference remains intact.

The Aggies' departure would reduce state fiscal revenue by $28.2 million a year and losses to local governments would total $13.1 million, Perryman estimated.
DrZ
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AG
Even if it was possible to recover quickly they wouldn't allow it. The pain has to justify the treatment. This will drag out and always be a possibility to re enact if they deem necessary.
aggiejet
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AG
Boom! Thanks for finding that article.
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