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Sun Apr 11, 2021, 04:57 PM

Texas Could Lose Billions If Voting Restrictions Become Law, Study Finds

Texas is next in line for corporate boycotts due to the GOP's plan to suppress the vote.



The Texas economy could take a massive hit if the state enacts new voting restrictions—potentially costing the state's economy tens of billions of dollars and tens of thousands of jobs—according to a study from the Texas-based economic research firm the Perryman Group, as the Texas legislature Thursday moved one step closer to making the proposals.

KEY FACTS
The potential loss of conventions, major sporting events and tourism could cost the state $16.7 billion in annual gross product by 2025, and nearly 150,000 jobs, according to the study.

Internal factors, like decreased business activity and lower wages in the state, could lead to the loss of $14.7 billion in household purchasing power by 2025, according to the Perryman Group.

Retail trade would take the biggest hit, according to the study, losing more than 50,000 jobs from drops in tourism and economic development alone.

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Reply Texas Could Lose Billions If Voting Restrictions Become Law, Study Finds (Original post)
LetMyPeopleVote Apr 11 OP
Merlot Apr 11 #1
PortTack Apr 11 #2
Karadeniz Apr 11 #3
AZ8theist Apr 11 #4
LetMyPeopleVote Apr 11 #5
LetMyPeopleVote Apr 13 #6

Response to LetMyPeopleVote (Original post)

Sun Apr 11, 2021, 05:08 PM

1. Texas is willing to pay what ever price is necessary ito onto power for the rich and white.

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Response to LetMyPeopleVote (Original post)

Sun Apr 11, 2021, 05:09 PM

2. I hope they are listening!!

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Response to LetMyPeopleVote (Original post)

Sun Apr 11, 2021, 07:04 PM

3. If that's what it takes...

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Response to LetMyPeopleVote (Original post)

Sun Apr 11, 2021, 08:42 PM

4. Let em secede...

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Response to LetMyPeopleVote (Original post)

Sun Apr 11, 2021, 10:01 PM

5. Corporate America's Bond With Republican Party Frays In Post-Trump Era

Corporate America is getting pissed at the GOP and trump https://www.huffpost.com/entry/corporate-america-bond-with-republican-party-frays_n_607314cbc5b6616dcd79d4b0

For more than a half-century, the voice emerging from the U.S. Chamber of Commerce’s monolithic, Beaux Arts-styled building near the White House was predictable: It was the embodiment of American business and, more specifically, a shared set of interests with the Republican Party.

The party’s bond with corporate America, however, is fraying.

Fissures have burst open over the GOP’s embrace of conspiracy theories and rejection of mainstream climate science, as well as its dismissal of the 2020 election outcome. The most recent flashpoint was in Georgia, where a new Republican-backed law restricting voting rights drew harsh criticism from Delta Air Lines and Coca-Cola, whose headquarters are in the state, and resulted in Major League Baseball pulling the 2021 All-Star Game from Atlanta.....

James Bailey, a management professor at George Washington University, published an analysis last year that suggested people who identified as Democrats cared more about a company’s political activity than Republicans do. Of business people, he said the uproar over the Georgia voting law “is a great opportunity for them to get on board with the young socially active consumer and to do so without much cost.”

Just as important, Democratic counties have become the primary engines for growth. The counties that backed Biden last year account for 71% of all U.S. economic activity, according to the Brookings Institution.


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Response to LetMyPeopleVote (Original post)

Tue Apr 13, 2021, 07:28 PM

6. Texas could lose some new plants

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