In an article on http://www.statesman.com/opinion/austin-more-than-staying-afloat-292294.html, titled "Austin more than staying afloat," Austin is being seen as the city that could lead the nations economic recovery.
This article is for anybody that is worried about their job, is out of work, or is just curious about the economy. It affects many people, so basically, anybody from young teens looking for an after school job to an older person who's just not able to retire yet.
Various companies such as Facebook, Yingli Green Energy Americas Inc., and Hanger Orthopedic group could create some 850 jobs in Texas. While this does not account for all 2,300 jobs that were lost from 2008 to 2009 it is definitely "a step in the right direction."
Some are criticizing the government for giving these companies tax breaks to locate here. They don't think we should use "incentives to lure business." In defense Bernard Weinstein, an economist at Southern Methodist University, who is not a big fan of incentives claims that "the proposals appeared to be low-risk for Austin, given the potential return on a relatively modest investment."
The author of this piece makes it clear that desperate times call for desperate measures. He makes the analogy "it's like debating which brand of rope is best to toss at someone who's drowning." I completely agree with the author. It can't be ignored that Texans need jobs, it shouldn't matter how we get companies here but the current rate of unemployment is unacceptable. Much like the rope analogy we just need something to get the job done. Pun intended.