"As to the Federal Reserve reducing its balance sheet so as not to monetize the excess reserves waiting to be converted to bank loans to the private sector, I have been very clear: Given the lag between the time monetary policy is initiated and when it impacts the economy, that wind-down process...

Remarks before the 2010 Pre-Session Legislative Conference, Austin, Texas, December, 2010 ; "With each passing year, Texas has consistently outperformed the rest of the nation in growing economic prosperity. Over the past three especially difficult years, the Texas economy has outperformed all...

Our political leaders must summon the courage to pull up their socks and deal with our fiscal predicament in a way that corrects for the mismatch between future income streams and liabilities.

Benchmarks of economic well-being show that Texas experienced a pattern of highs and lows similar to that of the nation during the recession. However, Texas continues to rank below other states in many of the measures, including median household income, poverty rate, and health insurance coverage.

Remarks before the Dallas Regional Chamber of Commerce, Dallas, TX, March 5, 2012 ; "I would suggest to you that, if the data continue to improve, however gradually, the markets should begin preparing themselves for the good Dr. Fed to wean them from their dependency rather than administer...

In today's global economy, high corporate tax rates are more harmful than ever because it has become easier for mobile productive resources to cross borders in search of more favorable business climates. ; Nations seem quite aware of this. The European Union's corporate tax rates have fallen by...

The 2007 Texas expansion was persistently underrated. While a national economic slowdown attracted headlines, the state's economy quietly grew at a rate that was Texas proud. ; State job growth of 3.1 percent last year was triple the nation's 1 percent - and exceeded the state's long-run average...

Ike deals severe blow to Texas economy. Texas investment funding slips in 2nd quarter. Latin America, China lead Texas surge in overseas sales.

The Great Moderation impacted job growth across nearly all regions over a fairly short period of time.