In: Other Topics

Submitted By onassia20
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Detecting Media Bias

I decided to talk about the economics in my local community. As a resident of Jacksonville TX the outlook for the East Texas economy looks positive, according to area leaders who attended an economic summit in Nacogdoches last week. So knowing where our town stands, so everything was mainly made clear.

Some information were pointed out at the beginning, but not all was said until the end and that was when City officials from Jacksonville, Bullard, Rusk and around East Texas flocked to Nacogdoches on a Thursday for the 2012 East Texas Economic Development Summit in Nacogdoches to put all the facts out on the table. Gov. Rick Perry and State Sen. Robert Nichols, R-Jacksonville, were two of the officials who spoke at the summit about the economic status of Texas and East Texas in particular.

The news did eventually make it close to worldwide, when all of our police from that city was taken off duty. So our town went a couple of months without officers due to the funds that was not available to keep them. After several months, Darrell Prcin, Jacksonville Economic Development Corp. president, said it was a very good possibility that the police force would be returning due to the economic changes that was made during that meeting.

According to Prcin, Ray Perryman, president of The Perryman Group, an economic and financial analysis firm headquartered in Waco, presented a report.

“For almost two years, the U.S. has faced historic economic challenges caused in part by mortgage bungling and leveraging, a drop in housing prices and the caustic slowing of business lending,” the report stated. “By most measures, recovery is now under way. In the third quarter of 2012, gross domestic product expanded by 3.5 percent, placing the economic trend back into positive territory. Hiring has begun in earnest, but that is typical for this stage in an…...

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