Texans have always had a strong work ethic, which is why we’ve weathered the current economic turmoil better than most states. As we celebrate Labor Day, I’d like to salute all the fine folks who wake up every day and contribute your labors to our society. Your initiative, pride and sense of self-worth are what drives our economy and makes Texas a leader. Your example also shows our children the importance of being a productive member of society – which in turn, strengthens the future of our great state.
Times are tough, no doubt about it. Good folks are in difficult situations through no fault of their own. Many are faced with downsizing, pay cuts and other challenges that call for renewed vigor and creative solutions.
Fortunately in Texas, there is a silver lining. A recent USA Today article reported Texas recently surpassed New York to become the nation’s second-largest economy during the past decade. That dramatic distinction is no doubt due to Texans’ inherent work ethic, as well as our business-friendly environment, fair regulations and low taxes.
These favorable attributes recently helped inspire a new Texas Department of Agriculture program called Jobs For Texas, or J4T. This innovative new program fits the needs of Texas small businesses by enabling investors and private entrepreneurs to make market-driven decisions to grow jobs.
The J4T program also recently won a $46.5 million national award under the State Small Business Credit Initiative (SSBCI). These funds will be used to enhance economic development and private investment in Texas by helping small businesses grow and create jobs through loan guarantees and a venture capital program.
If you have a job, respect it and keep working hard for our economic recovery. If you do not have a job, stay positive and don’t give up. That great job is right around the corner and it’s essential to continue the job search on behalf of yourself, your family and our economy. Happy Labor Day, everyone.