Governor Rick Perry thinks he got hisself a big ol’ “Texas Economic Miracle,” and he’s aimin’ to bring it to the rest of the country as U.S. President. How’s he gonna do it? Simple: discover oil and gas in the other 49 states, open more military plants and bases everywhere, encourage more US investments by drug lords, and increase public sector employment by 19%, just like he did in Texas.
But just why does the Governor think there is a “Texas Miracle,” anyway, when unemployment in his state is about the same as that of, oh, New York? Maybe because economic genius Rick Perry got a “D” in Economics at Texas A&M.
Rick Perry claims his Tea Party approach to government is the reason for his imaginary “Texas Miracle,” but if tax-cutting and deregulating were the keys to economic prosperity, George W. Bush wouldn’t have crashed the economy and we’d be seeing a “Misissippi Miracle” and “Alabama Miracle.”
Of course, a President Perry could help reduce the Federal deficit by returning the $17 billion in Federal stimulus money he got for Texas. That would mean the Texas state budget will no longer balance, but he won’t be governor any more, so he won’t give a hoot.
The Texas Unmiracle,” Paul Krugman, New York Times
“Texas’ economic miracle beginning to tarnish,” Chris Tomlinson, AP via Business Week
“Miracle Guile: Rick Perry Has an Odd Way of Measuring Success,” Patrick Williams, Dallas Observer
“Perry’s employment record in Texas,” Felix Salmon, Reuters
“Rick Perry’s ‘Texas Miracle’ consisted of 125,000 new government jobs,” Hunter, Daily Kos
“Report: Texas Economic Miracle Paid for By Its Kids,” Pamela Oldham, Miller-McCune
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