As expected, Rick Perry, the governor of Texas, has announced that he is running for president. And we already know what his campaign will be about: faith in miracles ... you need to know is that the Texas miracle is a myth, and more broadly that Texan experience offers no useful lessons on how to restore national full employment.More here.
Tuesday, August 16, 2011
The Texas Unmiracle
Here's a take on Perry's undoing of Texas by the inimitable Paul Krugman.
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