Ten Reasons Why Rick Perry Shouldn’t Take Credit For Texas’ Economy

If Texas Gov. Rick Perry (R) enters the 2012 presidential race, he’ll almost certainly run on the strength of Texas’ economy under his three terms as governor. But as the Houston Chronicle pointed out yesterday, there are many reasons why Texas’ economy is growing that have little to do with Perry’s policies. The Chronicle lists ten, including rising oil prices, increased government and military spending, cheap immigrant labor, an abnormally strong housing market, and even, potentially, a growing drug trade. Moreover, Texas’ strong employment and GDP growth mask deep structural inequality problems in the state, such as a lack of good jobs and health insurance coverage.