Having only entered the race last week, Texas Gov. Rick Perry (R) has already jumped to the top of the GOP presidential field. Fueling his momentum is the so-called “Texas miracle” — the myth that Perry’s governorship has led Texas to weather the recession better than other states, maintaining a healthy economy and brisk job creation. Unfortunately for Perry, these claims are often built on incomplete analysis, or by cherry picking statistics while overlooking other relevant factors that fill in the full picture, which is a much more mixed and middling economic performance than he and his supporters would like you to believe.
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