Meet Rick Perry

Posted: August 18, 2011 in Current Events, Politics
Tags: , , , ,

Also, I think he just might use product on his hair.

Texas Governor Rick Perry announced his candidacy for the Presidency over this past weekend.  So who is this guy?  Okay, we’ve just established that he’s Governor of Texas.  Republican governors from Texas have worked out so well for us in the past, right?  But maybe he’s different from that W. guy?  As it turns out, he may well be different, but somehow he manages to make that not be a good thing.  My blog friend Political Munky has a great post chock-full of information about Mr. Perry!  For example, it is becoming clear that Perry is going to establish himself as a sort of job-creating messiah based on what he’s done in Texas.  But Political Munky does a good job exposing that myth:

While Gov. Perry likes to boast about Texas’ low taxes, scant regulation and limited public services, the truth is Perry-jobs are really ‘jobettes,’ offering low pay, no benefits and no upward mobility. In fact, under Rickonomics, Texas has added more minimum wage jobs than all other states combined.  Even as Texas added those “jobettes,” its unemployment rate magically increased to 8 percent from 7.7 percent—and 23 states have a better employment rate than the miraculous Texas.

Perry says he is the best job creator in the race and that low-tax, low-regulation Texas created about 40 percent of all the new jobs generated in the United States over the past two years.  Here’s the truth:  Texas has benefited from the federal government’s expansion of the military and also from the expansion of the oil industry, which was due to international and national factors, not Perry’s policies.

Yay, “jobettes” for everyone!  Really read the whole thing.  It’s worth while.

Along the same lines, economist Paul Krugman wrote an article further debunking the myth that Perry craps out jobs before his morning shower every day.

What Texas shows is that a state offering cheap labor and, less important, weak regulation can attract jobs from other states. I believe that the appropriate response to this insight is “Well, duh.” The point is that arguing from this experience that depressing wages and dismantling regulation in America as a whole would create more jobs — which is, whatever Mr. Perry may say, what Perrynomics amounts to in practice — involves a fallacy of composition: every state can’t lure jobs away from every other state.

So wait a minute, Mr. Smarty-pants Krugman!  You mean to tell me that if Texas gains a job while Oklahoma losses a job, the country’s net gain in jobs is zero?  Are you sure about that math?  I think this is another of those fancy liberal elites trying to pull a fast one over common sense!

Anyway, I don’t think Perry would be good for this country.  However, I’m pretty sure his campaign is going to make good blog fodder in the months to come!

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