Tell Rick Perry that there was NO ‘Texas Miracle’

Len Hart
The Existentialist Cowboy
August 15, 2011

As a fourth generation Texan, a descendent of Texas pioneers, I deny a favorite myth among the GOP inclined. There was no ‘Texas Miracle’ –a term cooked up in a GOP focus group, fly-by-night political consultants (perhaps from Chicago). It’s BS. Fact is –not only has education dropped off the radar, Texas has run out of oil that can be pumped profitably; real jobs are as scarce as hen’s teeth.

Frankly, I am surprised to learn that –as economist Paul Krugman points out –that in June 2011 the Texas unemployment rate was ONLY 8.2 percent. I had expected that it would have been higher. About that, economist Paul Krugman asks: “…what does population growth have to do with job growth?â€