Mitchell Schnurman shows how government spending and public borrowing stimulated Rick Perry's economy:
The state’s jobs growth … owes much to government spending and its fiscal sibling, public borrowing. Cities and school districts have been the big drivers, and that’s simpatico with the Texas ethos of a weak, decentralized government. But don’t discount the feds, whose defense buildup alone has tripled the billions of dollars in contracts flowing to the state. How many realize that Texas has a greater share of government workers than the rest of America? Or that under Perry, state debt grew faster than national debt? And that Texas was willing to spend and borrow for unemployment benefits—not once, but twice, under Perry’s watch?
Zeke Miller has more on Perry's derelict oversight of a publicly-funded loan program in the 1990s. Previous coverage of the Texas "non-miracle" here, here, here, and here.
The Dish 