The claim that conservative policies of new presidential candidate Gov. Rick Perry caused an...

|By:, SA News Editor

The claim that conservative policies of new presidential candidate Gov. Rick Perry caused an economic miracle in Texas is a myth based on a fallacy, Paul Krugman writes. "A state offering cheap labor and... weak regulation can attract jobs from other states," but any logic applying those policies to the entire U.S. is impossible since "every state can’t lure jobs away from every other state."