Another economic "genius"

I guess super-Governor, and potential Republican Presidential candidate, Rick Perry is full of crap.  Who’d a thought?

From 2001 to 2010, state [Texas] debt alone grew from $13.4 billion to $37.8 billion, according to the Texas Bond Review Board. That’s an increase of 281 percent. Over the same time, the national debt rose almost 234 percent. [...]

Still, the trend is undeniable. While Texas lawmakers have refused to raise taxes — and often criticize Washington for borrowing and spending — the state has been paying for much of its expansion with borrowed money.

And this is after Texas used much-derided stimulus funds to cover last year’s deficit.  Yes, Gov. Perry, let’s bring that awesome economic expertise to Washington!