[Guest post by DRJ]
PJTV’s Instapundit interview of Texas Governor Rick Perry includes Perry’s four simple rules for a healthy economy:
“You keep your taxes low, keep your regulatory climate fair and predictable, a legal system that doesn’t allow for oversuing, and keep a skilled workforce in place. Then get out of the way and let the private sector do what the private sector does best and create jobs and wealth.”
Texas has a balanced budget with $9B in a rainy day fund, a legislature that only meets 140 days out of every 2 years, and low taxes.