I don't think Obama understands basic economics. Not economics that work. He may understand some theory that someone in Princeton sat and dreamed up, but it's not working.

Lieutenant Governor
In 1998 Perry chose not to seek a third term as Agriculture Commissioner running instead for Lieutenant Governor to succeed the retiring Democrat Bob Bullock. Senator Al Gore of Tennessee. Bush resigned to become President of the United States.

In the 2010 Texas gubernatorial election Perry won a third term by defeating former Houston mayor Bill White and Kathie Glass. Perry won the Texas 2010 Republican gubernatorial primary election defeating U.