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Perry Calls for Halt of ‘Economic Ruin’ in Republican Speech

Rick Perry, the longest-serving Texas governor, said the U.S. needs to adopt principles of low taxes, reduced spending and less regulation to end “economic misery,” in remarks to New York Republicans.

“America cannot continue on a course of economic ruin,” Perry, 61, said yesterday in remarks to a $1,000-a-plate dinner meeting of the New York County Republican Party in Manhattan. The governor criticized President Barack Obama’s policies while touting his state’s record of attracting businesses and jobs.