Rick Perry drops out

Texas Gov. <a class="taxInlineTagLink" id="PEHST001561" title="Rick Perry" href="/topic/politics/government/rick-perry-PEHST001561.topic">Rick Perry</a>, who parachuted into the 2012 Republican presidential contest on a surge of upbeat expectations, exited the contest in January, two days before a South Carolina primary in which he was trailing far behind the leaders.

( Allison Joyce / Getty Images / January 19, 2011 )

Texas Gov. Rick Perry, who parachuted into the 2012 Republican presidential contest on a surge of upbeat expectations, exited the contest in January, two days before a South Carolina primary in which he was trailing far behind the leaders.

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