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Why is Rick Perry backing Newt Gingrich now?

Rick Perry bowed out today, likely giving Newt Gringrich a well-timed lift in the South Carolina primary.


Texas Gov. Rick Perry (with his wife Anita) announces he is dropping his run for the Republican presidential nomination in Charleston, South Carolina January 19, 2012.

REUTERS/Chris Keane

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Rick Perry’s surprise decision to drop out of the race and endorse Newt Gingrich may seem like odd timing, just a few days before the South Carolina primary. But it actually comes at a critical juncture - and in many ways, could play out for maximum impact, in Gingrich’s favor.



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