Gov. Rick Perry, R-Texas, announced that he will not seek another term as governor in 2014, but hinted that he might run again for president in 2016.

“The time has come to pass on the mantle of leadership,” Perry said today. “I will not seek reelection as governor of Texas. I will spend the next 18 months working to create more jobs opportunity and innovation. I will actively lead this great state. And, I’ll also pray and reflect and work to determine my own future path. I make this announcement with a deep sense of humility and appreciation fort ehj time atrust the people of this state has given me and knowing I will truly miss serving in this capacity because it is the greatest job in modern politics.”

Perry addressed the 2016 speculation a second time. “Any future considerations I will announce in due time and I will arrive at that decision appropriately, but my focus will remain on Texas,” he said.

His retirement announcement might be the basis of a presidential stump speech down the line, as Perry noted that 1.6 million jobs have been created in the state since he took office as governor. “We have built a pathway to prosperity,” he said, echoing the title of the budget written by House Budget Committee Chairman Paul Ryan, R-Wis., the former vice presidential candidate.