King Arthur Flour has a county fair fried dough recipe that uses unbleached flour, salt, baking powder, butter and water. It is best when cooked in peanut oil, which provides a nice flavor and has a higher smoke point.
Start by adding together 2 cups of unbleached flour, 2 teaspoons baking powder and 3/4 teaspoons of salt in a bowl. Cut in 2 tablespoons' worth of 1/2-inch butter cubes until the dough is crumbly. Stir in 3/4 cup of lukewarm water and mix until a smooth dough forms. Cover for 15 minutes.
Split the dough into 8 equal pieces, and roll each into about a 5 inch round. Pour vegetable or peanut oil into a shallow pan until the oil is 3/8 of an inch deep, which is about 2 cups of oil for a 10-inch pan. Heat the oil until it is 375 degrees Fahrenheit.
Carefully place one piece of the dough into the pan, and cook it for 1 minute on each side, until the dough puffs up. Drain the rounds on paper towels. Top with cinnamon and sugar, powdered sugar, honey or fruit jam. Alternatively, top the dough rounds with spaghetti sauce or cheese to make a savory dish.