Iowa's experiment in GOP economics a massive failure. Settled once and for all?

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rdean

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Kansas Gov. Sam Brownback somehow survives his failed economic experiment

Part of that pain, however, has come from substantial budget cuts, especially to education and other popular government services. Indeed, at a time of slow but general economic recovery in the US when most states are restoring education budget cuts from the recession, Kansas has been one of the few states cutting education investment.

However, the same electorate that gave him a second term also said in the exit poll that his tax cuts hurt rather than helped the economy by a 52%-41% margin.

-------------------------------------------

Failed GOP 'experiment' backfires

KANSAS CITY, Kansas — After riding a landslide victory into the governor’s mansion in 2010, Kansas Republican Sam Brownback laid out an agenda straight out of any conservative’s dreams. Carving taxes and spending down to the bone, Brownback’s “real live experiment” was supposed to lift Kansas out of the recession and into economic prosperity.

Instead, the test case is unraveling into a monstrous failure.

Instead, budget projections put Kansas at a $300 million revenue shortfall at the end of the state’s fiscal year in July. The state’s bond rating has since been downgraded in part because of the massive tax cuts, and not just once, but twice.

Simonich said she was especially angered by Brownback’s campaigning in trying to claim credit for the successful school districts that he cut funding to.

“He’s killing us,” she said. “He’s killing Kansans.”
-----------------------------------------------------------------

When Bush and the GOP were swept into office, they followed GOP policies to the letter expecting an enormous economic boon. The wealth of the nation redistributed to the top 1% and wham, enormous deficits and jobs moved to China.

But Republicans blamed all that on the Iraq war and eventually on Obama.

But Sam Brownback decided he would show the Nation, the world and other Republicans how it's done. His failure was even greater than Bush's. Without a war in Iraq to blame it on, everyone is seeing the disaster that are Republican's economic policies. Move the wealth to the top 1% and screw the children, the schools, the middle class, education, the poor and everyone even close. And what do you end up with? A ruined state that business wants nothing to do with and enormous
deficits. What a mess.
 
someone posted a thread the other day on Idahos experiment in GOP economics.....seems they are going to have a surplus......
 
someone posted a thread the other day on Idahos experiment in GOP economics.....seems they are going to have a surplus......
Their small surplus is due to the improved stock market, The same as in many other states. In fact, only a handful of states won't have a surplus this year.
But, for Idaho, will it last? Probably not.

Idaho Excels in Low Skill/Low Wage Jobs
Idaho Excels in Low Skill/Low Wage Jobs

Long-term studies of successful states indicate that education and innovation—not lower taxes—are the keys to sustained job growth. Currently, there are 2 million jobs nation-wide that cannot be filled because of a lack of skilled workers.

In one year alone Idaho’s high-tech wages dropped, according to the state’s Office of Science and Technology, from $28.69/hr. in 2005 to $22.81 in 2006. The number of jobs in this area fell from 57,000 in 2001 to 56,000 in 2006.

As Cooke states: “Idaho’s education gap is in a class by itself,” and it will only grow worse with declining appropriations for public schools, colleges, and universities.

Writing for Idaho Business Weekly (5/5/11) Isaac N. Squyres drew the following conclusion: “Idahoans with less education and those making less money favor creating more traditional jobs rather than jobs in highly skilled fields.”

In 2006 the Council on Science and Technology recommended a $50 million package to encourage high-tech industry in the state, but Gov. Otter and the Legislature ignored the advice. Letting Idaho continue as the king of non-traditional call centers and low priced retailers will perpetuate its low skill/low wage status.

---------------------------------

The surplus in some states is billions not a hundred million. Just sayin'.
 
I love this one statement:

Across the nation and the world, governments and private businesses have cooperated to improve economic conditions and results. For example, tiny Israel has a first-class aerospace industry and record number of start-up companies primarily because of government help, or, to use a dirty word among free marketeers, a deliberate “industrial policy.”
----------
According to Republicans government can't do anything. Other countries will kick our ass as long as Republicans continue to push this false dogma without resistance.
 
Kansas Gov. Sam Brownback somehow survives his failed economic experiment

Part of that pain, however, has come from substantial budget cuts, especially to education and other popular government services. Indeed, at a time of slow but general economic recovery in the US when most states are restoring education budget cuts from the recession, Kansas has been one of the few states cutting education investment.

However, the same electorate that gave him a second term also said in the exit poll that his tax cuts hurt rather than helped the economy by a 52%-41% margin.

-------------------------------------------

Failed GOP 'experiment' backfires

KANSAS CITY, Kansas — After riding a landslide victory into the governor’s mansion in 2010, Kansas Republican Sam Brownback laid out an agenda straight out of any conservative’s dreams. Carving taxes and spending down to the bone, Brownback’s “real live experiment” was supposed to lift Kansas out of the recession and into economic prosperity.

Instead, the test case is unraveling into a monstrous failure.

Instead, budget projections put Kansas at a $300 million revenue shortfall at the end of the state’s fiscal year in July. The state’s bond rating has since been downgraded in part because of the massive tax cuts, and not just once, but twice.

Simonich said she was especially angered by Brownback’s campaigning in trying to claim credit for the successful school districts that he cut funding to.

“He’s killing us,” she said. “He’s killing Kansans.”
-----------------------------------------------------------------

When Bush and the GOP were swept into office, they followed GOP policies to the letter expecting an enormous economic boon. The wealth of the nation redistributed to the top 1% and wham, enormous deficits and jobs moved to China.

But Republicans blamed all that on the Iraq war and eventually on Obama.

But Sam Brownback decided he would show the Nation, the world and other Republicans how it's done. His failure was even greater than Bush's. Without a war in Iraq to blame it on, everyone is seeing the disaster that are Republican's economic policies. Move the wealth to the top 1% and screw the children, the schools, the middle class, education, the poor and everyone even close. And what do you end up with? A ruined state that business wants nothing to do with and enormous
deficits. What a mess.
Well Iowans don't feel that way cuz Carson is beating Hillary.
 
Kansas Gov. Sam Brownback somehow survives his failed economic experiment

Part of that pain, however, has come from substantial budget cuts, especially to education and other popular government services. Indeed, at a time of slow but general economic recovery in the US when most states are restoring education budget cuts from the recession, Kansas has been one of the few states cutting education investment.

However, the same electorate that gave him a second term also said in the exit poll that his tax cuts hurt rather than helped the economy by a 52%-41% margin.

-------------------------------------------

Failed GOP 'experiment' backfires

KANSAS CITY, Kansas — After riding a landslide victory into the governor’s mansion in 2010, Kansas Republican Sam Brownback laid out an agenda straight out of any conservative’s dreams. Carving taxes and spending down to the bone, Brownback’s “real live experiment” was supposed to lift Kansas out of the recession and into economic prosperity.

Instead, the test case is unraveling into a monstrous failure.

Instead, budget projections put Kansas at a $300 million revenue shortfall at the end of the state’s fiscal year in July. The state’s bond rating has since been downgraded in part because of the massive tax cuts, and not just once, but twice.

Simonich said she was especially angered by Brownback’s campaigning in trying to claim credit for the successful school districts that he cut funding to.

“He’s killing us,” she said. “He’s killing Kansans.”
-----------------------------------------------------------------

When Bush and the GOP were swept into office, they followed GOP policies to the letter expecting an enormous economic boon. The wealth of the nation redistributed to the top 1% and wham, enormous deficits and jobs moved to China.

But Republicans blamed all that on the Iraq war and eventually on Obama.

But Sam Brownback decided he would show the Nation, the world and other Republicans how it's done. His failure was even greater than Bush's. Without a war in Iraq to blame it on, everyone is seeing the disaster that are Republican's economic policies. Move the wealth to the top 1% and screw the children, the schools, the middle class, education, the poor and everyone even close. And what do you end up with? A ruined state that business wants nothing to do with and enormous
deficits. What a mess.
The state is broke, nothing to spend.
 
someone posted a thread the other day on Idahos experiment in GOP economics.....seems they are going to have a surplus......
Their small surplus is due to the improved stock market, The same as in many other states. In fact, only a handful of states won't have a surplus this year.
But, for Idaho, will it last? Probably not.

Idaho Excels in Low Skill/Low Wage Jobs
Idaho Excels in Low Skill/Low Wage Jobs

Long-term studies of successful states indicate that education and innovation—not lower taxes—are the keys to sustained job growth. Currently, there are 2 million jobs nation-wide that cannot be filled because of a lack of skilled workers.

In one year alone Idaho’s high-tech wages dropped, according to the state’s Office of Science and Technology, from $28.69/hr. in 2005 to $22.81 in 2006. The number of jobs in this area fell from 57,000 in 2001 to 56,000 in 2006.

As Cooke states: “Idaho’s education gap is in a class by itself,” and it will only grow worse with declining appropriations for public schools, colleges, and universities.

Writing for Idaho Business Weekly (5/5/11) Isaac N. Squyres drew the following conclusion: “Idahoans with less education and those making less money favor creating more traditional jobs rather than jobs in highly skilled fields.”

In 2006 the Council on Science and Technology recommended a $50 million package to encourage high-tech industry in the state, but Gov. Otter and the Legislature ignored the advice. Letting Idaho continue as the king of non-traditional call centers and low priced retailers will perpetuate its low skill/low wage status.

---------------------------------

The surplus in some states is billions not a hundred million. Just sayin'.
someone posted a thread the other day on Idahos experiment in GOP economics.....seems they are going to have a surplus......
Their small surplus is due to the improved stock market, The same as in many other states. In fact, only a handful of states won't have a surplus this year.
But, for Idaho, will it last? Probably not.

Idaho Excels in Low Skill/Low Wage Jobs
Idaho Excels in Low Skill/Low Wage Jobs

Long-term studies of successful states indicate that education and innovation—not lower taxes—are the keys to sustained job growth. Currently, there are 2 million jobs nation-wide that cannot be filled because of a lack of skilled workers.

In one year alone Idaho’s high-tech wages dropped, according to the state’s Office of Science and Technology, from $28.69/hr. in 2005 to $22.81 in 2006. The number of jobs in this area fell from 57,000 in 2001 to 56,000 in 2006.

As Cooke states: “Idaho’s education gap is in a class by itself,” and it will only grow worse with declining appropriations for public schools, colleges, and universities.

Writing for Idaho Business Weekly (5/5/11) Isaac N. Squyres drew the following conclusion: “Idahoans with less education and those making less money favor creating more traditional jobs rather than jobs in highly skilled fields.”

In 2006 the Council on Science and Technology recommended a $50 million package to encourage high-tech industry in the state, but Gov. Otter and the Legislature ignored the advice. Letting Idaho continue as the king of non-traditional call centers and low priced retailers will perpetuate its low skill/low wage status.

---------------------------------

The surplus in some states is billions not a hundred million. Just sayin'.

Detroit excells at no jobs, no wages
Unemployment rate 12.7%



Idaho unemployment rate 3.9%

Detroit, MI Unemployment Rate


Idaho Department of Labor
 
someone posted a thread the other day on Idahos experiment in GOP economics.....seems they are going to have a surplus......
Their small surplus is due to the improved stock market, The same as in many other states. In fact, only a handful of states won't have a surplus this year.
But, for Idaho, will it last? Probably not.

Idaho Excels in Low Skill/Low Wage Jobs
Idaho Excels in Low Skill/Low Wage Jobs

Long-term studies of successful states indicate that education and innovation—not lower taxes—are the keys to sustained job growth. Currently, there are 2 million jobs nation-wide that cannot be filled because of a lack of skilled workers.

In one year alone Idaho’s high-tech wages dropped, according to the state’s Office of Science and Technology, from $28.69/hr. in 2005 to $22.81 in 2006. The number of jobs in this area fell from 57,000 in 2001 to 56,000 in 2006.

As Cooke states: “Idaho’s education gap is in a class by itself,” and it will only grow worse with declining appropriations for public schools, colleges, and universities.

Writing for Idaho Business Weekly (5/5/11) Isaac N. Squyres drew the following conclusion: “Idahoans with less education and those making less money favor creating more traditional jobs rather than jobs in highly skilled fields.”

In 2006 the Council on Science and Technology recommended a $50 million package to encourage high-tech industry in the state, but Gov. Otter and the Legislature ignored the advice. Letting Idaho continue as the king of non-traditional call centers and low priced retailers will perpetuate its low skill/low wage status.

---------------------------------

The surplus in some states is billions not a hundred million. Just sayin'.
someone posted a thread the other day on Idahos experiment in GOP economics.....seems they are going to have a surplus......
Their small surplus is due to the improved stock market, The same as in many other states. In fact, only a handful of states won't have a surplus this year.
But, for Idaho, will it last? Probably not.

Idaho Excels in Low Skill/Low Wage Jobs
Idaho Excels in Low Skill/Low Wage Jobs

Long-term studies of successful states indicate that education and innovation—not lower taxes—are the keys to sustained job growth. Currently, there are 2 million jobs nation-wide that cannot be filled because of a lack of skilled workers.

In one year alone Idaho’s high-tech wages dropped, according to the state’s Office of Science and Technology, from $28.69/hr. in 2005 to $22.81 in 2006. The number of jobs in this area fell from 57,000 in 2001 to 56,000 in 2006.

As Cooke states: “Idaho’s education gap is in a class by itself,” and it will only grow worse with declining appropriations for public schools, colleges, and universities.

Writing for Idaho Business Weekly (5/5/11) Isaac N. Squyres drew the following conclusion: “Idahoans with less education and those making less money favor creating more traditional jobs rather than jobs in highly skilled fields.”

In 2006 the Council on Science and Technology recommended a $50 million package to encourage high-tech industry in the state, but Gov. Otter and the Legislature ignored the advice. Letting Idaho continue as the king of non-traditional call centers and low priced retailers will perpetuate its low skill/low wage status.

---------------------------------

The surplus in some states is billions not a hundred million. Just sayin'.

Detroit excells at no jobs, no wages
Unemployment rate 12.7%



Idaho unemployment rate 3.9%

Detroit, MI Unemployment Rate


Idaho Department of Labor

You are comparing a state to a city that has been in a downturn for at least a couple of decades.
A better example would be Scott Walker's conservative approach to get Wisconsin moving forward after The Great Recession and Mark Dayton's more liberal approach with Minnesota. Both States have very similar demographics, they are neighbors and for decades mirrored each other in just about every way. Now Wisconsin is eating Minnesota's dust , despite the fact that Minnesota's deficit was double the size of Wis: / consin's. In 2010 when both governors were first elected. In fiscal 2014, Minnesota had a surplus double the size of Wisconsin. Minnesota's unemployment rate is one of the lowest in the nation,where as Wisconsin sits near the middle.
 
someone posted a thread the other day on Idahos experiment in GOP economics.....seems they are going to have a surplus......
Their small surplus is due to the improved stock market, The same as in many other states. In fact, only a handful of states won't have a surplus this year.
But, for Idaho, will it last? Probably not.

Idaho Excels in Low Skill/Low Wage Jobs
Idaho Excels in Low Skill/Low Wage Jobs

Long-term studies of successful states indicate that education and innovation—not lower taxes—are the keys to sustained job growth. Currently, there are 2 million jobs nation-wide that cannot be filled because of a lack of skilled workers.

In one year alone Idaho’s high-tech wages dropped, according to the state’s Office of Science and Technology, from $28.69/hr. in 2005 to $22.81 in 2006. The number of jobs in this area fell from 57,000 in 2001 to 56,000 in 2006.

As Cooke states: “Idaho’s education gap is in a class by itself,” and it will only grow worse with declining appropriations for public schools, colleges, and universities.

Writing for Idaho Business Weekly (5/5/11) Isaac N. Squyres drew the following conclusion: “Idahoans with less education and those making less money favor creating more traditional jobs rather than jobs in highly skilled fields.”

In 2006 the Council on Science and Technology recommended a $50 million package to encourage high-tech industry in the state, but Gov. Otter and the Legislature ignored the advice. Letting Idaho continue as the king of non-traditional call centers and low priced retailers will perpetuate its low skill/low wage status.

---------------------------------

The surplus in some states is billions not a hundred million. Just sayin'.
someone posted a thread the other day on Idahos experiment in GOP economics.....seems they are going to have a surplus......
Their small surplus is due to the improved stock market, The same as in many other states. In fact, only a handful of states won't have a surplus this year.
But, for Idaho, will it last? Probably not.

Idaho Excels in Low Skill/Low Wage Jobs
Idaho Excels in Low Skill/Low Wage Jobs

Long-term studies of successful states indicate that education and innovation—not lower taxes—are the keys to sustained job growth. Currently, there are 2 million jobs nation-wide that cannot be filled because of a lack of skilled workers.

In one year alone Idaho’s high-tech wages dropped, according to the state’s Office of Science and Technology, from $28.69/hr. in 2005 to $22.81 in 2006. The number of jobs in this area fell from 57,000 in 2001 to 56,000 in 2006.

As Cooke states: “Idaho’s education gap is in a class by itself,” and it will only grow worse with declining appropriations for public schools, colleges, and universities.

Writing for Idaho Business Weekly (5/5/11) Isaac N. Squyres drew the following conclusion: “Idahoans with less education and those making less money favor creating more traditional jobs rather than jobs in highly skilled fields.”

In 2006 the Council on Science and Technology recommended a $50 million package to encourage high-tech industry in the state, but Gov. Otter and the Legislature ignored the advice. Letting Idaho continue as the king of non-traditional call centers and low priced retailers will perpetuate its low skill/low wage status.

---------------------------------

The surplus in some states is billions not a hundred million. Just sayin'.

Detroit excells at no jobs, no wages
Unemployment rate 12.7%



Idaho unemployment rate 3.9%

Detroit, MI Unemployment Rate


Idaho Department of Labor


You are comparing a city with a state

State of Michigan Unemployment Rate

Unemployment in Michigan is 5%--i.e too many people in Detroit.
 
someone posted a thread the other day on Idahos experiment in GOP economics.....seems they are going to have a surplus......
Their small surplus is due to the improved stock market, The same as in many other states. In fact, only a handful of states won't have a surplus this year.
But, for Idaho, will it last? Probably not.

Idaho Excels in Low Skill/Low Wage Jobs
Idaho Excels in Low Skill/Low Wage Jobs

Long-term studies of successful states indicate that education and innovation—not lower taxes—are the keys to sustained job growth. Currently, there are 2 million jobs nation-wide that cannot be filled because of a lack of skilled workers.

In one year alone Idaho’s high-tech wages dropped, according to the state’s Office of Science and Technology, from $28.69/hr. in 2005 to $22.81 in 2006. The number of jobs in this area fell from 57,000 in 2001 to 56,000 in 2006.

As Cooke states: “Idaho’s education gap is in a class by itself,” and it will only grow worse with declining appropriations for public schools, colleges, and universities.

Writing for Idaho Business Weekly (5/5/11) Isaac N. Squyres drew the following conclusion: “Idahoans with less education and those making less money favor creating more traditional jobs rather than jobs in highly skilled fields.”

In 2006 the Council on Science and Technology recommended a $50 million package to encourage high-tech industry in the state, but Gov. Otter and the Legislature ignored the advice. Letting Idaho continue as the king of non-traditional call centers and low priced retailers will perpetuate its low skill/low wage status.

---------------------------------

The surplus in some states is billions not a hundred million. Just sayin'.
someone posted a thread the other day on Idahos experiment in GOP economics.....seems they are going to have a surplus......
Their small surplus is due to the improved stock market, The same as in many other states. In fact, only a handful of states won't have a surplus this year.
But, for Idaho, will it last? Probably not.

Idaho Excels in Low Skill/Low Wage Jobs
Idaho Excels in Low Skill/Low Wage Jobs

Long-term studies of successful states indicate that education and innovation—not lower taxes—are the keys to sustained job growth. Currently, there are 2 million jobs nation-wide that cannot be filled because of a lack of skilled workers.

In one year alone Idaho’s high-tech wages dropped, according to the state’s Office of Science and Technology, from $28.69/hr. in 2005 to $22.81 in 2006. The number of jobs in this area fell from 57,000 in 2001 to 56,000 in 2006.

As Cooke states: “Idaho’s education gap is in a class by itself,” and it will only grow worse with declining appropriations for public schools, colleges, and universities.

Writing for Idaho Business Weekly (5/5/11) Isaac N. Squyres drew the following conclusion: “Idahoans with less education and those making less money favor creating more traditional jobs rather than jobs in highly skilled fields.”

In 2006 the Council on Science and Technology recommended a $50 million package to encourage high-tech industry in the state, but Gov. Otter and the Legislature ignored the advice. Letting Idaho continue as the king of non-traditional call centers and low priced retailers will perpetuate its low skill/low wage status.

---------------------------------

The surplus in some states is billions not a hundred million. Just sayin'.

Detroit excells at no jobs, no wages
Unemployment rate 12.7%



Idaho unemployment rate 3.9%

Detroit, MI Unemployment Rate


Idaho Department of Labor

You are comparing a state to a city that has been in a downturn for at least a couple of decades.
A better example would be Scott Walker's conservative approach to get Wisconsin moving forward after The Great Recession and Mark Dayton's more liberal approach with Minnesota. Both States have very similar demographics, they are neighbors and for decades mirrored each other in just about every way. Now Wisconsin is eating Minnesota's dust , despite the fact that Minnesota's deficit was double the size of Wis: / consin's. In 2010 when both governors were first elected. In fiscal 2014, Minnesota had a surplus double the size of Wisconsin. Minnesota's unemployment rate is one of the lowest in the nation,where as Wisconsin sits near the middle.
Exactly.

Sent from my SM-N910T3 using Tapatalk
 

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