Kansas Is Going Broke

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Kansas Is Going Broke

Post  News Buzzard on Sat Jul 12, 2014 8:28 am

Kansas is another failed experiment in Supply Side economics:

http://www.politicususa.com/2014/07/11/kansas-broke-due-republican-plan-cutting-taxes-rich.html

Dorothy no longer wants to click her heels and go home to Kansas !

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Re: Kansas Is Going Broke

Post  Outerlimits on Tue Jul 15, 2014 3:22 pm

The article is a piece of pure logistical fallacy and liberal deception. It is clearly politically motivated by pro-union types who's agenda is to steal as much as they can from the taxpayers.

In Kansas. A decrease in revenue should be expected and planned for with spending cuts, and it appears they have fallen short in the planning department. Failing to cut spending enough is their problem, not cutting taxes - plenty of other places have cut taxes and not experienced these problems.


If tax hikes work so well to stimulate the economy, how come Illinois and Maryland are experiencing similar or worse problems than Kansas is now? The only two states that could be considered economically successful during the past 5 years are Texas and North Dakota, and both of those are part of that maligned group that have low taxes and "no basic government services". You can say what you want about whether they'd be better off if they followed different ideas, but lower taxes and fewer services has certainly not hurt their state to any significant degree. Also, I don't get this furor over the tax cut decreasing revenue - isn't it the whole point of cutting taxes for the government to take less money from people, so that those people can use that money to improve their own lives and make their own decisions about their future, thereby benefiting society as a whole?

Forcibly taking money from people in the form of taxes and sending it to some other purpose such as "government services" only redistributes funds in the economy; the act of taxing and spending does not create value or wealth of any kind, whereas the original owner of that money would have used it to create or purchase some value for himself and the other party to the transaction.


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Re: Kansas Is Going Broke

Post  News Buzzard on Tue Jul 15, 2014 3:34 pm

That's why Brownback is on the ropes in a Red state !

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Re: Kansas Is Going Broke

Post  Outerlimits on Tue Jul 15, 2014 3:37 pm

Like I said…A decrease in revenue should be expected and planned for with spending cuts, and it appears that Brownback has fallen short in the planning department.

Unlike the Feds...Kansas can’t just print money out of thin air.
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Re: Kansas Is Going Broke

Post  News Buzzard on Tue Jul 15, 2014 4:03 pm

Kasich is another one on the ropes. It looks like the Republican brand is wearing thin with their scorched earth theories. That's about 6 Republican governors who are now in a scrap to get re-elected.

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Re: Kansas Is Going Broke

Post  WHL on Tue Jul 15, 2014 5:21 pm

Spending cuts? THey don't know what that is, Outer. Unlike you and I they spend whether they have it or not.
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Re: Kansas Is Going Broke

Post  News Hawk on Tue Jul 15, 2014 8:35 pm

News Buzzard wrote:Kansas is another failed experiment in Supply Side economics:

http://www.politicususa.com/2014/07/11/kansas-broke-due-republican-plan-cutting-taxes-rich.html

Dorothy no longer wants to click her heels and go home to Kansas !

Your source traces its origin to the New York Times. Typical hit piece, right on schedule as loser Sebelius campaigns for the Democrats.

So you wouldn't trace the lack of revenue to the Obama "economy", where fewer people are working, thence less tax income for the state?

Question

In a thriving economy the tax cuts would work as it should.

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Re: Kansas Is Going Broke

Post  News Buzzard on Tue Jul 22, 2014 4:23 pm

More than 100 Republican officials in Kansas have endorsed the Democrat for Governor:

http://cjonline.com/news/state/2014-07-15/more-100-gop-politicians-endorse-democrat-davis-governor

Do you think the Topeka Capital Journal is doing a hit piece on Brownback? The Democrat is up by 6 points in a Red state!

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Re: Kansas Is Going Broke

Post  News Hawk on Tue Jul 22, 2014 9:18 pm

News Buzzard wrote:"...More than 100 Republican officials in Kansas have endorsed the Democrat for Governor...:

If you're looking for leftists in Kansas, you'll find 100 RINO officials in one county—Johnson County.

 study 


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Re: Kansas Is Going Broke

Post  News Buzzard on Sat Aug 09, 2014 11:56 am

Kansas is burning through it's reserves and will be in big trouble in a couple of years:

http://www.miamiherald.com/2014/08/08/4279495/apnewsbreak-new-kansas-figures.html

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Re: Kansas Is Going Broke

Post  News Pigeon on Sat Aug 09, 2014 1:27 pm

It's finally time that people open their eyes and see the proof that this "scorched-earth" policy of governance is only palatable if you want to live in a "bare-bones" society.

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Re: Kansas Is Going Broke

Post  News Buzzard on Sat Aug 09, 2014 1:43 pm

News Pigeon wrote:It's finally time that people open their eyes and see the proof that this "scorched-earth" policy of governance is only palatable if you want to live in a "bare-bones" society.

That's what Grover Norquist and the Tea Party has planned for us, and shame on us if we let it happen. OuterLimits is trying to tell us that Brownback didn't cut spending to match his cut in revenue, but the philosophy of Supply Side economics is that the low taxes will stimulate growth and revenue and there is no need to cut spending. The philosophy of Norquist is to reduce the size of government so severely that it will circle the drain and go down. The problem with that for a government leader, whether it be a governor or mayor, is that you still have to provide services to your citizens and you can't do it without any money. Grover Norquist and the Tea Party don't give a crap about that, they only care about the bottom line. It's too bad that we have so many spineless politicians who won't buck Grover Norquist.

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Re: Kansas Is Going Broke

Post  News Pigeon on Sat Aug 09, 2014 3:59 pm

News Buzzard wrote: Grover Norquist and the Tea Party don't give a crap about that, they only care about the bottom line. It's too bad that we have so many spineless politicians who won't buck Grover Norquist.

Very true.....but I do see a little hope in several of the recent primary's. Seems that quite a few common sense Repubs are taking it back from the loonie TEA-baggers... that's, at least, the right direction.

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Re: Kansas Is Going Broke

Post  News Buzzard on Sat Aug 09, 2014 6:14 pm

Yes it is the right direction, NP, and we may see several Republican governors lose their jobs in November as well!!

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Re: Kansas Is Going Broke

Post  News Hawk on Mon Aug 11, 2014 7:11 pm

News Buzzard wrote:Yes it is the right direction, and we may see several Republican governors lose their jobs in November as well!!
How do you expect The Chicago Machine to do this?

Propaganda?

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Re: Kansas Is Going Broke

Post  red_hill on Wed Aug 13, 2014 6:33 am

News Buzzard wrote:Kansas is burning through it's reserves and will be in big trouble in a couple of years:

http://www.miamiherald.com/2014/08/08/4279495/apnewsbreak-new-kansas-figures.html

The federal government is the one that lacks reserves and is "broke"

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Re: Kansas Is Going Broke

Post  News Hawk on Wed Aug 13, 2014 8:38 am

News Buzzard wrote:Kansas is another failed experiment in Supply Side economics:
Thanks for advising us of Republican shortcomings.

There are 2 million refugees in Kurdistan. (Our best ally in the area).

 No 


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Re: Kansas Is Going Broke

Post  News Hawk on Sun Feb 15, 2015 4:28 am

News Buzzard wrote:Kansas is burning through it's reserves and will be in big trouble in a couple of years..."

The budget is substantially higher this year but not as high as the unions were demanding.

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