Republican economic hocus pocus doesn’t pan out. The skewing of America is the screwing of Americans. Kansas is a case in point. Governor Brownback is a lawyer politician who has accomplished nothing else. Why would the voters in Kansas expect him to have competence in economics? Aside from representing the Future Farmers of America, what does he know? Can he farm? I doubt it.
He eliminated taxes on “small businesses,” meaning wealthy individuals, and that depleted the state’s tax revenues. The wealthy individuals did not invest to create jobs. That is a silly myth.
Job creation by state governments is a matter of sustainable economic engineering in modern times. What has the governor done to address that?
Republicans are stuck on the idea that cutting taxes and trickle down are silver bullets. That is bunk.
How to grow a state economy. (Here is a starter list)
1. Organize access to capital (that may be organizing investment bank contributions from wealthy Kansas Republicans)
2. Establish a entrepreneur program for Kansas college graduates who want to start businesses and invent new products
3. Create a sustainable economic environment promoting renewable energy as a place to start
4. Initiate the renewing of Kansas program by addressing new community designs based on sustainable living
See the details below.
46th Governor of Kansas
Assumed office January 10, 2011
United States Senator from Kansas
In office November 7, 1996 – January 3, 2011
Member of the U.S. House of Representatives from Kansas's 2nd district
In office January 3, 1995 – November 7, 1996
Born Samuel Dale Brownback
September 12, 1956 (age 57)
Garnett, Kansas, U.S.
Political party Republican
Kansas State University
University of Kansas, Lawrence
“Tax cuts in Kansas have cost the state money and jobs
BY CHRISTOPHER INGRAHAM June 27 at 3:58 PM
Gov. Sam Brownback of Kansas took to the pages of the Wall Street Journal last month to tout the success of his economic program, particularly several rounds of income tax cuts amounting to the largest in the state's history. "We supported small business by taking away all income taxes on small businesses," Brownback wrote, "allowing them to reinvest in their businesses, creating jobs and growth. ... By giving these companies more money to reinvest in their businesses, we are enabling them to hire more people and invest in needed equipment."
The only problem? That job growth hasn't exactly materialized. In fact, as Josh Barro notes in a must-read over at The Upshot today, job growth in Kansas has actually lagged behind the U.S. average, especially in the years following the first round of Brownback tax cuts in 2012.
Earlier this year, my colleague Niraj Chokshi reported on a Center and Budget Policy Priorities study of Kansas' cuts. In an unusually frank assessment from the nonpartisan think tank, the study's authors concluded that "Kansas is a cautionary tale, not a model. As other states recover from the recent recession and turn toward the future, Kansas’ huge tax cuts have left that state’s schools and other public services stuck in the recession, and declining further — a serious threat to the state’s long-term economic vitality. Meanwhile, promises of immediate economic improvement have utterly failed to materialize."
Every month brings fresh economic news that further validates these findings — job creation in Kansas has remained essentially flat since last fall, even as employment increased in the rest of the country.