Posted on 09/22/2014 11:16:01 AM PDT by centurion316
GOV. SAM BROWNBACK of Kansas says he has come to regret characterizing his policy agenda as a real live experiment that would test the efficacy of deep tax cuts to spur jobs and economic growth. In fact, Mr. Brownbacks choice of words was apt. Few if any governors have undertaken such an extreme trial-by-revenue-deprivation in a state so clearly lacking the economic means to withstand it.
Now, as the damaging social and budgetary impacts of his slash-and-burn fiscal measures have become apparent, Mr. Brownback, a conservative Republican seeking reelection this fall in a state where every statewide elected official is also a Republican, is in the disorienting position of trailing his Democratic challenger in the polls.
Mr. Brownbacks Kansas trial is rapidly becoming a cautionary tale for conservative governors elsewhere who have blithely peddled the theology of tax cuts as a painless panacea for sluggish growth. Most key indicators suggest that job creation and economic growth in Kansas are lagging those of its neighbors.
Mr. Brownback has cherry-picked the statistics to suggest that things arent as bad as they seem, while arguing that its still too early more than a year and a half after his cuts were enacted to gauge their full impact. Meanwhile, Wall Streets bond rating agencies, taking note of plummeting tax revenue and a siphoning off of the states reserves to cover current and projected deficits, have weighed in with their own verdict: Moodys cut Kansass credit rating last spring, and Standard & Poors followed suit last month.
(Excerpt) Read more at washingtonpost.com ...
And of course, once Brownback is defeated, the dem will reap the political benefits once the positive impact of the tax cuts is felt.
Says the WaPo, which sets up shop in the failed state of Maryland, despite being propped up by the taxpayer funded DC economy.
That will fix everything!
And of course Wall St. has NO big government agenda...riiiight?
Of course they are alarmed, since that's where their power comes from...the ability to take from a productive person and give it to a non-productive voter. If you want to turn spending around, simply say that anyone receiving public assistance of any kind must follow these sets of rules:
1) random drug testing,
2) if they can fog a mirror, they must show up for work at 8AM M-F to clean toilets in public buildings, or anything else that needs to be done, and
3) they cannot vote in any Federal, State, or Local elections.
Given those rules, how long before the politicians start expressing less alarm about giving less of your money away?
And after nearly 6 years of OBAMA.....eberything is still GWB’s fault! So says the Washington ComPOST.
If the Compost opposes him I support him.In fact,I just might send him some $$$.
But after six years of Obama Madness the WaPo still can't see that that nationally the economy has been coverted from worker-based to food stamp recipients.
Six years' tolerance for B. Hussein O. and not a grumble, 1.5 years for Brownback and it's curtains.
Media bias anyone?
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Send treats to the troops...
Great because you did it.
www.AnySoldier.com
(An entirely free service)
A failed “newspaper” supposedly valued at $ 1 billion a few years ago, sells to Amazon’s Jeff Bezos who charitably puts up $ 100 million. The Washington Post really knows business, don’t it??
Come On, Kansas! If WaPo’s editors are against it - it HAS to be good for Kansas and the Country.
Makaka said the compost
I think the Washington Post is confusing Brownback with Barack Hussein Obama and his buttlicking sycophant media...like the Washington Post.
Whoa...didn't the ratings agencies DOWNGRADE THE UNITED STATES GOVERNMENT under Obama, too?
Where was the Washington Post on that issue?
They should change the name of Sousa's Washington Post March to the WaPo Two Step or perhaps the WaPo Minuet.
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Send treats to the troops...
Great because you did it.
www.AnySoldier.com
(An entirely free service)
If the Democrats are elected, the tax cuts will disappear.
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