Author Topic: The Great Kansas Tea Party Disaster  (Read 678 times)

Straw Man

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The Great Kansas Tea Party Disaster
« on: November 02, 2014, 03:07:22 PM »
Quote
Extremist Republicans turned their government into a lab experiment of tax cuts and privatization. And now they may be losing control of one of the reddest states in the nation

By Mark Binelli | October 23, 2014

Back in 2011, Arthur Laffer, the Reagan-era godfather of supply-side economics, brought to Wichita by Brownback as a paid consultant, sounded like an exiled Marxist theoretician who'd lived to see a junta leader finally turn his words into deeds. "Brownback and his whole group there, it's an amazing thing they're doing," Laffer gushed to The Washington Post that December. "It's a revolution in a cornfield." Veteran Kansas political reporter John Gramlich, a more impartial observer, described Brownback as being in pursuit of "what may be the boldest agenda of any governor in the nation," not only cutting taxes but also slashing spending on education, social services and the arts, and, later, privatizing the entire state Medicaid system. Brownback himself went around the country telling anyone who'd listen that Kansas could be seen as a sort of test case, in which unfettered libertarian economic policy could be held up and compared right alongside the socialistic overreach of the Obama administration, and may the best theory of government win. "We'll see how it works," he bragged on Morning Joe in 2012. "We'll have a real live experiment."

That word, "experiment," has come to haunt Brownback as the data rolls in. The governor promised his "pro-growth tax policy" would act "like a shot of adrenaline in the heart of the Kansas economy," but, instead, state revenues plummeted by nearly $700 million in a single fiscal year, both Moody's and Standard & Poor's downgraded the state's credit rating, and job growth sagged behind all four of Kansas' neighbors. Brownback wound up nixing a planned sales-tax cut to make up for some of the shortfall, but not before he'd enacted what his opponents call the largest cuts in education spending in the history of Kansas.

Brownback hardly stands alone among the class of Republican governors who managed to get themselves elected four years ago as part of the anti-Obama Tea Party wave by peddling musty supply-side fallacies. In Ohio, Gov. John Kasich – whose press releases claim he's wrought an "Ohio Miracle" – has presided over a shrinking economy, this past July being the 21st consecutive month in which the state's job growth has lagged behind the national average. In Wisconsin, Gov. Scott Walker, whose union-busting inadvertently helped kick off the Occupy movement, cut taxes by roughly $2 billion – yet his promise to create 250,000 new private-sector jobs during his first term has fallen about 150,000 jobs short, and forecasters expect the state to face a $1.8 billion budgetary shortfall by mid-2017. A recent analysis by the Detroit Free Press, meanwhile, laid out how the tax policies of Gov. Rick Snyder, a wealthy entrepreneur who campaigned in Michigan as a nerdy technocrat, have resulted in businesses paying less ($1.7 billion less per year, to be exact), individuals paying more ($900 million per year) and – here's the kicker – job growth slowing every year since Snyder's cuts have been enacted.


Read more: http://www.rollingstone.com/politics/news/the-great-kansas-tea-party-disaster-20141023#ixzz3HxFQbia1
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Is anyone surprised by this shit?

It didn't work for Reagan when Laffer first dreamed it up (remember George Bush called this voodoo economics) and it defies common sense and yet the TeaBag morons seemed to have forgotten that it never worked and tried it again in Kansas.




Soul Crusher

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Re: The Great Kansas Tea Party Disaster
« Reply #1 on: November 02, 2014, 03:55:13 PM »
lmfao - bc the all leftist high tax states are doing so great right fool?

Straw Man

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Re: The Great Kansas Tea Party Disaster
« Reply #2 on: November 02, 2014, 04:14:13 PM »
lmfao - bc the all leftist high tax states are doing so great right fool?


you mean like California?

Look, if you can't address the SPECIFIC TOPIC of this thread then just STFU

240 is Back

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Re: The Great Kansas Tea Party Disaster
« Reply #3 on: November 02, 2014, 04:20:35 PM »
IMO, living in Kansas is already a disaster. 

Vince G, CSN MFT

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Re: The Great Kansas Tea Party Disaster
« Reply #4 on: November 02, 2014, 05:46:15 PM »
lmfao - bc the all leftist high tax states are doing so great right fool?


Kansas is even worse than any liberal based town or state......basically Brownback gave tax breaks to the wealthy for them to hire new workers and increase the workforce.  Only problem is that they pocketed the money and used some of it to reduce workers instead through outsourcing and automation. 

A

Soul Crusher

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Re: The Great Kansas Tea Party Disaster
« Reply #5 on: November 04, 2014, 09:05:11 PM »
BUMP.     LMFAO.    Brownback won. 

Straw Man

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Re: The Great Kansas Tea Party Disaster
« Reply #6 on: November 04, 2014, 09:09:33 PM »
BUMP.     LMFAO.    Brownback won. 

I'm glad

now he can stay to fix the mess he created


Coach is Back!

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Re: The Great Kansas Tea Party Disaster
« Reply #7 on: November 04, 2014, 09:10:34 PM »

.


Soul Crusher

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Re: The Great Kansas Tea Party Disaster
« Reply #8 on: November 04, 2014, 09:10:57 PM »
Roberts won too.   LMFAO.


F YOU libfags!

Vince G, CSN MFT

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Re: The Great Kansas Tea Party Disaster
« Reply #9 on: November 04, 2014, 09:15:02 PM »
BUMP.     LMFAO.    Brownback won. 


He barely won in a hardline Red State.  He definitely had plenty of campaign money from all the wealthy people he gave breaks to which has completely destroyed the state. 


Dorothy isn't going to be coming back to Kansas after this clusterfuck
A