Tuesday, June 9, 2015

What more proof do we need that Republican austerity and trickle-down just do not work?

Kansas and Louisiana are both examples of the folly of trying to improve a faltering economy, like we've faced since 2008, by cutting taxes and government spending.    Both states have had Republican governors who followed that failed mantra that insists that the "job creators" need to have their taxes cut and the government needs to spend less money.

Today, Kansas has come close to bankruptcy;   funds for education were slashed, government jobs were abolished, and infrastructure spending was decimated.    Some Kansas public schools had to shorten their school year, because they ran out of operating funds.

Louisiana did not fare much better, following the same pattern, despite the fact that Gov. Bobby Jindal was hoping to run for president on his stewardship as Louisiana's governor.

In contrast, there is the success story of Minnesota, under the administration of Democratic Gov. Mark Dayton.    When he took office in 2011, there was a budget deficit 0f $6 billion dollars and unemployment of 7%.    Four years later, Minnesota has a budget surplus of $1.2 billion, with unemployment below 4%, one of the lowest in the nation.

How did he do it?   Despite a Republican controlled legislature for his first two years in office, Dayton was able to enact an increase in state income tax for those earning over $150,000, combined with increasing the minimum wage and a guarantee of equal pay for women.

In addition, 172,000 new jobs were added.   Even though Minnesota's top income tax rate is the 4th highest, its unemployment rate is the 5th lowest;   and the state medium income was $10,000 larger than the U. S. average.

In addition, this quietly effective governor also managed to institute an online voter registration system, making it easier for more people to exercise their voting rights. 

Why are Democratic strategists not shouting this success story from the rooftops and the social media?    How much longer before Republicans have to admit that their "austerity" and "trickle down" just do not work?   

Ralph

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