Kansas tax reform. A message from Americans for Prosperity, Kansas: “‘Today’s vote on a much-needed tax reform bill will provide an immediate boost to Kansas families and businesses,’ said AFP-Kansas state director Derrick Sontag. ‘The approved tax bill cuts the income tax for Kansas families and small businesses, which is certainly good news for taxpayers. The current leadership of the state Senate helped lead Kansas down a path of economic destruction as indicated by the past decade being one of lost private sector jobs, stagnant population growth, and taxpayers fleeing to other states. Yet in spite of all the evidence pointing to the failure of the tax and spend approach, the actions of Senate leadership today indicated that they wanted more of the same. Today’s action by a majority of the House led by leadership was a step in the right direction to reverse the failed economic policies of the past. We applaud the leaders of the Kansas House for this bold move toward tax relief.'”
School funding. Two Wichita legislators on Kansas school funding. First, Representative Jim Ward: “The question is do we spend money on tax cuts for rich people and out-of-state corporations or do we spend money restoring the cuts to education.” … Then Senator Jean Schodorf: “Schodorf said business as usual is not funding schools. ‘That has become kind of the status quo in the legislature, and this year we desperately need to get a funding increase for schools.'” I wonder if either of these two legislators, both of whom hold leadership positions on education committees, know that this will likely be a record-setting year for school spending in Kansas, when all sources are considered? Fighting for school funding is a distraction from the reforms that Kansas schools really need.
Separation of art and state. David Boaz, writing at “Room for Debate” at the New York Times: “What do art, music, and religion have in common? They all have the power to touch us in the depths of our souls. As one theater director said, ‘Art has power. It has the power to sustain, to heal, to humanize … to change something in you. It’s a frightening power, and also a beautiful power. … And it’s essential to a civilized society.’ Which is precisely why art, music, and religion should be kept separate from the state. Government involves the organization of coercion. In a free society coercion should be reserved only for such essential functions of government as protecting rights and punishing criminals. People should not be forced to contribute money to artistic endeavors that they may not approve, nor should artists be forced to trim their sails to meet government standards.” Read more at Separation of Art and State. We failed this important test in Kansas, as funding for arts is now a concern for the state.
Stimulus spending. Robert J. Barro in the Wall Street Journal, available at the Hoover Institution: “The weak economic recovery in the U.S. and the even weaker performance in much of Europe have renewed calls for ending budget austerity and returning to larger fiscal deficits. … This viewpoint is dangerously unstable. Every time heightened fiscal deficits fail to produce desirable outcomes, the policy advice is to choose still larger deficits. If, as I believe to be true, fiscal deficits have only a short-run expansionary impact on growth and then become negative, the results from following this policy advice are persistently low economic growth and an exploding ratio of public debt to GDP. The last conclusion is not just academic, because it fits with the behavior of Japan over the past two decades.” On the idea of Keynesian solutions to economic problems: “Despite the lack of evidence, it is remarkable how much allegiance the Keynesian approach receives from policy makers and economists. I think it’s because the Keynesian model addresses important macroeconomic policy issues and is pedagogically beautiful, no doubt reflecting the genius of Keynes. The basic model — government steps in to spend when others won’t — can be presented readily to one’s mother, who is then likely to buy the conclusions. … Keynes worshipers’ faith in this model has actually been strengthened by the Great Recession and the associated financial crisis. Yet the empirical support for all this is astonishingly thin. The Keynesian model asks one to turn economic common sense on its head in many ways. For instance, more saving is bad because of the resultant drop in consumer demand, and higher productivity is bad because the increased supply of goods tends to lower the price level, thereby raising the real value of debt. Meanwhile, transfer payments that subsidize unemployment are supposed to lower unemployment, and more government spending is good even if it goes to wasteful projects.” See Stimulus Spending Keeps Failing.
Drug court to be Pachyderm topic. This Friday (May 11th) the Wichita Pachyderm Club Judge Joe Kisner of the Sedgwick County Drug Court speaking on “A new approach to an old problem.” The public is welcome and encouraged to attend Wichita Pachyderm meetings. For more information click on Wichita Pachyderm Club. … The club has an exceptional lineup of future speakers as follows: On May 18th: Paul Soutar, Reporter for Kansas Watchdog, speaking on “The evolution of journalism and how the new media empowers citizens.” … On May 25th: Ron Estes, State Treasurer of Kansas, speaking on “A report from the Kansas Treasurer.” … On June 1st: Gary Oborny, Chairman/CEO Occidental Management and Real Estate Development, CCIM Designated member of the Storm Water Advisory Board to the City of Wichita, speaking on “What is the economic impact of EPA mandates on storm water quality in Wichita?”
Elizabeth Warren. Writes Ann Coulter: “For liberals, it should be a mortal sin: Elizabeth Warren cheated on affirmative action.” A funny — and sad, because it tells us a lot about our country — column on how Elizabeth Warren, the Massachusetts Senatorial Candidate, apparently lied about being a member of a minority group (being 1/32 Cherokee) and how universities lapped it up.
Failure of socialism to be shown. The Wichita Chapter Meeting of Americans for Prosperity Foundation continues its video presentation of Milton Friedman’s “Free to Choose” series. The next episode to be shown is “The Failure of Socialism,” followed by a group discussion on Monday, May 14, 2012 at the Alford Branch Wichita Public Library, from 7:00 pm to 8:30 pm. There is no admission charge. RSVP not required. The Lionel D. Alford Library located at 3447 S. Meridian in Wichita. The library is just north of the I-235 exit on Meridian. For more information on this event contact John Todd at [email protected] or 316-312-7335, or Susan Estes, AFP Field Director at [email protected] or 316-681-4415.
Yes we can! No they can’t! “It’s a fatal conceit. The politicians in there think they can run our economy, run our lives. But no — they can’t.” That’s John Stossel standing in front of the U.S. Capitol at the start of a television program featuring his new book No, They Can’t: Why Government Fails-But Individuals Succeed. The complete show is available on the free hulu service at Stossel – Thursday, Apr 12, 2012.