Paul Ryan

Kansas and Wichita quick takes: Thursday May 19, 2011

Kansas growth clusters. H. Edward Flentje, Professor at the Hugo Wall School of Urban and Public Affairs at Wichita State University: "For starters, the Brownback economic plan sends a mixed message; it argues against state policies that target incentives to the lucky few but then proceeds to target individuals moving to 'rural opportunity zones' for special income-tax breaks and payoffs of student loans." The hope of the governor is that counties that have been losing population can be revived. But Flentje tells of the difficulties these rural counties face: "Rural Kansas relies much more heavily on state and federal assistance,…
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Reisman: Social Security, Medicare must end

Last week George Reisman published an article that should be required reading for all who care about the future of our country. Titled How to Eliminate Social Security and Medicare, it will take more than a few minutes to read, but it holds the type of information we need to know as we consider reform of government entitlements. Reisman is the author of the monumental work Capitalism: A Treatise on Economics. Reisman lays out a plan that would gradually, over time, end the Social Security and Medicare systems. It's a detailed plan, and I don't pretend to know enough to…
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Kansas and Wichita quick takes: Friday April 8, 2011

Kansas Meadowlark blog recast. Earl Glynn of Overland Park has reformed his Kansas Meadowlark site from a blog to a news site along the lines of the Drudge Report. Glynn's full-time job is working for Kansas Watchdog. Economics in one lesson next week. On Monday, four videos based on Henry Hazlitt's class work Economics in One Lesson will be shown in Wichita. The four topics included in Monday's presentation will be The Lesson, The Broken Window, Public Works Means Taxes, and Credit Diverts Production. The event is Monday (April 11) at 7:00 pm to 8:30 pm at the Lionel D.…
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Federal spending on autopilot

Many people know that a large portion of the federal budget is effectively out of lawmakers' hands. Together Social Security, Medicare, Medicaid, and interest on the debt presently consume about 48 percent of federal spending. But if nothing changes, these programs will grow to consume 90 percent of federal spending by 2084. This is the conclusion of Mercatus Center Senior Research Fellow Veronique de Rugy. Her analysis is based on data from the Congressional Budget Office, which makes forecasts in its Long-Term Budget and Economic Outlook. Her report is Defense and Non-Defense Spending Programs Squeezed as Autopilot Programs and Debt…
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Goyle on Social Security protection

Raj Goyle, candidate for U.S. Congress from Kansas, pledges to protect Social Security from changes, including partial privatization and increases in the retirement age. On his campaign website, he says we must work in a "bipartisan, responsible way to adjust Social Security to ensure its long-term stability." Goyle's website doesn't say this, but the only way to make these adjustments is to increases taxes or the deficit -- which pushes taxation off to the future. Goyle's opponents in the campaign for United States Congress from the fourth district of Kansas are Reform party candidate Susan Ducey, Republican Mike Pompeo, and…
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