To the Editor:
The state of Kansas is in the abyss of budgetary disaster. This was created by the effects of conservative supply-side economics (tax cuts for the wealthy and deregulation).
In 2011, Gov. Sam Brownback cut taxes on the wealthy by 25 percent, eliminated taxes on small business and made smaller tax cuts for people on the lower end. The results were in 11 months the deficit was $685 million literally wiping out a $700 million surplus and is now a deficit of $500 million.
Mainstream economists dismissed supply-side long ago. Comparing Minnesota and California (Democratic controlled) and Wisconsin and Kansas (Republican controlled), progressive policies created much faster job and economic growth than retarded “pro business” Republican policies.
This is what the GOP candidates have to offer besides shutting down the government. Remember, Jimmy Carter created more jobs than both Bushes put together.
I’m sure this will short circuit some thought processes for some readers. We need more manufacturing in Morrison County for more good-paying jobs. Our representative and senator just can’t get it done. They have had years.
Resources: Federal Reserve Economic Data and Center on budget and policy priorities. — John Snell, Motley