Supply side economics is working in Kansas!

[Fanatical Meat]

So to all the partisan people out there, when is it deemed a success or failure? How long does growth have to happen or how long does contraction have to happen to decide something is a failure? What is done if it fails?
All of our elected officials miss this point and all of us voters miss this point. Drives me nuts, think about suggesting something at work to drive productivity up and you don't have a time frame for when it should happen or think of a CEO making major changes and not having a back up plan if the results are not what he/she expected? I'm a big fan of the simple concept called SMART action plans/goals.

 

[Jaskalas]

Ill show you mine if you show me yours.

Raw dollar value? All I see is a standard inflationary trend in that, up until the year 2000 when all hell breaks loose.

 

[realibrad]

Raw dollar value? All I see is a standard inflationary trend in that, up until the year 2000 when all hell breaks loose.

...Post 52 quoting on post 12.

I actually tried to look up to see if it was adjusted for inflation, but I could not. The convo went way beyond that though.

 

[Engineer]

http://www.latimes.com/business/hiltzik/la-fi-mh-kansas-a-smoking-ruin-20140709-column.html

 

[ivwshane]

http://www.latimes.com/business/hiltzik/la-fi-mh-kansas-a-smoking-ruin-20140709-column.html

The important thing to look at is how the voters in Kansas will react. It's pretty meaningless if shitty policy gets enacted and people still vote in those that keep enacting shitty laws.

Will the people of Kansas double down on stupid?

 

[Engineer]

The important thing to look at is how the voters in Kansas will react. It's pretty meaningless if shitty policy gets enacted and people still vote in those that keep enacting shitty laws.

Will the people of Kansas double down on stupid?

From what I've read, the Dem. candidate wants to keep the cuts in place....

 

[senseamp]

http://www.latimes.com/business/hiltzik/la-fi-mh-kansas-a-smoking-ruin-20140709-column.html

Democrat run California is kicking butt and taking names, whereas GOP run Kansas is in the toilet.

Where is your God now?

 

[master_shake_]

Trickle down is bullshit. Everything grows from the ground up.

but shit rolls downhill...

people in kansas need more tornadoes to help create jobs.

 

[Zaap]

LOL @ liberals. Now California is their poster child for jobs! LOL! After getting your asses handed to you trying to compare CA to TX- quick, shift focus to Kansas!

California lost 1.3 million jobs since 2008 and has been struggling to regain them, let alone actually have real job growth beyond pre '08 levels.

Meanwhile:

Kansas has 4.8% unemployment.

California: 7.6%

If you're living on $60k most places in California (peanuts BTW) you'd only need $42k in Kansas to maintain the same standard of living.

 

[realibrad]

I sorted states by population size and got states close to Kansas.
West Virginia
Utah
Iowa
Nebraska
Mississippi
New Mexico
Nevada
Arkansas

Then looked at the rankings

State Job growth rank Tax Rate
West Virginia 9 6.07
Utah 4 6.68
Iowa 16 6.78
Nebraska 35 6.79
Mississippi 25 7
New Mexico 49 7.26
Nevada 2 7.93
Kansas 34 8.15
Arkansas 26 9.19

Changes things a little

 

[Ns1]

n/m

 

[senseamp]

LOL @ liberals. Now California is their poster child for jobs! LOL! After getting your asses handed to you trying to compare CA to TX- quick, shift focus to Kansas!

California lost 1.3 million jobs since 2008 and has been struggling to regain them, let alone actually have real job growth beyond pre '08 levels.

Meanwhile:

Kansas has 4.8% unemployment.

California: 7.6%

If you're living on $60k most places in California (peanuts BTW) you'd only need $42k in Kansas to maintain the same standard of living.

People are willing to pay 50% more to live in CA and not live in Kansas. That should tell you something, if you believe in the free markets.

 

[CrackRabbit]

If you're living on $60k most places in California (peanuts BTW) you'd only need $42k in Kansas to maintain the same standard of living.

Yes, but who actually WANTS to live in Kansas?

 

[CitizenKain]

LOL @ liberals. Now California is their poster child for jobs! LOL! After getting your asses handed to you trying to compare CA to TX- quick, shift focus to Kansas!

California lost 1.3 million jobs since 2008 and has been struggling to regain them, let alone actually have real job growth beyond pre '08 levels.

Meanwhile:

Kansas has 4.8% unemployment.

California: 7.6%

If you're living on $60k most places in California (peanuts BTW) you'd only need $42k in Kansas to maintain the same standard of living.

Location: Los Angeles

Huh.

 

[fskimospy]

LOL @ liberals. Now California is their poster child for jobs! LOL! After getting your asses handed to you trying to compare CA to TX- quick, shift focus to Kansas!

California lost 1.3 million jobs since 2008 and has been struggling to regain them, let alone actually have real job growth beyond pre '08 levels.

Meanwhile:

Kansas has 4.8% unemployment.

California: 7.6%

If you're living on $60k most places in California (peanuts BTW) you'd only need $42k in Kansas to maintain the same standard of living.

Cost of living in Kansas is lower because nobody wants to live in Kansas. Funny how that would be confusing to you.

 

[brycejones]

Cost of living in Kansas is lower because fewer people want to live in Kansas. Funny how that would be confusing to you.

FTFY

 

[Knowing]

Tax revenues as a percentage of GDP are remarkably stable. I don't know how a national value would apply to a single state that is trying something completely different though.

 

[Joepublic2]

Democrat run California is kicking butt and taking names, whereas GOP run Kansas is in the toilet.

Where is your God now?

Kicking ass? More like licking ass. Here's a much more objective, comprehensive graph of employment trends across the US.

Looks like cali's as deep into the red as their state budget is. And before the usual dullards chime in with "but those are muh muh mcjobs...":

http://www.governing.com/gov-data/e...income-growth-per-capita-us-counties-map.html

While per capita personal income had just about returned to pre-recession levels in 2012, incomes grew far faster in select counties across the country, mostly in Great Plains states.

The following map shows changes in per capita personal income, by U.S. county, between 2007 and 2012. Income data was compiled from the U.S. Bureau of Economic Analysis and adjusted for inflation using CPI-U.

The bottom line is people in these states are seeing their income grow faster than those in most democrat controlled coastal regions.

 

[senseamp]

Old news, since Brownback got his tax plan enacted and Cali got a Democrat supermajority, it's been kicking Kansas' behind.

 

[fskimospy]

Kicking ass? More like licking ass. Here's a much more objective, comprehensive graph of employment trends across the US.

Looks like cali's as deep into the red as their state budget is. And before the usual dullards chime in with "but those are muh muh mcjobs...":

http://www.governing.com/gov-data/e...income-growth-per-capita-us-counties-map.html

The bottom line is people in these states are seeing their income grow faster than those in most democrat controlled coastal regions.

Since we are talking about the efficacy of Kansas' tax cuts, doesn't it make vastly more sense to look at what happened since they were enacted?

 

[shira]

http://www.latimes.com/business/hiltzik/la-fi-mh-kansas-a-smoking-ruin-20140709-column.html

Ha ha ha, gotta love Brownback's spin:

Despite all this, Brownback resorted to an op-ed in the Wall Street Journal a few weeks ago to declare that "the early results are impressive." Among other statistics he cited, "In the past year, a record number of small businesses — more than 15,000 — were formed."

Yes, but as shown by the Center on Budget and Policy Priorities, a Washington economic think tank, 16,000 disappeared.

So the state LOSES a net total of 1,000 small businesses in the year since the tax cuts were enacted, yet Brownback is bragging about small business creation.

 

[shira]

Kicking ass? More like licking ass. Here's a much more objective, comprehensive graph of employment trends across the US.

Looks like cali's as deep into the red as their state budget is. And before the usual dullards chime in with "but those are muh muh mcjobs...":

http://www.governing.com/gov-data/e...income-growth-per-capita-us-counties-map.html

The bottom line is people in these states are seeing their income grow faster than those in most democrat controlled coastal regions.

Why on earth would you compare Kansas and California starting in 2005? Since Kansas and California policies weren't enacted until 2012, why would pre-2012 data be relevant to a comparison of the effectiveness of the new policies of the two states? No one can be that stupid.

 

[Joepublic2]

Why on earth would you compare Kansas and California starting in 2005? Since Kansas and California policies weren't enacted until 2012, why would pre-2012 data be relevant to a comparison of the effectiveness of the new policies of the two states? No one can be that stupid.

One year is hardly enough time for the results of a new policy to be intelligible, especially changes to tax policy. Get back to me in 5 years or so when you might have some data that's worth the paper it's printed on.

 

[Engineer]

One year is hardly enough time for the results of a new policy to be intelligible, especially changes to tax policy. Get back to me in 5 years or so when you might have some data that's worth the paper it's printed on.

Why were promises made then nearly two years ago when this was enacted?

Again, as taxes go to zero, jobs and revenue goes to infinity....

Laugher (spelling is correct in context) curve.

 

[Joepublic2]

Why were promises made then nearly two years ago when this was enacted?

Again, as taxes go to zero, jobs and revenue goes to infinity....

Laugher (spelling is correct in context) curve.

Promises were made because that's what politicians do? You can change tax policy overnight but it can take years, sometimes decades for business operations to relocate, which is why I linked charts that showed data over at least a 5 year period. The current blips that have you singing in the rain statically mean nothing.