You’d think a group called Americans for Prosperity would be heartened by an indicator of, well, prosperity. But when state revenue collections were $94 million more than estimated for September, the state director of Americans for Prosperity Kansas, Alan Cobb, told Associated Press: “It’s not bad news, but it means that our estimators didn’t do a very good job.”
Posted by Rhonda Holman
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10 Comments
The entire coutry is booming.Kansas is not doing as well as most of the coutry, and that is the true gage of economic success.
States that are doing better than KS are those states that have made a comittment to improved education/training.
So, we are not spending enough on job training and education and that’s why we are losing private sector jobs?
Gimme a break.
Amazing the Eagle Editorial board wants to put so much stock in an increase of $100MM !
Unbelieveable.
So, we are not spending enough on job training and education and that’s why we are losing private sector jobs?
Gimme a break.
Amazing the Eagle Editorial board wants to put so much stock in an increase of $100MM !
Unbelieveable.
Every time I hear a Republican state that the economy is booming I have to look around and say where? Maybe for the corporate executives and stockholders when the companies are sold left and right and then big layoffs come. Other than that, I don’t see where the economy is booming.
But I am thinking of the middle class and we all know that the Republicans don’t like the middle class unless they need our votes to get their greedy butts into office.
Rhonda,
You missed the rest of my quote;
“Any state that has a loss of private-sector jobs doesn’t have a robust economy,” Cobb said. (from the Topeka Capital-Journal)
More than a little context is missing from the blog posting. The story was at least partly about whether our economy is doing well or not.
Generally, it is not. And having estimators miss the mark on tax revenue is not nearly as relevant as job growth.
Growth is government sector jobs is not a good indicator of a healthy economy.
Yes, the Kansas economy (with the possible exception of Johnson County) is not doing well; just look around. However, what ails the Kansas economy will not, in my opinion, be magically fixed by “lower taxes”. Instead, I believe it necessary to look at how we educate our youth; how the state economy, as a whole, is based upon, like it or not, an old manufacturing industry (especially around Wichita), agriculture, and a diminishing oil and gas industry.
I believe there is great potential to become an electric energy exporter (with tapping of wind energy); if the composites thing proves out, a center for cutting edge technology and industry; and, with some gumption and work, a leader in hydorgen technology. Biotech is a dead issue, it seems to me, with the decidedly unfriendly political climate over, inter alia, embryonic stem cell research, the anti-cloning statute, and the lack of a good research infrastructure.
I wish I had the name of the person who said that the key is to find a field where the job must be done locally, and cannot be exported to India or otherwise off-shore, so I could cite to it. I think the speaker had a point; that’s the kind of new commercial activity we need in Kansas.
Whether we like it or not, taxes do matter.
Capital goes where it is well treated.
The economy is booming? Perhaps that is seen by the decreased wages despite higher productivity. If we ask who the economy is “booming” for and who it isn’t we’ll get a different result.
The economy is booming for those who receive corporate welfare from Bush’s grossly expanded budget and massive deficit spending. The economy is booming for the oil companies that for years gouged the American consumer and were protected by the Republican congress from investigation into these charges. The economy is booming for the rich who benefited from massive tax cuts.
The economy is not booming for everyone else, which is probably over 90% of the population.