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Tue Mar 20, 2018, 10:40 AM

Oklahoma going broke as fast as Kansas due to tinkle down economics..........

Same BS as was done in Kansas in 2013,give the fat cats a low tax rate--or ZERO as it was in Kansas and the economy will BOOM. BULLSHIT,it never works--never has,never will.

"I'm not scared to say it, because I love Oklahoma, and we are dying," said Republican state Rep. Leslie Osborn. "I truly believe the situation is dire." Oklahoma's woes offer the ultimate cautionary tale for other states considering trickle-down economic reforms. The outlook is so grim that some Republicans are willing to consider the ultimate heresy: raising taxes to fund education and health care, an idea that was once the exclusive province of Democrats.

"Without new recurring revenue, we can't fix these problems," said Osborn, who was ousted as chairwoman of the powerful House Appropriations and Budget committee for her outspoken support of tax increases.

The crisis has also placed the oil and gas industry, a sacred cow in Oklahoma, in an awkward spot since it sought the huge tax cut that is one of the biggest factors in the budget mess.

Gov. Mary Fallin and GOP leaders have been unable to reverse course because of a constitutional quirk that says any tax increase needs a three-fourth's majority vote of the Legislature. Despite broad GOP support for tax hikes, a small number of fiercely anti-tax Republicans have joined with the minority Democrats to derail attempts to raise revenue. Democrats complain that most of the tax plans unfairly target the poor.

http://www.kansas.com/news/business/article205497199.html

46 replies, 2441 views

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Reply Oklahoma going broke as fast as Kansas due to tinkle down economics.......... (Original post)
Bengus81 Mar 2018 OP
Turbineguy Mar 2018 #1
Bengus81 Mar 2018 #7
ProfessorGAC Mar 2018 #46
Scurrilous Mar 2018 #2
RKP5637 Mar 2018 #3
Hortensis Mar 2018 #16
RKP5637 Mar 2018 #23
mreilly Mar 2018 #4
marybourg Mar 2018 #5
JHB Mar 2018 #12
marybourg Mar 2018 #18
CrispyQ Mar 2018 #6
Bradshaw3 Mar 2018 #8
marybourg Mar 2018 #19
Bradshaw3 Mar 2018 #32
marybourg Mar 2018 #37
StevieM Mar 2018 #28
Bradshaw3 Mar 2018 #31
StevieM Mar 2018 #33
StevieM Mar 2018 #34
Bradshaw3 Mar 2018 #35
Cha Mar 2018 #45
MuseRider Mar 2018 #9
hfojvt Mar 2018 #13
Bengus81 Mar 2018 #17
MuseRider Mar 2018 #21
Bengus81 Mar 2018 #24
StevieM Mar 2018 #29
MuseRider Mar 2018 #30
SharonClark Mar 2018 #10
Poiuyt Mar 2018 #11
Hortensis Mar 2018 #14
gratuitous Mar 2018 #15
Grammy23 Mar 2018 #20
Hermit-The-Prog Mar 2018 #27
Mariana Mar 2018 #39
Gothmog Mar 2018 #22
Major Nikon Mar 2018 #25
TheBlackAdder Mar 2018 #26
NCTraveler Mar 2018 #36
KY_EnviroGuy Mar 2018 #44
Behind the Aegis Mar 2018 #38
uponit7771 Mar 2018 #40
betsuni Mar 2018 #42
DFW Mar 2018 #41
betsuni Mar 2018 #43

Response to Bengus81 (Original post)

Tue Mar 20, 2018, 10:43 AM

1. No worries

Larry Kudlow will fix it.

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Response to Turbineguy (Reply #1)

Tue Mar 20, 2018, 10:58 AM

7. LOL...Donnie should have hired Cramer,at least he has a sense of humor..........nt

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Response to Turbineguy (Reply #1)

Wed Mar 21, 2018, 08:03 AM

46. LOL! He Couldn't Unplug A Toilet

I feel like a birther with that guy. I want to see his diploma, i want to see his textbooks, his notebooks, his work history in detail and see if; a) he's ever actually done any work, and b) if he's ever been right about anything.

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 10:44 AM

2. Alas...

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 10:45 AM

3. So many stupid and greedy people in this country. Freedom and equal opportunity, and the

American Dream. What a F'en joke.

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Response to RKP5637 (Reply #3)

Tue Mar 20, 2018, 11:43 AM

16. Now come on. Whatever propaganda's gotten to you

sounds like it's winning. Which means the very people you're angry at are winning their battle to make you surrender to hopelessness. We now know definitively that we don't have to go looking for messages that target our weaknesses, they're sent right to each of us.

So please try to buck up. We have to live with ourselves, after all, and if 2016 taught us anything it should be that we can't depend on other voters to save us from malignant forces by themselves.

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Response to Hortensis (Reply #16)

Tue Mar 20, 2018, 12:57 PM

23. Excellent point!!! n/t

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 10:45 AM

4. I guarantee their response...

 

.... will be that welfare recipients and illegal immigrants are sucking the state dry, so ALL social services should be eliminated.

No, the problem could never ever be tax cuts. Never. NEVER. NEVER!!!!!

(and never mind the data showing tax cuts have never helped boost the economy on a long-term basis).

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 10:47 AM

5. Constitutional quirk?

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Response to marybourg (Reply #5)

Tue Mar 20, 2018, 11:27 AM

12. Yeah, that line was a hoot

Like the Great Wall of China was just a quirk of the terrain.

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Response to JHB (Reply #12)

Tue Mar 20, 2018, 11:52 AM

18. Excellent analogy.

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 10:56 AM

6. This is what happens when you build an economy for the few instead of an economy for everyone.

Stupid shits. I hate republicans. Fuck 'em all.

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 11:04 AM

8. I grew up in Oklahoma and it is sad to see

It gained statehood in 1907 and had many populist/progressive era reforms such as a corporation commission built into its constitution and laws.

It also produced some great progressive politicans like Fred Harris and Mike Synar (first pol to come out strong against the tobacco industry long before others).

Of course the oil and gas industry and the RW religious repubs took over beginning in the eighties and it's been downhill ever since.

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Response to Bradshaw3 (Reply #8)

Tue Mar 20, 2018, 11:53 AM

19. Some of the nicest people I meet in AZ

come from OK.

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Response to marybourg (Reply #19)

Tue Mar 20, 2018, 08:50 PM

32. I too live in AZ

Maybe we'll meet someday.

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Response to Bradshaw3 (Reply #32)

Tue Mar 20, 2018, 09:30 PM

37. We can meet in the AZ Group.

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Response to Bradshaw3 (Reply #8)

Tue Mar 20, 2018, 03:00 PM

28. I remember Mike Synar. He was awesome. (eom)

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Response to StevieM (Reply #28)

Tue Mar 20, 2018, 08:48 PM

31. Won the JFK Profiles in Courage Award

Just a decent, honest guy who stood up for what was right. What a shame he died so young.

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Response to Bradshaw3 (Reply #31)

Tue Mar 20, 2018, 08:54 PM

33. I still remember reading the New York Times the day after he was defeated in a primary in 1994.

I remember him saying: "I'm 44. My life isn't exactly over."

He died less than a year and a half later.

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Response to Bradshaw3 (Reply #31)

Tue Mar 20, 2018, 09:00 PM

34. Here is an article written about him at the time of his death.

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Response to StevieM (Reply #34)

Tue Mar 20, 2018, 09:08 PM

35. Thanks for posting

That was a great read and brought back a lot of memories. The part about the NRA hating him certainly is relevant today and says a lot about someone who came from a farm in eastern Oklahoma.

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Response to StevieM (Reply #34)

Wed Mar 21, 2018, 06:51 AM

45. That is so sad..

Mahalo Stevie

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 11:15 AM

9. Larry Kudlow, along with Laffer, was one of the creeps

that worked with Brownback to break my state. Why are others repeating this? Just look at us. OK, I know but still. Get ready USA, this is the plan for all of us.

Oklahoma, I hope that the fact that your state at least has some Republicans willing to consider raising taxes saves you from this. We had Charles Koch sitting in on our votes so even if we did have a few it was never going to happen. Hopefully, even though Charles lives closer to you than to Topeka, he will stay away.

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Response to MuseRider (Reply #9)

Tue Mar 20, 2018, 11:29 AM

13. are we really broke?

Also we have had three tax increases in Kansas since Brownback. As I remember it, the original roadmap to hell involved getting rid of the income tax and replacing it with regressive sales taxes. The Republican legislature though, mostly did not go along with sales tax increases, and Brownback never really pushed them either.

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Response to hfojvt (Reply #13)

Tue Mar 20, 2018, 11:46 AM

17. In Kansas we've had two sales tax increases since 2013.....

That's how Brokeback and his NEO CONS in the Legislature figured they could make up for those 0% tax rates for Corporations. When that didn't work they started GUTTING everything they could get their hands on--schools,KDOT. I remember in early 2017 KDOT cancelled bids on at least 24 State road projects,no sense in getting a bid on work that could be years away. We have a budget shortfall of about 900 million.

Those 0% cuts have now been reversed to the tax rates in 2013 but it will take YEARS to undo what Brownback and his cronies did with his State version of trickle down.

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Response to Bengus81 (Reply #17)

Tue Mar 20, 2018, 11:55 AM

21. YEARS exactly

and that is if we can elect enough people to override those who still think we did not give Brownback's plan enough time (or lose the voters who bought into that).

Small start but I do not trust this state, not anymore. Common sense is lacking all over.

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Response to MuseRider (Reply #21)

Tue Mar 20, 2018, 01:21 PM

24. If Colyer gets elected Gov.......

I think he'll reinstate those 0% tax cuts as fast as possible. We can't survive another Republican Gov which like Trump gives all the power to him and their party.

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Response to Bengus81 (Reply #24)

Tue Mar 20, 2018, 03:03 PM

29. Kris Kobach is even scarier. (eom)

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Response to Bengus81 (Reply #24)

Tue Mar 20, 2018, 03:25 PM

30. Agreed.

I think most all of the Republican Governor candidates would do the same? I think Kobach would and yes Colyer will. I wish I had enough faith that this electorate would actually pay enough attention to get enough information to not elect one of them. I lost that faith some time ago. The last time I had it was when they turned on Shellenbarger. That was a big lift for this state. Ever since I have lost it.

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 11:18 AM

10. Iowa is next.

The repug legislature has gone full-Kansas.

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 11:19 AM

11. How the republicans can keep pulling this off is beyond me

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 11:31 AM

14. "I love Oklahoma, and we are dying," a Repub state rep.

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 11:41 AM

15. The ultimate cautionary tale? Hardly

There will be more cautionary tales, and Republicans in Kansas and Oklahoma and whichever luckless state is next will stubbornly refuse to learn anything.

Perhaps the Democrats in Oklahoma could make an issue out of this? Are there any conservative Oklahomans who send their kids to public schools, or drive on the roads, or are otherwise served by the state?

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 11:55 AM

20. When are the saps going to stop falling for the idea that you can do more with less?

As a simple illustration consider what happens to your own finances when the income drops. Your job of paying bills and taking care of necessities becomes harder. In some cases, some things may have to go. Cable TV, newspaper and magazine subscriptions, eating out may have to be curbed. You may even be late in paying some bills. Frills go by the wayside. You only have a few choices. Cut expenses or increase income.

These are simple lessons that you do not need a degree in economics to understand. But the rubes in the sticks and the gullible in the cities believe the fiction that you can run the government with less revenue and yet still have all the bells and whistles. Nope. It does not work that way. Never has. Never will. You'd Have thought they’d have figured that one out by now...all by themselves.

And the shysters in DC and the state governments can keep peddling their nonsense like it is a new concept that will allow us to spin straw into gold. Now there’s a fairy tale for you.

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Response to Grammy23 (Reply #20)

Tue Mar 20, 2018, 02:57 PM

27. rich parasites

It seems to come down to, "I've got mine; you don't count".

From the article:

"I don't buy the dialogue that just raising taxes is the right thing to do, because I don't think the government knows how to spend money better than us," said Stitt, the founder of a mortgage company who is making his first run for public office.


Either he's an idiot, or he's just trying to con everyone else. It's not a matter of who spends money better. Government spending is supposed to be for the governed -- the whole. Individuals, including companies, spend for self. (Charities are fine exceptions but have been proven by history to be insufficient, else we would have a national defense supported solely by charitable contributions).

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Response to Grammy23 (Reply #20)

Wed Mar 21, 2018, 12:43 AM

39. They've been told thousands of times

on Fox News and RW radio that lower tax rates always lead to higher revenue. They really believe it.

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 12:01 PM

22. Trickle down economics do not work

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 01:40 PM

25. Another Banana Republican shithole made possible by the failed Horse and Sparrow theory

The only thing that's remarkable about it is how easy it is to convince "conservative" voters to screw themselves so the rich can get richer.

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 01:46 PM

26. That's probably the real reason Blue states are being taxed more--to bail these fuckers out!

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Response to Bengus81 (Original post)

Tue Mar 20, 2018, 09:22 PM

36. There are some things that simply must be communal.

 

Without a body overseeing communities, with the ability to provide those communal needs, communities will be seriously impacted. Telling the most wealthy in a community that their burden isn’t greater, as ther rewards from these needs being cared for are greater, is a proven recipe for failure.

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Response to NCTraveler (Reply #36)

Wed Mar 21, 2018, 06:35 AM

44. Therein lies the problem.

Republicans are top-down tribal, as opposed to non-authoritative communal.

They should all be deported to the middle East where tribal is the way, LOL.


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Response to Bengus81 (Original post)

Wed Mar 21, 2018, 12:26 AM

38. Can't post the picture, but...

http://www.tulsaworld.com/opinion/bruceplante/bruce-plante-cartoon-who-is-responsible-oklahoma/article_1ded8459-ff42-5ac3-ba85-36454273307c.html

Sums it up. People are pissed off, many are the ones being affected by cutbacks, layoffs, and other mishegoss, are the very same people who put the assholes responsible for the problems in office and keep putting them back; they have no one to blame but themselves.

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Response to Bengus81 (Original post)

Wed Mar 21, 2018, 02:44 AM

40. Thoughts and prayers

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Response to uponit7771 (Reply #40)

Wed Mar 21, 2018, 05:36 AM

42. Good one.

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Response to Bengus81 (Original post)

Wed Mar 21, 2018, 04:21 AM

41. While I hate for the people of a state to suffer like OK and KS are/will

It is high time that people see in no uncertain terms what it means to let Republicans and their nut-case policies and theories, all of of which have been proven not work many times in the past, have the run of the place.

When the last "libbrul" has been chased out of there, at SOME point their voters will realize who is to blame for their mess. How stupid of them to refuse to believe it until no one was left but the man (or woman) in the mirror.

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Response to Bengus81 (Original post)

Wed Mar 21, 2018, 05:37 AM

43. I like "tinkle down" better than "trickle down."

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