Showing posts with label right-wing. Show all posts
Showing posts with label right-wing. Show all posts

Thursday, October 10, 2013

Business Tax Climate Bull

The Tax Foundation reported Wisconsin dipped to 43rd, among the 50 states, in its business tax climate ranking.
The Tax Foundation said Wednesday that the state's rating is likely higher than its analysis originally showed. 
"We received some feedback from reporters and legislators about Wisconsin's place in the index, and would like to make some clarifications about the state's ranking this year," the foundation said in a statement late Wednesday afternoon. It had released its index on Wednesday morning... 
State Rep. Dale Kooyenga (R-Brookfield) raised concerns about the ranking when it was released, arguing that with the tax law changes, there is no way the state's tax climate for business worsened.
Last year Wisconsin ranked 42nd. This year's revised ranking is 40th.
The top 10 states in 2014 are Wyoming, South Dakota, Nevada, Alaska, Florida, Washington, Montana, New Hampshire, Utah and Indiana.
Not really a murderers' row of dynamic economies. Plus, these 10 states only account for 13.6% of the United States population.

Matthew Yglesias looked at the correlation between employment, business friendly tax codes, and wages. 
There is a weak negative correlation between business friendly tax codes and wages. 
And a weak positive correlation between business friendly tax codes and employment-to-population ratio. 
In sum, it's a nothingburger. I note that this would confirm the results of a useful Thumbtack survey which found that licensing policies drive business-friendliness but taxes don't.
Scott Walker is a Republican hopeful for the 2016 presidential election (not to mention he also has to run for governor in 2014). The party can't allow one of their poster boys to have a record (yet again) demonstrating the failure of supply-side, trickle-down, tax-cutting, deregulatory policies.

To the conservative echo chamber. All hands on deck. Republicans need to make sure their water carriers look good in the media. They do this by making sure all the editorials, reports, and talk show appearances regurgitate the same manufactured storyline - cutting taxes and deregulation work. 

Enter the Tax Foundation. A right-wing, anti-tax, anti-regulation interest group masquerading as an unbiased think tank. Of its founders, two were General Motors executives, one was president of the Standard Oil Company. Funny how the policies the Tax Foundation support also happen to benefit the businesses of it's founders.

Thus, when bad news slips out, to the backtrack machine. Oops. Scott Walker is actually improving things. He's been such a lightning bolt, Wisconsin's business climate moved two whole spots! 

Business climate rankings have been found to be meaningless. The money and time involved in producing and propagandizing such could actually be put to productive use. 

Lastly, why are "business-friendly tax codes" a good thing? Corporate profits are at an all-time high, yet wages continue to stagnate. How much more business-friendly do we need to be? Where's the worker-friendly policy rankings?

For Further Reading:

Tuesday, August 20, 2013

Midweek Reading

Concept Of "Limited Government" Is Right-Wing Bunk
Move To Ghost Job & Back Gives Capitol Police Chief Big Raise
Chief Dave Erwin — who has overseen a crackdown on Walker protesters at the statehouse — received an overall salary hike of 11.7%, to $111,067 a year, the same rate as his predecessor. That amounts to an $11,680 annual raise... 
Walker officials took similar steps to skirt civil service salary limits for Deputy Police Chief Dan Blackdeer. His pay jumped by 14.6%, to $96,048, on June 16.
Why Pot Makes You Feel Good
A Texan Tragedy: Ample Oil, No Water
Social Security A Model For Washington Budgetmaking
How The State Borrowed A Billion Dollars To "Cut" Your Taxes
Billion Dollar Blunder
Five Facts About Household Debt In The United States

Tuesday, March 22, 2011

It's The Teachers' Fault...

that Wisconsin students are performing so well.

Wisconsin's teachers are successful. The anti-union, right-wing, pro-business crowd always talks about rewarding success or, as they phrase it, "Not punishing success."

Shouldn't they be defending teacher compensation as a rightful outcome of the teachers' success?


Sunday, October 10, 2010

Operating Instructions

A few falsely-framed and dubious issues in this election cycle (and something I've noticed as more prevalent over the last decade or so of elections) seem to have taken hold.

Ronald Reagan told us government is the problem. Bill Clinton said the era of big government was over. George W. Bush drove government into the ditch. An increasingly popular theme running through all these administrations: the public sector is The Problem, it should operate more like a private sector business [the perfection of the market and its omnipotence is implied], and the primary goal is job creation [although they're more concerned with price stability than full employment].

We have slowly morphed from the idea of government as a floor. A basic, humane foundation upon which we all try to make our own and others lives better. The public sector would give us clean water, make our workplaces safe, build roads, make the trains run on time, police our streets, put out our fires, etc. All these rudimentary and basic tasks, which our society needs to exist, have been diminished. Suddenly, these tasks were secondary, unimportant. Government needed to start subsidizing development, provide low-interest loans to the private sector, and build the infrastructure for private business. Government became the junior partner of the private sector.

Now we have the Ron Johnsons of the world running as "manufacturers" and "accountants." He bemoans lawyers in the Senate and mocks them as know-nothings. Does he realize that the Senate is a legislative body? They make laws. This actually sounds like the appropriate position for someone educated in the law. And...What the hell does an accountant know about airports, road building, water and sewage systems, etc.? How, by merely smearing someone else, does one become more qualified?

These purveyors of all things private proclaim the often-repeated mantra about running a lean government, just like a business. But, the thing is, government is not a business! Plus, in case people haven't noticed, over the past few decades, we have been continually subsidizing and bailing-out the private sector every few years. Including finance, banking, manufacturing, farming, information technology, medicine, construction, real estate, yeah, pretty much everything!

The right-wing has been snarling about cutting spending, shrinking government size, lowering taxes, etc. These are all red herrings. Every metric, measure, or indicator examined regarding the Republican platform has been an utter failure. Yet, for some reason, each election cycle they declare they're going to cut taxes, shrink government, and make our lives lovely. And, they're going to do it by operating the government like business.

They have failed every time. Yet, voters are still fooled by their snake oil.

Stop telling me what a great businessman you are! Stop telling me about all these jobs you're going to grow!! Stop telling me how you're going to manage the government like a business!!!

Run government like government.

People, this emperor has no clothes. Can we please drop this and start having a rational, adult discussion about the proper and necessary role of Government?

Saturday, November 7, 2009

Lies, Lies, Lies

As is their wont, the right-wing is energetically espousing revisionist and false views, and accomplishing their objective of having these lies envelop and permeate public discourse, thereby, sadly, steering the debate.

Complaints regarding President Obama's employment numbers are simply petty, bitter, and nothing less than an attempt to besmirch the President and score political points.

First, stimulus policies have stabilized what could have been a second Great Depression. And, let's not forget which party was in office the last eight years, not dithering, but actively encouraging the bubble economy by continuing to deregulate, loosening monetary policy, and a completely disregarding any oversight.

Second, to expect the Obama administration to overcome this economic juggernaut of a mess in the ten months they have been in office [some started complaining merely weeks into his first term] is not only mind-boggling, it shows a complete lack of understanding of economics, business cycles, and previous economic downturns and their recoveries.

How many jobs did George Bush create per year while he was in office? 375,00 - the worst total among U.S. presidents. Unemployment increased from 4.2 to 7.2 percent during the Bush reign. This all after inheriting a surplus from the Clinton administration. The fact that Bush pissed that away with giveaways and tax cuts to his cronies didn't help matters.

These facts are never mentioned by the right and their sheep. They pretend Barack Obama created all of these problems since taking office. And, let's not forget, the initial $700 billion bailout was initiated by the outgoing Bush administration.

During an economic recovery, the initial-phase success gauge is "jobs saved." One can not seriously expect some magical initiative to simply revert the economy back to full employment overnight. Or are these cranks advocating a Public Works Program?

The general idea, and hope, is to return to a more stable and sustainable economy. Slowly returning to full employment, with the ability to create steady growth while maintaining less volatility in the market. Thus enabling, again, full employment.

To pretend trillions of dollars, due to the collapsed bubble, in lost wealth can be re-created within a few months is disingenuous and counterproductive to our discourse. These critics have two choices (as I see it): sit back, enjoy unemployment, and wait for the market to correct everything, which could take a while; or, allow the government to create public jobs (repairing infrastructure, etc.) and spend on needed policies and programs to make up the difference now.

Wednesday, July 22, 2009

Media-created Misinformation

Why do networks present Liz Cheney's opinion? Because she's the daughter of Dick Cheney? It seems the more illogical, nasty, and delusional the Republicans get, the more the media presents their opinions as viable.

The Republican party should be the laughingstock of anyone whom overhears their irrational suggestions. They call Obama a communist, they feel Sarah Palin is on par with FDR, the want to do nothing to fix health care, they would like to see more programs cut (especially Medicare and Social Security), they are against increasing the minimum wage, the stimulus (only months in) is already a failure, and they are against anything that helps everyday workers at the expense of the uber wealthy. They are the antithesis of public servants.

Hopefully this country will get its collective head out of its ass and stop listening to and giving credibility to these cranks on the right.

Sunday, June 21, 2009

The Love Affair

Some, on the right, are trying to solidify the idea that the media has a "love affair" with President Obama. Because this President actually talks to the press, gives speeches, addresses the public...and the media cover it...this is what qualifies as a "love affair." Although, I agree with Bill Maher, Obama is permitting himself to be overexposed, and thus, allowing these silly distractions - the media having a love affair with him - to take hold.

But what about all the misinformation the media allows out there, such as - he's a muslim, he wasn't born in America, he's a socialist, he's a communist, and on and on - how does this fit into the "love affair" meme?

Even Sam Donaldson said "there are a lot of things he should be commended for," on This Week With George Stephanopoulos.

I guess as far as the right is concerned, creating false stories to fill the 24-hour news cycle is better than actually having to develop public policy, like formulating environmental policy, health care reform, constructing new financial regulations, or helping people get back to work.

It's so much easier to just criticize President Obama, and blame the media for reporting on him.