Saturday, July 12, 2014

MUST SEE!!! REX SINQUEFIELD SEYZ MISSOURI STAYS LOSING TO KANSAS!!!



Check this bit of BORDER WAR economic date testimony from a Missouri billionaire . . .

Rex Sinquefield writes in Forbes: Boosted By Tax Cuts, Kansas Routs Missouri

Relevant passages . . .

"Reckless claims, proffered by high-tax, big government devotees, that Kansas’ 2012 tax reform measures have already failed based on recent reduced revenue reports, are not as thoughtful or well-informed nor are they reliable. To begin, forecasting month-by-month tax receipts is a distraction from the larger picture. When one looks at the data, over the long run, states with no income taxes are way ahead of the highest tax states across all relevant indicators.

"A more accurate early analysis of the results of Kansas’ new tax cuts is found in comparing how the state is currently faring versus its neighbor to the east, Missouri . . ."

Here are the stats Rex touts:

U.S. Bureau of Labor Statistics

- Unemployment rate in Kansas (low and falling) vs. Missouri (above national average and heading in the wrong direction).

- Private employment in Kansas, up 55 thousand since Governor Sam Brownback was elected.

- 2 out of every 3 new jobs in the KC Metro area are being created on the Kansas side.

That last not-so-fun fact speaks volumes about the local economy.

Accordingly . . .

KANSAS CITY PROPER REMAINS IN THE MIDDLE OF THE BORDER WAR AND ON THE LOSING SIDE!!!

The only answer to this dilemma has been the hope that the Kansas economy will implode and faux truce agreements with nobody in particular as the status quo among KCMO politicos persists.

13 Comments:

Anonymous said...

As long as we do not pass right to work and are Democrat control Kansas City will stay losing

Anonymous said...

You cannot keep increasing the taxes on the producers to cover the non-producers, period. Eventually, the producers will take their asses and assets and move to where they can keep more of what they produce and you will be left with non-producers and no way to support them.

Harvey "Crowfoot" Wireman, USMC Korea '51-'53 said...

Wait, let me guess....the "producers" wouldn't have shipped every possible job overseas and would gladly pay a fair tax rate if not for.... OBAMA!!!!!!

Sounds like a sound plan, appeal to the innate sense of fairness and honesty of Corporate America?

What other pearls of sound economic policy are you finding down there around Sean Hannity's nut sack?

Anonymous said...

No country ever boasted a strong economy under high taxation. There rules are not about to change now. When you take away the ability to invest and crunch the amount of disposable income there ain't no money to pass through. That is also why 9.00 an hour jobs do nothing for the economy. They only help the entitlement burden for the government.

spyke1 said...

Pearls and swine.

Anonymous said...

KCMO is doing what Detroit did in the 1980's

Committing economic suicide by rubber stamping tax abatement and other special deals to developers and big businesses. None of which give a shit about the fate of this city as long as they get their payoff quickly before it all comes crashing down.

Anonymous said...

9:09 nails it.

Anonymous said...

All the comments so far are very good and right on the money. The producers do not want to live in Kansas City and send their kids to a crappy school system or watch their homes become part of the ever increasing hood in KC.

Anonymous said...

"2 out of every 3 new jobs created on the Kansas side" is classic Show Me "math". Almost 100% of those jobs are not "created", they have just moved from Missouri. And the ONLY reason why they moved? HISTORIC levels of corporate welfare. The state of Kansas literally has to bribe business to move there, and the ONLY ONES THEY CAN ATTRACT are companies that are alrady in the metro.

Fact check 4 you Show Me shills...

Anonymous said...

Governments don't create jobs.
But local government can help create an environment that's attractive to residents, businesses, and visitors so that investment becomes attractive, more jobs are created, and the local economy grows.
And local governments do that by providing safe communities, good schools, reliable water and sewer services, predictable and moderate taxes, and all the other basic services that form the difference between living in a Thrid World or a First World place.
NONE of which KCMO even tries to do.
Elect some serious people and see what happens.

Anonymous said...

Fuck Rex Sinqufeilg ...he is not from around here

Anonymous said...

Hey, Harvey: You get knocked in the head by a ChiCom mortar over in Korea, or do you simply not understand economics, now that we're 14 years into a new century?

Perhaps you could educate yourself a bit, instead of crawling around in Rachel Maddow's nut sack . . .

Anonymous said...

So how many "new" jobs have showed up in Goodland? Russell? Dodge City? OK, new jobs for english speakers when talkin about Dodge City.
When Sprint moves out of JoCo next year, it will take Sam and his libertarians 25 years to get the jobs headcount back to even. You won't be able to come up enough tax cuts to keep the japs from moving out west!