Friday, September 29, 2017

No Voo Doo For Wilmington

When a new Wilmington city council and administratWilmingtonnstalled in 2016 the "no new taxes" mantra of their predecessors was examined and put to sleep. The city's infrastructure, mainly streets, had been deteriorating for years and city government had been kicking the repair can down those streets for several years in fear that the voters would through them out if they even hinted at the need for increased revenue. The voters were even denied the opportunity to speak for themselves on the tax issue.
When given the chance by the present government the voters spoke and opted for the necessary revenue needed to fix the streets and provide essential services.
The recent federal and state governments could take a lesson from our fair city. What have they done to fix their infrastructure, revenue and deficit problems? The state cut revenue under the illusion that lower taxes would increase commercial activity and actually increase total tax revenue.
The tactic known as trickle down or supply side economics failed and the state budget is the worse for it.
The deficit and debt burdened federal government is about to walk down a similar path of cutting revenue to increase revenue. Yes really!
Providing essential services to the citizens costs money and must be paid for somehow.
Hey up there! Take a cue from the shining city of Wimington as you contemplate our future. A well explained, fair and limited tax increase will be accepted by the voters. Trust them.
A couple of examples of supply myth busting
Paul Hunter
Reagan was inaugurated in January 1981, so the first fiscal year he budgeted was 1982 and the final year was 1989. During Reagan's presidency, the national debtgrew from $997 billion to $2.85 trillion. ... Federal revenues averaged 17.5% GDP from 1982–89, versus the 1974–81 average of 17.8% GDP.

Reagan Deficits and Debt Ceilings


Reagan was in Office from Jan, 21 1981 until Jan 20, 1989. The deficit at the end 1981 was $78 billion dollars.  His last budget deficit was $152 billion dollars. So during his term he had a net increase of only double, not triple.  the deficit under Reagan reached $207 billion in 1983, two years after Reagan passed the Economic Recovery Tax Act of 1981 [3] which reduced taxes, effectively reducing tax revenue. It turned out to be too much loss of revenue, combined with increased spending, so in 1982 the Tax Equity and Fiscal Responsibility Act of 1982 [4] rescinded some of those cuts, and a few more laws in following years helped bring in more revenue, but with increased spending, decreased the budget deficit back to the $152 billion in 1989. Revenue doubled in Reagan’s 8 years, but so did spending, which in turn caused the doubling of the deficit. [5

Friday, September 22, 2017

False Heroes

Robert E. Lee was a hero to the slave owning community and abhorrent to the slaves in bondage.
Adolph Hitler was a hero to the fascist community and abhorrent to the Jewish population. 
Each is guilty of sending thousands of young citizens to their pointless deaths in the last stages of a lost war.
A true historical monument would depict their heinous acts.

Wednesday, September 20, 2017

Gun Makers and Sellers Strike Again

Gun lobby money must be pouring into the pockets of our Ohio state legislators. Those same representatives are proposing a bill that would practically eliminate the the penalty for conceal carry permit holders, when lawfully detained, not alerting a police officer that they are armed, Why? Downside, possible injury and death to both parties. Upside, NRA gets to flex its legislative muscles and grow its brand.
In the meantime the Ohio Senate is toying with legislation that could bring a Tayvon Martin case to our state.

Paul Hunter  

Sunday, September 17, 2017

Cut revenue to balance budget

Trickle up, trickle down: Mr. and Mrs. Grover Norquist's conversation: Husband says, "honey we don't make enough money to operate our household and save for retirement". Wife replies, "maybe if I quit my job the problem will be solved. Then my boss will have more money and he might share it with us.". 
Translation: Budget out of balance? Cut revenue, that's the ticket.
Paul Hunter

Friday, September 15, 2017

It's Not A 2nd Amendment Issue

From the internet:

the NRA has now come out against bills requiring parents to lock their guns up in a safe,
The NRA does not oppose new technological developments in firearms," the group writes on its website. "We are opposed to government mandates that require the use of expensive, unreliable features, such as grips that would read your fingerprints before the gun will fire."
Almost as soon as smart gun technology was introduced, the National Rifle Association (NRA) moved in quickly with a dissenting voice. In fact, in 2000, the NRA nearly boycotted Smith &Wesson into ruin for developing a smart gun.

9/17 Boy, 3, dies from accidental shooting in Madison Township

8/17Accidental shooting death of 2-year-old boy 'tragic'
9/17 North Texas Boy, 9, Killed in Apparent Accidental Shooting
And on and on and on

Wednesday, September 13, 2017

Wages Dichotomy

Wages Dichotomy
Addendum:  No degree? No experience?
No problem.
With employers struggling to find workers in an ever-tightening labor market, many are hiring job candidates for both white- and blue-collar jobs who lack skills or experience deemed essential just a few years ago.         
I find it interesting that most people that support right to work laws, oppose prevailing wage policies for public construction projects and the formation of public unions are also anti immigrant worker.
After all unions drive up wages and the cost of products and services. On the other hand immigrant labor is seldom if ever organized and their low wages reduce the cost of those same products and services. In effect, by reducing costs our standard of living is enhanced.
In any case we have a shortage of native workers so costs, are going to rise in any case if we chase away the only source of available new labor. Who is going to support the retirement of the current worker?

From the web:
The construction industry, led by the Associated General Contractors of America and the National Association of Home Builders, opposes any national policy that would deport vast numbers of illegal immigrants, saying they help alleviate a chronic shortage of workers.

LABOR GETTING SCARCE: “Labor is getting very scarce. We have actually turned a few jobs away because labor is unavailable,” said Johnny Yates, vice president at Rampart Construction in Dallas.

A high-end home builder who supported President Donald Trump last year, Brown said the president’s immigration policies have dried up the already stretched supply of Hispanic-dominated framing labor. That has driven up home prices by slowing the supply of new houses as well as raising the cost of building them. A 3,000-square-foot house that cost $9,750 to frame even late last year now costs $18,000, he said, while last year’s six-month supply of homes in the construction pipeline is down by half. And that’s even before Trump pursues promised trade rule changes that could drive up other home building costs.

Paul Hunter

Wednesday, September 6, 2017

Blood and Treasure Gone For Naught

Afghanistan is not a domino and we should have learned from Russia not to play the game. Surgical removal of a specific threat was a valid mission, nation building is not.