2016 Postmortem
Related: About this forumTrump’s economic team is loaded with the same Tea Party cranks who destroyed Kansas’s economy
By now, we all know that Governor Sam Brownbacks Tea Party experiment in Kansas has been an abject failure.
Actually, scratch that: There is someone who still thinks Brownbacks Kansas disaster has been a smashing success, and he happens to be a Heritage Foundation economist who is one of Donald Trumps top economic advisers.
As the Center on Budget and Policy Priorities documents, top Trump economics adviser Stephen Moore has been instrumental in pushing Brownback to implement budget-busting tax cuts that have perpetually crippled his states finances.
Even more damning, Moore has been completely oblivious to this reality and has continued to insist that the Brownback tax cuts are working exactly as advertised. First, the CBPP outlines the case that Brownbacks tax cuts have been a fiscal calamity for the state that also havent spurred a promised economic growth explosion.
Among other things, total employment in Kansas has risen only 2.4 percent, compared to 6.5 percent nationally since the tax cuts went into effect. Additionally, the states economy has grown less than half as fast as the national economy; Kansas gross domestic product (GDP) grew 4.3 percent from the end of 2012 through the end of 2015, while national GDP rose 11.5 percent.
-snip-
http://www.rawstory.com/2016/08/trumps-economic-team-is-loaded-with-the-same-tea-party-cranks-who-destroyed-kansas-economy/
MattP
(3,304 posts)To take the Kansas disaster national would be
EricMaundry
(1,619 posts)... to vote against their own interests. And for his, of course.
It is all he has ever cared about.