Showing posts with label Budget Reform. Show all posts
Showing posts with label Budget Reform. Show all posts

Riane Eisler
AMERICAN FORUM


By Riane Eisler and Rene Redwood

A financial debt can be paid back. But the debt we’ll owe our children if investments in health, nutrition and education are slashed is irreparable. Investment in human infrastructure – providing the human capacity development for optimal economic productivity and innovation through both government and business investments – is essential for success in the post-industrial economy, and this should be our policymakers’ guiding economic principle.

Rene Redwood
It’s up to us to ask the hard questions: Why are we being told we can’t raise taxes on the rich, but must cut wages for teachers, nurses, child-care workers and others on whom our future depends? There is no evidence that lower taxes on corporations and millionaires “raise all boats,” or that massive cuts in social services have ever helped people in developing nations rise from poverty. The opposite is true. It is countries like Canada, Sweden, New Zealand and Finland that have made commitments to caring for future generations that have risen from poverty to prosperity. And today nations such as Brazil, South Korea, and other “emerging advanced economies” are heavily investing in their people.

Why are we told that cutting social programs is the road to prosperity, when our past prosperity was the result of the very opposite?


Click here to read the full article. 

TEXAS LONE STAR FORUM

By Scott Chase

As a small business owner, I am worried our Legislature is going to make unnecessary and deep cuts to public services that local businesses and all Texans need. Yes, our state has a revenue shortfall, but we also have choices about how deal with the shortfall. We can take a balanced approach that uses our Rainy Day Fund.

My fellow business owners in the Oak Cliff Chamber of Commerce are concerned about unnecessary cuts too. Our chamber includes over 600 small business owners in the Dallas area. We were the first local chamber in Texas to call for the State Legislature to use the Rainy Day Fund to help balance the budget instead of the irresponsible “cuts-only” approach that the Legislature is considering.

The cuts-only approach of the Legislature is wrong for many reasons. All businesses, but particularly small businesses, such as the members of the Oak Cliff Chamber, know that spending on education, health care, roads and bridges, job training and the environment is an investment in the economic future of Texas. This investment will result in a more educated, healthier workforce and a modernized infrastructure. The large cuts in these areas being presented by reckless legislators will lead to a less competitive business climate in Texas, lower wage jobs and economic stagnation.


Click here to read the full article. 

TEXAS LONE STAR FORUM

By F. Scott McCown

Maybe you’ve heard that our state is short of money because of the recession. Perhaps you think the state can just cut spending or that the problem doesn’t affect you. Well think again.

Our state isn’t just a little short of money. Merely to maintain critical public services, at their current levels, costs at least $27 billion more than we have. In other words, we only have three-fourths of the money we need.

If you try to fill this big of a hole with only cuts in spending, you cut into the state’s muscle and bone.


Click here to read the full article.

Friday, November 12, 2010

We Didn't Vote for This

AMERICAN FORUM

By Frank Knapp

Whether Americans voted for Republicans or Democrats in the mid-term election, one thing is clear: Voters were demanding that Congress focus intensively on job creation on Main Street -- not lobbyists and campaign donors from big business and Wall Street.

Apparently, many in Congress and President Obama, if recent reports are true, either didn't get the message or simply don't care now that the voting is over.

The top legislative priority of the newly "Tea Party-empowered" during the lame duck session is hardly what Tea Party insurgents had in mind. The proposal is to (1) increase the national debt by borrowing $700 billion to $1 trillion over the next 10 years; (2) spend the money on big, non-job producing tax cuts for the wealthiest 2 percent of Americans; (3) use small business as the excuse.


Click here to read the full article. 



OHIO FORUM
By State Representatives Mike Foley and Bob Hagan

Ohio is a great, messy, complicated state. We are conservative and liberal, libertarian and socialist. We likewise have a whole bunch of moderates except for the host of issues on which they swing to the left or right. In the partisan parlance of the day, Ohio is a purple state. In a word, we are normal.

We have some real structural economic problems now, however. Problems we can only solve if we rebalance our politics and take some progressive economic actions.

First and foremost, we must deal with our budget or lack thereof. Since 2005, when Ohio enacted a dramatic tax cut, our economy has been headed for the train wreck where it ended up this year.

While Gov. Strickland should be commended for seeking a moderate solution, his hands are somewhat tied by the legislature in which we serve. Ohio needs a bold, progressive solution. In the past few years, all Ohioans have seen a dramatic reduction in the taxes people and corporations pay. This may seem popular, but these tax cuts have not only wrought enormous, unnecessary challenges; they have failed to produce any of the economic results which led to their original implementation.

The argument for these dramatic tax cuts was that it would stimulate Ohio’s economy; it did not. Rather, Ohio’s economy sank further, well before the current national economic troubles. In fact, were it not for the national crisis, Ohio would be in much bigger trouble than it currently is, thanks to federal “stimulus” funds.

Click Here to Read Full Op-ed

COLORADO EDITORIAL FORUM

By Matt Sundeen

There's a story going around that's so scary it ought to be told only in a whisper:

If Colorado tries to untangle the conflicts in its budget, it will end up like...California.

No self-respecting state would want that. The massive budget cuts, the IOUs, the celebrity governor autographing government-surplus sale items...yikes! Just the thought makes your blood curdle.

The "change makes us California" story is intended to scare us, but like many good tales, it's blatantly untrue. Budget reforms will not transform us into the Golden State. Almost the opposite is true. In many ways, Colorado is already like California, and if we don't change, more California-type problems are likely.

Opponents of budget reform have peddled the Colorado-to-California scare tactic for years. This summer, the Independence Institute's Barry Poulson repeated it to Colorado's Long-term Fiscal Stability Commission. Speaking about Colorado's ongoing reform efforts, Poulson warned that "if these trends continue, the outcome in Colorado will be similar to that in California."

Click here to read the full Op-ed