The ongoing mantra of the Republican Party is that reducing taxes on the wealthy, reducing government expenditures results in a fantastic economic boom and an incredible rise in good paying jobs for all Americans. Governor Sam Brownback in the great state of Kansas has experimented with those supposedly sound economic concepts. The result is a growing state debt that has risen to over one billion dollars, declining government services for people, and -believe it or not– declining jobs for people! The great Brownback “experiment in economics”has failed. Moddy’s has dramatically reduced the credit rating of the state of Kansas because even economists do not believe the concept that reducing income results in more money and more jobs.
Just about every Republican running for a state office is currently trailing his Democratic rival. Every poll indicates that people in Kansas do not believe they are enjoying good times. They are worried sick about a declining economy, lack of money for schools, lack of money for those seeking health care, and lack of trust in the great Brownback “economic experiment.” Just imagine if Mitt Romney had become President and tried out this economic theory upon the American people?