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Letters to the Editor

Wasted money?

December 23, 2010

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To the editor:

This public letter is just in time. Jan. 10, the new governor will take office. One of his first acts can be to send back to Washington $12.3 million from the federal stimulus funds for a new engineering building at Kansas University.

This was part of the Brownback campaign, that the Obama stimulus plan was a waste. Lucky for us the new governor should have time to send this money back to Washington.

Comments

VTHawk 4 years ago

The "stimulus" was a waste because most of the resources went to 1) fund projects that were going to happen anyway, 2) fund projects which were going to further burden local budgets (like the Ohio "quick" rail that went 37mph and had huge mtc costs), or 3) went to fund overseas projects. Many states have given back the money associated with the second type of project, since they further imperil state budgets. It would be ridiculous for Kansas to return money which was sent to Kansas for a completed project. The money is what it is though: a debt transfer from KS to the USA, not "stimulus".

I didn't like the stimulus at all because the new debt absorbed by the federal government (taxpayers) wasn't used to stimulate new domestic economic activity. It instead just adds to my generation's debt burden (I am 25).

Jimo 3 years, 12 months ago

Seriously, would you refuse emergency room treatment because you'd already run up tens of thousands of credit card debt living an irresponsible and unsustainable high life? I don't know you so I can't tell if you're grossly misinformed or are trying to pull a fast one on the slow kids.

Want to be responsible? Say "hell no" to tax welfare for billionaires.

Man does not live by caviar alone.

Fossick 3 years, 12 months ago

If the author actually believed what he was writing, rather than just making a partisan political point, we might actually be getting somewhere. The federal government taxing or borrowing dollars so they can be distributed to a second government, with which they can be used to build a 'project,' is a wasteful process. Building stuff just for the sake of building* is wasteful.

But it sure makes for good politics.

  • or as the President said, ""[Y]ou get the argument, 'Well, this is not a stimulus bill, this is a spending bill.' What do you think a stimulus is? That's the whole point. No, seriously. That's the point."

cato_the_elder 3 years, 12 months ago

Good comments all. Obama's "stimulus" was a colossal waste. If the bill that Obama signed last Friday had been signed in early 2009, our unemployment rate would have been much lower by now - which, ironically, could have prevented the shellacking the Democrats took in November. As VTHawk says, all that Obama's porkulus has done is add substantially to his generation's debt burden.

Jimo 3 years, 12 months ago

"our unemployment rate would have been much lower by now"

By what economic theory?

Shhhh, everybody. I want to hear this answer.

Oh forget it. We all know there's not a single reputable economist who agrees with the nonsense put forward by cato_the_dense. Not even a single - REPUBLICAN - economist.

cato_the_elder 3 years, 12 months ago

Jimo, Reagan reduced unemployment from 10.8 percent when he took office to 7.4 percent two years later. He did it by cutting taxes and thereby stimulating the private sector. Conversely, over a period of two years Obama and the Democrats have wasted money like drunken sailors on their Porkulus boondoggle while constantly threatening to raise taxes on productive Americans. As a result, virtually no permanent private sector jobs have been created, and unemployment under Obama has risen from 9.6 percent to 9.8 percent. The tax compromise reached last Friday will greatly improve our economy, reduce unemployment substantially, and, sadly, as far as the future welfare of the country is concerned, significantly improve Obama's chances of re-election - which is why he did it.

camper 3 years, 12 months ago

Not sure this is a good comparison. I liked Reagen personally, but he was dealing with a cyclical recession. Our current one has far greater underlying problems that are not so simple (ie a near financial collapse, an undeniable crash of the mortgage industry, not to mention an economy still feeling the lag effects of $4/gallon gas prices, a continued trade imbalance, an increasing shrinkage of mfg, and rising health care costs).

And Reagen did have stimulus via increased military spending which surely did help the economy and reduce unemployment. He was unable to reduce other governmental spending and therefore saw large increases in budget defecits. By the end of his term, the problem of a balooned national debt rally was now on the map, and he conceeded in his final address as one of his regrets (to his credit). Reagen also benefited from more lower fuel prices which in part hampered the Nixon and Carter administration(s).

Not sure you are making a good comarison here. But just several months ago as I heard repeated from my conservative family members, that all of the current available cash stockpiled on the sidelines was there because our "productive memebers of society" were unsure about the potential prospects of a tax increase on income over 250k. Now that it won't happen, it will be interesting to see how quickly the economy rebounds....if they were speaking from sincerity.

cato_the_elder 3 years, 12 months ago

Camper, as I've said previously, the recent tax compromise will cause unemployment to abate significantly by 2012, which would never have happened in the near term if all we'd seen were more failed Porkulus boondoggles from Obama and the Democrats. In other words, while Republicans got much of what they wanted from the compromise, Obama stands to benefit substantially from it in terms of his political future.

Fossick 3 years, 12 months ago

"You are a fool and/or a couch potato conservative if you think Brownback will stop a construction project that is contributing to the economy in Kansas."

Of course he won't stop it, he's a looter like most elected officials, cheered on by short-sighted individuals who stand to benefit from that looting. But that doesn't make the process any less wasteful.

mr_right_wing 3 years, 12 months ago

Can we get our sales tax back from wasted empty buses too?

While we're at it, is there any way to stop this ridiculous, irresponsible property tax on the library?

jafs 3 years, 12 months ago

The way to have accomplished those two goals would have been to strongly advocate for your position, convince people you're right, and get them to vote in large numbers.

Orwell 3 years, 12 months ago

Well, you could always move to a community that doesn't value libraries. If you can wait until after the holidays I'll help you pack.

Jimo 3 years, 12 months ago

There's no shortage of economic backwaters you could move to that would make a better fit for your tax preference. New Pflugerville, Wasilla, Doofistown, Yazoo City, the DummIzUs Subdivision, or maybe even that Noah's Ark Themepark in Kentuck.

pace 3 years, 12 months ago

Why can't whiners just say I think, why do they always say "everybody" thinks. jay su, They spend billions to create ad campaigns to spout false data about what "everybody thinks". They invest in spin when they should be investing in jobs. It is just another lie, maybe to your self. No everybody isn't against investing in education. No everybody isn't against health care reform. No everybody who thinks jobs, food, health care, libraries are important are selfish or illogical.

Scott Morgan 3 years, 12 months ago

The sky is falling, the sky is falling, the sky is falling. "One of his first acts can be" putting on a tutu and dancing the Sugar Plum, but don't think he will do it.

Relax folks, he's not the one trying to take away your rights.

Brownback knows if he returned any borrowed money to Washington the dough would just be re-gifted.

beatrice 3 years, 12 months ago

Poor, poor conservatives. Always the victims.

pace 3 years, 12 months ago

What a plan, where are the jobs in this plan, where is the infrastructure, where is education ? A lot of whining, not a lot of plan. The conservative plan is the emperor's new clothes, we assume it exists even if we don't hear it, see it, or believe it.

Richard Heckler 3 years, 12 months ago

How about our own local wasted tax dollar at the city and state level?

Tax Dollar Moochers

Why give our tax dollars away to wealthy corporate tax dollar moochers that politicians like to call tax dollar incentives?

The question is why is it necessary to bribe corporations who will leave once the tax dollar give away has expired? Where in the world did this taxpayer abuse concept originate?

When will wealthy corporations stand on their own like so so many small business people are forced to do?

If help is available I would rather give it to the mom and pops/small business people who have been around 15 years or more who likely have never received tax dollar incentives. A three year program to help these people produce more economic growth from an existing source.

OR use corp welfare money for some new business downtown for 3 years.

5 year,7 year,10year,12 year and 15 year tax dollar give aways are too damn expensive and do NOT produce near enough for our local cookie jars.

Why do local banks support inflated real estate prices in downtown Lawrence by approving loans? How many downtown properties are worth less today than what is owed?

Why do local banks support inflated real estate prices anywhere in Lawrence?

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