Monday, June 1, 2015

BREAKING: Job Creators Have Not Trickled Down Jobs In Kansas

Okay, so we all know by now how Kansas Governor, Sam Brownback's "experiment" with lowering taxes on the rich did not in fact, lead to more revenue. But hey, who cares about actually paying for government services? Afterall, our greatest founding father, Ronald Reagan, never wound up collecting more revenues with his policies, so why would we expect a lesser Republican like Brownback to do so?

However, where the Gipper was lacking in terms of collecting money, he made up for in job creation (well, not really that either, but just play along for a moment).

So how has Brownback fared so far on the job creation front?

The new national jobs report for April, released Wednesday, shows Kansas now trails 44 other states and the District of Columbia in total nonfarm job creation in the first four months of 2015.

That’s an extremely dismal record, especially given that Gov. Sam Brownback has pledged previously that the huge income tax cuts he pushed in 2012 would bring a resurgence of employment to the Sunflower State.

It’s not happening.

The new report shows Brownback is falling far short of keeping his promise on job creation in Kansas.
During his re-election campaign in 2015, the governor said he wanted to create 100,000 new private sector jobs in his second term. That works out to just over 2,000 added employees per month over that four-year period. Brownback said Kansas had to grow that quickly so it could gain more tax revenue to avoid budget shortfalls.

But the federal Bureau of Labor Statistics report shows Kansas now has actually lost a total of 300 nonfarm jobs in the first four months of Brownback’s second term, from January through April
That’s worse than 44 other states. Put another way, it’s better than only Louisiana, New Hampshire, North Dakota, Oklahoma and West Virginia. All those states have lost jobs at slightly higher rates than Kansas has.

Okay, so things didn't exactly go according to plan. Brownback promised that he would turn Kansas into an economic powerhouse, but instead has turned it into the exact opposite. Stuff happens.

But the report wasn't all bad news. There was one positive stat buried in the article:

The nonfarm jobs report is the best overall measurement of total employment, including government jobs. If you strip those out, you’re left with the private-sector job figure that Brownback used. In that case, total private sector employment has gone up by only 700 in the first four months of the year.
Of course, I meant "positive" in the same way that a doctor informs you that a loved one is merely comatose as opposed to being dead after a car crash.

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