EricJ
Senior Member
- Feb 22, 2015
- 258
- 79
Of course, there are no facts that will sway some. Europe has already proved that austerity policies are a total failure. Yet, in spite of all the evidence, US conservatives try it over and over - no matter how many times it fails. The very definition on insanity!
The real-world effects of Brownback s Kansas experiment MSNBC
excerpt:
When Kansas Gov. Sam Brownback (R) launched his radical economic plan, which cut taxes far beyond what his state could afford, he called it “a real-live experiment.” The governor said at the time, “We’ll see how it works.”
More than four years later, we have, indeed. Brownback’s plan has resulted in debt downgrades, weak growth, and state finances in shambles. The latest data adds insult to injury: “State figures released Tuesday showed that tax revenue came in $11.2 million below expectations in March, the latest in a string of lower-than-expected tax receipts.” The report came two weeks after the governor said his plan is “working.”
As msnbc’s Trymaine Lee reported over the weekend, it’s reached the point at which some Kansas public school districts are wrapping up the school year early because they don’t have the money needed to keep the doors open.
As a result of [Brownback’s] cuts, the two Kansas school districts have announced that they’ll be cutting their school years short because of an expected budgetary shortfall, including a reduction of state aid and increasing financial pressure. The Twin Valley School District will end its year on May 8 instead of May 20, while the Concordia school district will end its school year about a week short, on May 15 rather than May 21. Concordia schools also will be closed on April 16 and May 1, to spread out the days certain staff won’t be paid.
“The board’s made a difficult decision,” Twin Valley Superintendent Jan Neufeld told The Wichita Eagle. “We have just a few fiscal reserves.”
Nothing says “21st-century super power” like American schools closing early because a state can’t afford to keep the lights on.
The real-world effects of Brownback s Kansas experiment MSNBC
excerpt:
When Kansas Gov. Sam Brownback (R) launched his radical economic plan, which cut taxes far beyond what his state could afford, he called it “a real-live experiment.” The governor said at the time, “We’ll see how it works.”
More than four years later, we have, indeed. Brownback’s plan has resulted in debt downgrades, weak growth, and state finances in shambles. The latest data adds insult to injury: “State figures released Tuesday showed that tax revenue came in $11.2 million below expectations in March, the latest in a string of lower-than-expected tax receipts.” The report came two weeks after the governor said his plan is “working.”
As msnbc’s Trymaine Lee reported over the weekend, it’s reached the point at which some Kansas public school districts are wrapping up the school year early because they don’t have the money needed to keep the doors open.
As a result of [Brownback’s] cuts, the two Kansas school districts have announced that they’ll be cutting their school years short because of an expected budgetary shortfall, including a reduction of state aid and increasing financial pressure. The Twin Valley School District will end its year on May 8 instead of May 20, while the Concordia school district will end its school year about a week short, on May 15 rather than May 21. Concordia schools also will be closed on April 16 and May 1, to spread out the days certain staff won’t be paid.
“The board’s made a difficult decision,” Twin Valley Superintendent Jan Neufeld told The Wichita Eagle. “We have just a few fiscal reserves.”
Nothing says “21st-century super power” like American schools closing early because a state can’t afford to keep the lights on.
