10 thoughts on “Governor Moonbeam-In-Waiting

  1. Joe Loveland says:

    I don’t know why Mr. Emmer isn’t just focusing his corporate subsidies solely on waitress jobs. I heard Emmer say waitresses are getting paid $100,000 per year. So if we could just get all of those unemployed carpenters and white collar workers trained in at IHOP, the Prophet Laffer tells us we’d have plenty revenue to fill the shortfall.

  2. Newt says:

    Total spending proposed by the DFL legislature last session would have made the deficit $8 billion. Pawlenty was the only speedbump to have prevented that from happening

    At least Emmer’s proposal has to due with tax relief instead of government spending.

    1. Joe Loveland says:

      Re: (Newt’s assertion) “the DFL legislature last session would have made the deficit $8 billion.”

      That’s demonstrably false, Newt. The news coverage of the DFL legislators’ package:

      “DFL leaders are pushing for new income taxes on the wealthiest Minnesotans. The $395 million proposal unveiled Monday morning is part of a plan to erase the state’s $2.9 billion deficit.

      The proposal would establish a new income tax bracket for the highest-paid taxpayers. Couples filing jointly would pay a 9.15 percent tax on income topping $200,000 after deductions and credits. The higher rate also would apply to taxable income of more than $113,100 for singles and more than $170,350 for heads of household.

      The bill also would roll back $40 million worth of President George W. Bush-era state income tax cuts for high-income taxpayers a year earlier than scheduled.

      Senate Taxes Committee Chairman Tom Bakk said the new taxes would affect 122,000 filers for 2010 taxes payable in 2011. He said 97 percent of that group has taxable incomes of $250,000 or higher.

      The tax plans are part of a deficit fix that includes $680 million in spending cuts and $1.7 billion in delayed payments to public schools, largely mirroring the reductions Pawlenty made last year.

      Top Democrats said the new taxes will cushion schoolchildren and college students from the state’s financial problems. They said they accepted most of Pawlenty’s budget plan and hope he will bend. ”

  3. Newt says:

    P.S. Props to Emmer for saying that the media’s entire concern and focus is about what’s happening to government (not citizens). Ouch.

    Remember that government layoffs receive about 3x more news coverage than private sector layoffs.

  4. The budget deficit is THE issue that will define the next governor’s term in office. Nobody who wants to be considered a serious candidate for that office should be given a pass on explaining – in detail – how he plans to deal with it.

    What the legislature proposed is irrelevant; the veto power of the governor (both whole bill and line-item) in this area makes that officeholder the preeminent party in such matters. Governor Pawlenty has used it – and abused it through his Potemkin village constructions of unallotment and “borrowing” from education – to set us on the road to Californication and to fuel his political ambitions for national office. Given the example of the last eight years, it would be profoundly negligent of voters not to explore each candidate’s intentions in this area in detail.

    Mr. Emmer has put himself in a classic rock-and-a-hard-place situation on this issue: he’s already said “No new taxes” and his proposals to balance the budget by cutting alone – whatever they are – are so politically scary that he’s doing everything he can think of to avoid articulating them. Getting himself into such a situation is prima facie evidence to me of his unsuitability for higher office, but I’d still like to see the detail.

    – Austin

    1. PM says:

      Awwww, come on, Austin–he promised that he would release his plan sometime soon. This wasn’t it. Be patient–great works need time…..
      (this one might need something more as well)

    2. Newt says:

      Screw the people. Government is the real one suffering in this economy!

      (Wow – are you sure you want to proceed down that path for the election?)

      There’s the added problem that the deficit is really occasioned by automatic inflationary growth in government, not a shortfall in revenues.

  5. Newt –

    We, the people, would like to hear from candidate Emmer how he proposes to fix the deficit problem created in large part by his fellow GOP officeholder. What specific expenditures would he eliminate? We already know he’ll seek no new sources of revenue but we’re curious on this point.

    You talk about government as if it were some alien, occupying army of oppression imposed on us by force; it’s not. We get the government we vote for; if Mr. Emmer wants our votes, he needs to tell us what we’re getting in return.

    – Austin

  6. Joe Loveland says:

    Interesting data and analysis relevant to this discussion, and the earlier discussion about Tom Horner’s proposed business tax cuts, from Rowdy participant Charlie Quimby on the Twin Cities Daily Planet:

    “Although the theory behind such (Emmer proposed tax cuts) is that they are good for the economy, Emmer declined to say the cuts would “save or create some number of jobs.”

    That’s smart, since research shows mixed results on the jobs impact from state business and income tax cuts.

    Most of the studies (24 of 34) by researcher Michael Wasylenko found negative impacts on economic activity levels on the order of 0 to 3 percent. A study by researchers W. Robert Reed and Cynthia L. Rogers that examined New Jersey Gov. Christine Todd Whitman’s tax cuts in the mid-1990s concluded the tax cuts had no significant, specific impact on New Jersey employment growth.

    And Rep. Emmer’s favorite role models for tax reform – Colorado, Rhode Island and, lately, Indiana – all have higher unemployment rates than Minnesota.

    Economists agree that, all things being equal, lower taxes on businesses are better for private-sector growth and job retention than higher taxes.

    But all things are never equal. In states, taxes, spending and the economy don’t move independently, and public investment in education and infrastructure have positive economy impacts that offset the negative effects of higher taxes.

    It truly matters how a budget balances the revenue and spending sides, and so far, Rep. Emmer hasn’t shown how he’ll deliver the total package.

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