Can Lynch capitalize on Obama’s mistakes?

Can John Lynch capitalize on the slim advantage of Keynesian economics?  .

 

First off, Obama is couching his spending addiction in Keynesian economics.  He has to realise that it won’t actually work unless he has spending a) on projects that will have a positive economic impact on long term growth outside of government, and b) tax cuts that actually expand economic opportunity and stimulate short term growth in the business community now.

 

Tax cuts are the key.  They create long term stability and attract business and investment that will eventually increase revenue to offset the initial deficit spending.  Government spending never creates more revenue for the government, so when deficit intolerance intrudes on poor spending choices, taxes are raised–killing growth–and the Keynesian model collapses, creating economic stagnation, and a drawn out recession.

 

President Obama’s stimulus is destined to fail without a major retool because his spending is loaded with handouts that do no significant long term economic good, and what he calls tax cuts are actually welfare checks that do no short term lasting good.    Keynesian spending was never meant to fund art or special interest groups and if Obama persists he will have stimulated nothing of lasting value, including his usefulness as a leader. 

 

But John Lynch has an opportunity to make New Hampshire the place to do business—partly on the Federal dime–if he has the sense to take a chance and makes the right decisions.  He may get up to 300 million, and if he handles it properly, he might save New Hampshire some of the pain other New England states are pre-destined to suffer because of their tax policies.

PSNH rates go up–anyone surprised?

Thanks to the government the cost of living and doing business in New Hampshire just went up again.

It goes like this.  In 2007 the state mandated that by 2025 providers get 25% of the energy they provide from renewable sources (Wood, wind, solar, etc) and that process (its called RPS, the Regional Portfolio Standard) is already under way .  This  Jan 1st 2009 we began the RGGI cap and trade scheme which requires energy providers to buy carbon credits quarterly whose increased costs are also passed on to rate payers.

So these government mandates are now pig-piling on top of your lifestyle, in a down economy no less, during a ten year cooling trend, all to solve a problem that doesn’t even appear to exist.    How bad is it–get the numbers on the jump.

Dr. Lynch-ensteins Revenue Monster Madness

Go ahead, act surprised.  Raising taxes and fees cost us revenue.

 

The State is reporting that over the past two months revenue came in 11.6 Million under forecast.   This clearly means that the people raising the taxes, and making the forecast, have some explaining to do, particularly when we are already paying off our Visa with our MasterCard on a bloated budget that is the fiscal equivalent of spousal abuse on the tax payers. 

 

It’s time for another theoretical phone call to the creditors to let them know that New Hampshire is going to be another month late on their payments.  Funny thing is, that will only make the bonds Lynch wants’ to sell to pay for his debt even less valuable for that task. (Shaheen is using that “digging a hole” ad against  the wrong John —of course she and Lynch are budgetary twins, and neither understands why this is actually “Bad.”)

 

So what’s the other bad news?  Since we are living in a state run by democrats, the answer to any funding problem begins with more taxes.  The State will now have to reconsider its scheduled—unscheduled—and now rescheduled cigarette tax increase in an effort to stem the bleeding.  I don;t know what makes them think raising taxes some more will work better than last time, but I’m not a democrat so that’s probably why I just don’t see it.  I can hear them patting themselves on the back–“It’s smart move, good for New Hampshire, after all, Massachusetts has a higher tax on cigarettes,” ..and they are losing more money than we are!  But since Lynch has already started cloning his Concord office with one in Beacon Hill, why stop now?

 

New Hampshire did earn 1.6 million more from the business tax increase over last year, but that’s small peanuts when your State overspent by 17%.  Note to lawmakers; disgruntled citizens are more apt to avoid sundry fee increases by changing behavior more quickly than disgruntled businesses can pack up and move elsewhere.  What that means is, that on this trajectory, I expect that next year business taxes will be flat or even down, as will employment opportunities, average income, and possibly even growth as people realize that New Hampshire isn’t all that special any more. 

 

Raising taxes and fees was supposed to bring in more money, but it failed miserably, as any first year economist will tell you when you mess with cost and price structure in a free market—more responsible people with a more immediate link to their own sources of the income will alter their behavior to meet their needs.  Most democrats answer that problem by looking for more ways to stifle the free market, ignoring the maxim,  “A sinking tide beaches all boats.”   Raising more taxes will simply make matters worse.  Until Lynch and the democrats learn this simple lesson, and write budgets suitable for the household they are living in, as opposed to the utopian one they envision upon rising from their drool-stained pillows each morning, we are going to follow Massachusetts, and Michigan into the money pit of economic and social despair.   

 

Lynch either can’t or won’t stop his overspending State government, and last minute appeals to cut budgets is a too little too late election year nostrum; a band-aid hastily constructed from wood-chips and tree sap, designed to hide the gaping wound in our State budget.  It’s mismanagement at its finest, wholly lacking in backbone or leadership, and it demonstrates once again how badly we have been lead, and where we can expect to go, if a change in government is not enacted promptly.

Seperation Anxiety-John Lynch’s real policy on under age sex

Just a reminder of how Gov. John Lynch condoned under age sex.

Now I missed the original press conference, but I bet I know how it didn’t go.

 

CONCORD NH–Ladies and Gentlemen, today, by rescinding New Hampshire’s parental notification law, I believe that we  advance the democrat parties ideals and demonstrate the kind  of progress we envision for the State of New Hampshire.  While a young woman still can’t do a hell of a lot in those tender years from 12-16; she still can’t be trusted to have a driver’s license;  she still won’t be able to vote, or be permitted to smoke a cigarette until she is 18; she won’t be able to legally drink alcohol until she is 21; and she will still need her parents consent to donate a kidney, or to have other forms of elective surgery, or-actually–to go on a sanctioned field trip with her middle school or High School; we want her to know that is she gets pregnant, the State of New Hampshire, and the Democrat party are there for her; as long as there are no cameras present during the act of conception–because we still have to take a strong stand against child pornography here in New Hampshire.  

 

One quick reminder, while we see this as a necessary step forward, New Hampshire will not allow artificial insemination in women under the age of 18, so getting pregnant has to be an accident, and it is limited to intercourse …..with members….. of the , ummm, opposite sex, who can’t be any older than….because that’s illegal…

 

In closing I want to mention…just a quick reminder really….that we are not actually promoting underage sex, or saying that someone..anyone really…can or should have sex with underage girls.  That’s not what we are saying.  I, well..here’s to progress and a victory for Choice!  Thank you.

 

 

The law never went into effect—but only on a technicality.  Democrats, and your Democrat Governor , wanted this.  They voted for it, made it the law.  It doesn’t make any sense.  Not much that they want does when you really look at it.   

Make your own choice.  Vote these idiots out of office.

Under new management–PLEASE!

Gov. Lynch’s almost-ignored approval of the Regional Greenhouse Gas Initiative (RGGI) a few months back is indicative of how the cataracts have grown wildly across New Hampshire’s traditional vision of a limited and responsible government.  RGGI will make energy in New Hampshire more expensive and no one can dispute that. The research shows it, even tries to write it off as a wash because the State will get increased revenue from it.   

 

Since Lynch has condoned laundering tax money through the energy companies, in the form of increased energy prices to consumers–that happen to relate directly to how much more money ends up in the state coffers–is anyone in the press going to question this backhanded abandonment of his promise to veto a broad based tax?  This is a broad based tax.  And why is a state that is currently begging for federal fuel aid like some Dickensian orphan, signed on to a program that is almost guaranteed to make that need greater each and every year?   

 

We’re getting Lynch’d.

The democrats had two years to send us a message about their ideas on good governance, and that message appears to be pay up.