Kansas Supreme Court gives state until June 30 to properly fund public schools

[GMDino]

(06-06-2016, 05:11 PM)JustWinBaby Wrote: You love to keep bringing up KS as some sort of referendum on pro-growth Republican [typically] policies.

Yet there's this piece from the St. Louis Fed:
https://research.stlouisfed.org/wp/2010/2010-006.pdf


"We find that states with greater economic freedom – defined as the protection of private property and private markets operating with minimal government interference – experienced greater rates of employment growth. In addition, we find that less restrictive state and national government labor market policies have the greatest impact on employment growth in U.S. states."


"Many factors that explain differences in cross-country growth also explain differences in state economic growth. Crain and Lee (1999) and Garrett, Wagner, and Wheelock (2007) have shown that income growth is higher in U.S. states with greater industrial diversity, a greater percentage of the population with a college degree, a greater percentage of the population in the labor force, and state government as a smaller share of gross state product (GSP). Tomljanovich (2004) demonstrated that higher state tax rates reduce state economic growth (measured by per capita GSP) for several years following a tax increase. 


It is reasonable that differences in economic freedom across states may explain variation in the growth of U.S. states as well. Economic and political institutions, such as business regulation, taxation, and government spending, differ across state governments just as they do across national governments. To date, however, empirical models of state economic growth have essentially ignored the potential role of state economic and political institutions in statelevel economic growth. Similarly, Nickell, Nunziata, and Ochel (2005) and Daveri and Tabellini (2000) found that higher labor taxes reduced employment. Finally, Quan and Beck (1987) and Nistor (2009) found that states and counties with greater human capital investment had lower unemployment rates and greater employment growth"

:golf clap:

Now go read what the GOP has done to KS.

Real world application of the theory has proven to be horrific.