Does More Government Help Or Hurt The Economy?
Kansas is presented as a case study as Kansas cut taxes on job creators to the point where the bottom 20% are paying on average $166 more in income tax while the 1% are paying nearly $20,000 less. Rather than seeing an increase in job creation, Kansas’ job creation is lagging behind the national average. The speech concludes with suggestions for government spending that would boost the economy: federally funded jobs program, infrastructure investment, investment in education, and investment in research & technology.