• Green Book 2020: Kansas job growth abysmal before COVID-19

    Green Book 2020: Kansas job growth abysmal before COVID-190

    Kansas’ recent job losses may be driven by COVID-19 shutdowns and health impacts. However, findings from the Green Book 2020 say Kansas was in the economic doldrums long-before the COVID crisis. Kansas ended 2019 with the slowest job growth rate in Plains and the 43rd fastest growth in the country. According to the June jobs

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  • Kansas April jobs report suggests an economic free-fall

    Kansas April jobs report suggests an economic free-fall0

    During the worst of the public health crisis, Kansas Governor Laura Kelly locked in place the COVID-19 economic shock. That means state policy closed businesses and ended jobs longer than necessary. As a result, the April jobs report announced Kansas lost 130,400 total jobs. Analysis of this jobs report suggests the state economy is shrinking

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  • Kansas Consensus Undervalues COVID Economic Impact – Part 1

    Kansas Consensus Undervalues COVID Economic Impact – Part 10

    Recently, state forecasters predicted a substantial reduction in state tax revenues as an economic impact of COVID-19. However, comparisons to the Great Recession as well as state forecasters’ history of projections can give key insights. They suggest the state government will have another off-target tax revenue prediction. On April 20th, economists and analysts from the

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  • COVID-19: prepare for large state budget deficits

    COVID-19: prepare for large state budget deficits0

    There are no pandemic economic models to follow but the economic fallout and state budget deficits from the COVID-19 shutdown will be enormous.  Some economists speculate the impact could be even worse than the 2009-10 recession. Only time will tell if the public health benefits of stay-at-home orders were worth the economic ramifications and related

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  • STAR Bonds taint Kansas’s role as a referee

    STAR Bonds taint Kansas’s role as a referee0

    When it comes to economic development, the government should act as a referee; leveling the playing field. However in reality, instead of businesses focusing on scoring points, they devote increasingly more energy asking the referee to give them a boost. If this happened in the Superbowl it would make the game near-unwatchable. Yet, it’s happening

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  • Gov. Kelly promotes flawed “Three-Legged Stool” tax policy

    Gov. Kelly promotes flawed “Three-Legged Stool” tax policy0

    In their report to the 2020 Kansas legislature, Governor Kelly’s Council on Tax Reform promoted state tax policy with co-equal income, sales, and property taxes, a “three-legged stool.” However, upon further review, the flawed tax policy creates unstable budgets and encourages the government to decide who benefits from the wealth of others. Governor Kelly wished

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