Practicing economics without a license
re "State needs referendums to aid recovery" (The Fort Collins Coloradoan, 9/29/05)
To the Editors:
If an economist performed surgery on a patient, he would go to jail for practicing medicine without a license. Yet voters tolerate doctors (or veterinarians) practicing economics without a clue. And while the fake doctor can certainly hurt a patient, legislators hurt millions of Coloradoans at once.
State Senator Steve Johnson gives us a perfect example with his misdiagnosis of the state as “in trouble”. By what standard are we in trouble? Colorado is in the top few states in technology job creation, above the national average in increase in standard of living (only since TABOR passed), and has had an increased state budget every year, including during the recession.
Senator Johnson intentionally misleads voters by talking only about the General Fund which did decline, but which was more than made up for by other state government revenues, leading to higher government spending every year.
To follow up calling this very health patient sick, he then prescribes poison in the form of the massive and permanent tax increase contained in Referendum C. The reason Colorado is doing well is precisely because we have avoided the huge increases in taxation and the size of government that have bedeviled states like California.
You wouldn’t allow an economist to prescribe arsenic to a healthy person, and you shouldn’t allow Senator Johnson to prescribe taxes to a healthy economy.
I will be debating Senator Johnson about Referenda C and D at the Larimer County Republican breakfast club on Monday, October 3rd. The club meets from 7 AM to 8:30 AM at the Cottonwood Club, 6831 S. College Ave. I encourage all interested parties to attend.
Ross G Kaminsky is a Regional Coordinator for the Colorado Club for Growth
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