Wintery Knight

…integrating Christian faith and knowledge in the public square

Paul Ryan and Art Laffer love Herman Cain’s 9-9-9 plan

Two big endorsements for Herman Cain’s 9-9-9 plan from two proven conservative supply-side economists.

Here’s Paul Ryan’s interview with the Daily Caller.

Excerpt:

House Budget Committee chairman Paul Ryan said in an interview with The Daily Caller that he “loves” the idea of having “specific and credible” plans, like presidential candidate Herman Cain’s signature “9-9-9″ proposal, in the national debate about tax policy.

Ryan told The Daily Caller in an exclusive interview that Cain’s plan is a good starting point for debate, and shows the GOP presidential campaign season has entered into a more advanced stage where ideas — not just personalities — have come to the forefront.

“We need more bold ideas like this because it is specific and credible,” Ryan said. “I’m more of a flat-tax kind of a guy.”

The budget chairman went on to say that ideas like Cain’s plan could help shape the debate over tax reform moving into 2013.

“It’s great to see such bold ideas,” Ryan told TheDC.

[...]“I consider Paul Ryan to be one of the brightest minds in Washington, D.C.,” said Mark Block, Cain’s chief of staff, “Mr. Cain looks forward to sitting down with Congressman Ryan.

Here’s more about a possible VP nomination for Ryan.

Excerpt:

House Budget Committee chairman Paul Ryan “loves” Herman Cain’s 9-9-9 tax plan and sees the proposal as “specific and credible” – a major endorsement for a surging GOP presidential candidate.

“We need more bold ideas like this because it is specific and credible,” Ryan said in an interview with the Daily Caller. “I’m more of a flat-tax kind of a guy.”

Cain is returning the love. He said Wednesday that he sees Ryan as the type of person he would want as a Vice Presidential nominee were he to win the Republican primary, the Hill reported.

“I’ll give you a name, like representative Paul Ryan. I’m not saying he would be a V.P. pick. He might be. But that’s the type of person that I would want in my cabinet. He is the type of person,” said Cain on the Steve Gill Show.

Ryan said hoped Cain’s plan – which would replace the current code with a 9 percent tax on all personal income, corporate income and sales – would encourage legislators to consider tax reform in coming sessions, the Hill reported.

Ryan says that Cain is thinking the right way, and that he believed that critiques of the plan would make it stronger.

“It’s great to see such bold ideas,” Ryan said.

Excerpt:

The famed economist told HUMAN EVENTS that the proposal was pro-growth and would create the proper conditions for America’s economy to expand and thrive again.

“Herman Cain’s 9-9-9 plan would be a vast improvement over the current tax system and a boon to the U.S. economy,” Laffer told HUMAN EVENTS in a statement. “The goal of supply-side tax reform is always a broadening of the tax base and lowering of marginal tax rates.”

Added Laffer: “Mr. Cain’s plan is simple, transparent, neutral with respect to capital and labor, and savings and consumption, and also greatly decreases the hidden costs of tax compliance. There is no doubt that economic growth would surge upon implementation of 9-9-9.”

Laffer also said that “such a system provides the least avenues to avoid paying taxes, yet also maintains the strongest incentives for work effort, production, and investment.”

Everyone is talking about Chris Christie’s endorsement of Mitt Romney… but Christie is a RINO. I’m sure that Romney will get endorsements from John McCain, Susan Collins and Olympia Snowe, too. But Paul Ryan’s endorsement is the endorsement that really matters.

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NY state public schools spend the most money but get lousy results

Eastern United States Map

Eastern United States Map

From the New York Post. (H/T Jammie Wearing Fool)

Excerpt:

New York state’s school systems deserve an F — in financial accountability.

State taxpayers spend substantially more money on education than any other state in the nation but get far less in return on their investment, according to a shocking new federal study released yesterday.

New York schools on average spent $18,126 per student in the 2008-2009 school year — tops in the nation, the Census Bureau reports.

That’s nearly $2,000 more than the $16,271 spent in neighboring New Jersey and 80 percent higher than the national average of $10,499.

But the Empire State’s four-year high-school graduation rate of 73.5 percent ranked a lowly 39th in the nation, two points below the national average, according to a separate analysis by the National Center for Education Statistics.

By comparison, Massachusetts — which spends $4,000 less per student — has an 83 percent graduation rate.

New York has doubled its per-student spending over 10 years. For five consecutive years the state has spent the most per student in the nation.

[...]One main reason for New York’s sky-high spending is it pays its teachers significantly more in salaries and benefits than any other state.

New York spent $12,524 per student to cover instructional salaries and benefits, nearly double the national average of $6,369. Even New Jersey, Connecticut and Massachusetts spent $3,000 less per student than New York did on teacher pay and benefits.

Teacher unions are one of the main Democrat special interest groups. Teacher unions oppose being held accountable by parents. They don’t want to have their pay and benefits be conditional on producing quality educations for children. They just want to be able to collect exorbitant salaries and benefits while they indoctrinate your children with leftist politics and liberal values. They don’t care what parents want, and they don’t care about whether your children learn anything that will allow them to achieve independence and prosperity.

Must-see videos on education policy

Related posts

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New Jersey per-pupil cost is $17,800

Eastern United States Map

Eastern United States Map

From the Wall Street Journal. (H/T Michele Bachmann)

Excerpt:

The Christie administration has recalculated the amount it says New Jersey public school districts spend per pupil, increasing the state average rate by several thousand dollars to more than $17,800.

The figure, from the 2009-10 school year, has been adjusted to include costs such as transportation, federal funding, debt payments and legal judgments that can vary greatly from district to district. In the 2008-09 school year, using the previous calculation, the state average was $13,200 per student.

The Christie administration says the new figure is more transparent and complete.

[...]Gov. Chris Christie has frequently said that Newark schools spend nearly $25,000 per student, despite what he calls failing results. The new spending guide shows Newark’s spending at nearly $23,000 per student, up from about $17,600 under previous estimates.

Compare that with the average tuition with higher-performing private or parochial schools.

Excerpt:

AVERAGE PRIVATE SCHOOL TUITION: $8,549

Elementary: $6,733
Secondary: $10,549
Combined: $10,045
(Digest 2009, Chapter 2, Table 59)

AVERAGE CATHOLIC SCHOOL TUITION: $6,018

Elementary: $4,944
Secondary: $7,826
Combined: $9,066
(Digest 2009, Chapter 2, Table 59)

I think we need to put in a national voucher system, or, failing that, we should abolish the federal Department of Education completely and leave education to the states and municipalities.

This post was linked by:

Must-see videos on education policy

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Democrat lawmakers flee state to avoid voting on spending cuts

Video from Gateway Pundit.

Story from the Wall Street Journal.

Excerpt:

Democratic lawmakers fled the state in an effort to torpedo a closely watched vote on what would be the nation’s first major overhaul of union laws in years, as government workers flooded the statehouse for a third day seeking to block passage of the bill.

Surrounded by thousands of tightly packed protesters, including teachers who had been encouraged by union leaders to show up in force, state senators gathered around 11 a.m. to vote on Republican Gov. Scott Walker’s proposal to limit collective-bargaining rights for most state employees.

The governor’s proposal, part of a bill aimed at overcoming a $137 million deficit in the current budget and a projected $3.6 billion hole in the next two years, would allow collective bargaining on wages, but not pensions and health care. Workers would be required to pay more for both.

But a roll call revealed that the 14 Senate Democrats were absent, leaving the chamber short of the 20 votes needed to conduct business.

[...]Late Thursday, Gov. Walker, who could hear chanting every time he opened his office door, blasted the Democrats’ move as a “stunt” and urged them to return to vote on what he called as a “bold political move but a modest, modest proposal” that would preserve benefits for public employees that remained “better than what most people are getting across the state.”

The extraordinary scene was being followed in statehouses across the country, as a test case of both union clout and the political will of newly elected legislators. Wisconsin was at the front edge of voter discontent in 2010, with voters agitated about public spending electing Gov. Walker to succeed Democrat Jim Doyle and handing both houses of the legislature to the GOP.

[...]If the governor’s efforts succeed, other states are expected to try to follow, as governors grapple with deepening deficits. Many new governors in both parties have blamed the states’ fiscal crisis in part on what they say are overly generous benefits and pension obligations granted over many years to organized government workers.

Proposals similar to Gov. Walker’s have been made in New Jersey and Ohio. In Columbus, Ohio, thousands gathered Thursday to protest a Republican proposal that would eliminate collective-bargaining rights for many of that state’s 400,000 public-sector workers.

[...]Gov. Walker first introduced his “budget repair” bill just a week ago, setting off the firestorm that has swept the Capitol. Besides limiting collective-bargaining right for most workers—excepting police, firefighters and others involved in public safety—it would require government workers, who currently contribute little or nothing to their pensions, to contribute 5.8% of their pay to pensions, and pay at least 12.6% of health-care premiums, up from an average of 6%.

In exchange, Gov. Walker has pledged no layoffs or furloughs for the state’s 170,000 public employees. He has said 5,500 state jobs and 5,000 local jobs would be saved under his plan, which would save $30 million in the current budget and $300 million in the two-year budget that begins July 1.

The lawmakers are required by law to report to their posts to vote on all legislation, which is why the police were dispatched to locate them.

Here’s what the fuss is about:

Public Sector Benefits

Public Sector Benefits

And Gov. Walker is not the only one trying to stop the massive transfers of wealth from the productive private sector to non-productive public sector.

Excerpt:

Lawmakers around the country are looking at new ways to prevent budget disasters by changing the rules for overburdened state employee pension funds. But they are meeting stiff resistance from public employee unions.

Two Arizona state lawmakers this week, including the speaker of the House, introduced their plan to salvage the state’s budget by significantly changing the public retirement system.

Following the lead of Gov. Chris Christie, R-N.J., a pair of New Jersey assemblymen on Monday put forth their legislative solution to make solvent a fund that’s $54 billion in the red.

Also on Monday, in his first budget address as governor, Florida’s Rick Scott announced his effort to “stabilize and secure” government employee pensions.

The moves are part of a larger battle over pension reform between conservative budget hawks and government worker unions.

The national debt is currently over 14 trillion, and scheduled to be at 26 trillion by 2021.

Michelle Malkin has a breakdown of teacher salaries and benefits here.

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Right Wing News asks: who is the top conservative of 2010?

Here’s the poll. You can check up to THREE choices!

Right Wing News is run by John Hawkins.

Filed under: Polls, , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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