All Posts Tagged With: "Jobs"

Why The Surplus Should Go Back To Iowans – Now

Iowa Politics Money Chess TaxesThe Des Moines Register’s editorial this morning provided a concise (for Democrats) explanation about why Iowans should not get their $800 million over-payment returned to them.   It’s to be expected that now that there is extra revenue coming in, we see the Left drooling over the opportunity to spend our money.

It’s a wonder we managed to survive the past few years with so little money to spend.

But seriously, we did just fine.  And that should be the point now.  We’ve managed to do a great job of assessing where the government is spending money it doesn’t need to be spending, and cut some of it back (there’s more to cut, but we’ll leave that for another time). But even though …

Casinos, Bonds, and Cigarettes

Iowa Politics - Cigarette and DieBack in 2001, Iowa decided to securitize its portion of the multi-state tobacco lawsuit settlement. “Securitize” means to borrow against it. They issued almost $700 million in bonds through the Iowa Tobacco Settlement Authority, with the settlement money itself as the asset backing the bonds. Most of them are even tax-exempt.

Such is the nature of public finance; the settlement was a windfall of revenue that didn’t have to be taxed from the citizens, but instead of just riding the wave, the government used it as collateral to borrow money. Never put off spending that can be done today.

More than seventy percent of the money Iowa receives from the tobacco settlement goes to debt service on those bonds – these, like most government bonds, …

Peter Cownie Weekly Update: Keeping Young People In Iowa

This week’s newsletter from Peter Cownie provides some insight into some of his goals as a legislator.  Helping keep young people in Iowa after they graduate from high school and/or college has been a challenge in recent decades.  Reasons for the large numbers of youth leaving the state range from financial opportunity to entertainment to lifestyle.  Ultimately, jobs are key, and attracting young people means attracting companies.  Peter also looks at ways to promote staying in Iowa for college education.

The best question a citizen can ask a person seeking public office is: why are you doing this? Every candidate should have a passion for what he/she is trying to accomplish and remember that passion each time he/she makes a decision. I was asked this

    Log in    
Error, group does not exist! Check your syntax! (ID: 7)