About Mike Stenhouse
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Entries by Mike Stenhouse
Message to General Assembly leadership: #JustStayHome! By kowtowing to pressure from the progressive-left, the provisions in the proposed 2018 budget, along with other crippling legislation, send a disturbing, but clear message to Rhode Islanders: hard work is valued less than unearned worker privileges. Rhode Islanders’ natural drive to engage in gainful and honest work and to invest in new ventures is corrupted by false promises that they can become part of a new “I got mine” special-interest crowd.
Perhaps nothing is more telling about whether Americans see a state as providing sufficient opportunities for prosperity and a better quality of life than whether or not they are flocking to or fleeing from its borders. No other measure paints a more realistic picture of whether or not a particular state is an ideal place to raise a family or build a career than how people “vote with their feet.”
At the Center, we know that that the high levels of taxation and over-regulation imposed in the ever-growing state budget is the main culprit in causing Rhode Island’s stagnant performance.
We know that that the high levels of taxation and over-regulation imposed for the sake of the state budget are the primary culprit in causing the Ocean State’s stagnant performance. Put another way, overspending by a government that primarily seeks to perpetuate and grow itself, actually works against the best-interests of the very people it is supposed to be serving. Instead of seeking to grow prosperity, government seeks to grow itself.
Despite the false hopes expressed by lawmakers based solely on a reduced unemployment rate, Rhode Island families are hurting. The Ocean State suffers under the worst business climate, and 48th rank on our Center’s Job’s & Opportunity Index. Furthermore, Rhode Island was the only state in New England to see its labor force decline in size in recent years, as hundreds of thousands of people have chosen to leave our state since 2004. This is not a recovery.
To save RI from the disastrous progressive vision, we all have to get involved.
The massive budget shortfall is proof that the state government’s corporate welfare strategy has failed. Rhode Island’s current corporate tax-credit economic development strategy is highly inefficient as it creates relatively few jobs at an extremely high cost per job to taxpayers. This targeted ‘advanced industry’ approach does little if anything to improve the overall business climate, which is necessary if organic entrepreneurial growth is to occur on its own. A 3.0% sales tax would disproportionately help low-income families.
If the final federal healthcare law that eventually emerges from Washington, D.C. is similar to the version that passed the House of Representatives in early May of 2017, Rhode Island lawmakers will find themselves in the middle of largely reshaped federal and state healthcare landscape. Soon they may be faced with multiple important questions; and they will also realize that they will be newly empowered to make state-specific decisions for the people of Rhode Island.
Imagine the parking lots of Rhode Island retailers filled with cars with Massachusetts license plates. New research from the Center, based on government data, shows that it is very possible. In the two years following the removal of sales tax on wine and spirits, the same level of economic stimulus, as projected by the Center by cutting the state’s overall sales tax, actually occurred! Now, there can be no doubt of our findings. The new research one-pager proves that Rhode Island would experience an ECONOMIC BOOM under a 3.0% sales tax.
As taxpayers continue to be asked to fund generous corporate subsidy programs, lawmakers are now dueling over two new spending ideas, reimbursing localities to phase-out the car tax and public funding for free college tuition, each of which would likely further raise taxes and fees on Rhode Islanders. But would these programs make Rhode Island a better state? Not only does cutting the sales tax to 3.0% make sense for improving our state’s troubled economy, it is also the cure to the dangerous progressive agenda.
The four major PROGRESSIVE legislative initiatives that Rhode Island families and business owners should be worried about are:
Happy Easter! As President Franklin Delano Roosevelt, the creator of the American social safety net state said in 1935, “Continued dependence upon relief induces a spiritual and moral disintegration fundamentally destructive to the national fiber. To dole out relief in this way is to administer a narcotic, a subtle destroyer of the human spirit.” Rhode Island Lawmakers need to realize that our policy culture of considering only the material needs of individuals has, all along, been harmful to the family unit.
Yet, the progressive left is openly promoting job-killing, anti-business, and anti-family policies.
Rhode Island families understand that our quality of life can only be improved if more and better businesses create more and better jobs! Yet, the progressive-left has a very different vision. They are openly promoting job-killing, anti-business, and anti-family policies. Their so-called “fair shot agenda” would transform our Ocean State into a liberal utopia … where businesses face even higher legal and financial risks, and where worker safety, absenteeism, and workplace productivity are compromised.
The Ocean State faces a stark choice.
As taxpayers continue to be asked to fund generous corporate subsidy programs, lawmakers are now dueling over two new spending ideas, reimbursing localities to phase-out the car tax and public funding for free college tuition, each of which would likely further raise taxes and fees on Rhode Islanders. But would these programs make Rhode Island a better state? Or would the more innovative and bold policy concept of cutting the state sales tax help families become more self-sufficient?
The Providence Journal and Rhode Island progressives are doing a disservice to the people of our state by advancing a biased and non-realistic perspective on the federal healthcare reform debate.
There are few issues that are more personal or important than planning for the care that can preserve the health of ourselves and our families. But what governmental approach best helps us accomplish this?
Currently, our state is following the federal Obamacare approach of seeking to insure more people with government-run Medicaid or with a one-size-fits-all government-mandated private insurance plan. This approach is in a death-spiral.
Continue reading at Rhode Island Center for Freedom and Prosperity.
It is time to change the status quo in Rhode Island. What if lawmakers were to realize the policy culture of considering only material needs has been harmful to our families? Instead, lawmakers should work to empower more families with the soul-fulfilling power of work by removing the obstacles that stand in their way. Rhode Island needs bold, broad-based reform ideas; ideas that will help existing and would-be businesses and families. One big idea is removing the heavy-hand of government occupational licensing restrictions on small businesses.
The status quo in Rhode Island needs a reality check with regard to the now epic UHIP computer systems disaster. With reports of Rhode Islanders being driven to extreme measures to make up for the loss of social safety net, the insiders must realize that once again they have headed down the wrong path. Big government is incompetent to run our lives.
According to the Rhode Island Family Prosperity Index, “startups aren’t the only thing when it comes to job growth. They’re the only thing.” The only way to incentivize enough start-up activity to make a difference in our state is to create a business climate that is attractive enough to make thousands of entrepreneurs want to invest here. Crony deals for a few dozen companies will not get it done.
New national research shows that Rhode Island ranked just 48th on the 2016 Family Prosperity Index (FPI). In December 2016, our Center in conjunction with our national partner, the American Conservative Union, issued a 52-page RI Family Prosperity report that highlighted contributing factors to our state’s poor rankings across 57 indexes. Among other discussions, the report suggests that Rhode Island has room to modernize and improve its criminal justice system. Reforms put forth as part of the state’s JRI, and by other organizations can help provide more opportunity for upward mobility and prosperity for Ocean State families.
Everyone concerned about the well-being of our state’s families should be alarmed by our unacceptable 48th-place ranking on the Family Prosperity Index (FPI). The FPI demonstrates quantitatively the undeniable link between economic and social policy in determining family prosperity. Whether it is criminal justice reform, taxation, or education, if we are to improve our state’s dismal 48th place ranking in overall family prosperity, we must make helping families the focus of our public policy and private advocacy. Lawmakers can become heroes if they can construct policies that actually address the real needs of real families.
It is time to challenge the status quo insider mindset and to search for a more holistic path to help real Rhode Islanders improve their quality of life. This week, the Center held a forum at Bryant University that provided an ideal opportunity for community, religious, and political leaders to convene to begin the process. We brought together leaders on both the left and right to discuss the challenging questions, and the strongest voices stood in stark contrast to the corporate tax-credit policies that have been the center-piece of the Raimondo administration’s economic development agenda.