Not a Bug in the System but a Feature
Posted on March 14, 2016
It is high time to recognize that the Brownbackian destruction of Kansas’s credit rating is not a bug. It is a feature.
Actually, it is emerging as a central feature.
In the “starve the beast” strategy, it is not enough to merely reduce the tax base to the point where services viewed by the majority can no longer be maintained. Instead, it is necessary to:
1. create a huge debt so that future tax increases will go to debt service rather than government service, and
2. destroy Kansas credit rating so that we cannot take out loans for infrastructure and the the like.