Wyoming Liberty Group
The Cheyenne City Council’s decision about allowing a retail liquor license owner to sell his license to Cheyenne’s Sam’s Club is about more than liquor policy. It is really a referendum on whether Cheyenne is open to business. Perhaps not. The Council Finance Committee recommends that the Council block the sale. This is a signal to investors that the City is willing to flex its muscle to protect favored locals at the expense of outside investors.
On Thursday April 28 the Bureau of Economic Analysis released its advance estimate of GDP growth for the first quarter of 2016:
Real gross domestic product -- the value of the goods and services produced by the nation’s economy less the value of the goods and services used up in production, adjusted for price changes -- increased at an annual rate of 0.5 percent in the first quarter of 2016, according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 1.4 percent.
Boyd Wiggam and Chuck Gray of KVOC in Casper discuss the Cheyenne City Council’s refusal to ease the economic burden that aesthetic design regulations for new apartment buildings impose on working families in Cheyenne, even in the face of the significant shortage of affordable, unsubsidized housing in the community.
When politicians justify handing out public dollars for private benefit, they use the word investment to spin this spending into something more palatable to voters. However, state directed spending in the economy is nothing more than economic central planning in disguise. To stop the growth in central planning in Wyoming, we must bring the state’s role back to that of an umpire, rather than a participant, in the economy.
Maureen participated on the panel with UW economist Anne Alexander, Hart and Hart Lawyer Isaac Sutphin and Senator Chris Rothfuss. November 12, 2015
Louisiana Governor Bobby Jindal talks to Doug Randall on KGAB about the need to shrink the size of government to grow the private economy and put the state’s fiscal house in order. November 9, 2015
When the Wyoming Business Council proposes a handout for a private business, the focus is on the positive—jobs, economic diversification, the flag and apple pie. When it brings these proposals before the State Loan and Investment Board (SLIB), the costs of these handouts—wasted resources, cronyism and the damage to unsubsidized competition—go unmentioned. The proposed $407,000 handout to the City of Chugwater is a good example of how attracting a tax consuming business to town wastes resources and worse, it could harm a taxpaying business. When this proposal comes before the SLIB, it must decline to rubber stamp this handout.