Tuesday afternoon, I wrote an LTE to the St. Cloud Times explaining why I’ll be casting my vote for King Banaian the first Tuesday this November. Without repeating the content of my LTE, here’s why I’ll enthusiastically cast my vote for King:
1. King understands what makes an economy tick. At a time when Minnesota’s economy is struggling, there’s no better time to put an economist of King’s talents to use in St. Paul.
Simply put, it’s been painful listening to the DFL in past legislative sessions because their understanding of basic economic principles is all but non-existent.
King understands that capitalism is nothing more than relying on time-tested principles like rewarding a specific, whether good or bad, behavior produces more of that behavior. Another time-tested principle that capitalism employs is that punishing certain actions will produce less of those actions.
2. Through hours of conversations with King over the past 5 years, I know that King will set sensible priorities that limit the reach of government while still funding the things that government is responsible for doing.
After years of watching the DFL adopt budgets filled with items from their special interest allies, it’s time to actually start saying no. I know that King is capable of dealing with budget details while maintaining a clear understanding of the big picture.
3. King’s devotion to limited government will send a signal to businesses that spending will finally be put under control. That means they’ll know that spending will stabilize, which will undermine the DFL’s cries for raising taxes.
SIDENOTE: That doesn’t mean the DFL will stop proposing tax increases. It just means that, when they do, King will set them straight.
4. King is committed to implementing zero based budgeting, which says that government agencies will have to justify the spending of every dollar they ask to spend.
This is how businesses budget. Government, both state and federal, start with last year’s budget plus inflation, then start tacking on goodies. As King likes to put it, bureaucrats will have to justify every penny of spending rather than haggling over the size of the increase they’re requesting.
5. King knows that there are tons of regulations that don’t serve a useful purpose. That’s why he’s proposing a sunset commission to examine regulations that have been on the books for a decade or more. If the commission determines that a regulation isn’t useful anymore, they’d get put on a list, much like the base closing list, which then would be voted on as it’s prepared by the commission on the House floor.
Simply put, I’m not voting for King just because he’s my friend. I’m voting for him because his policies (a) will get Minnesota’s economy back on the right track and (b) will eliminate the overregulation that’s strangling Minnesota’s businesses.
The fact that he’s my friend is just a great bonus.