January 20, 2010

Oregon Land of the Unemployed and overtaxed!

I started ThinkOregon to shed light on the economic pain that hard-working Oregonians are dealing with each day. My daytime job provides a unique perspective on a fairly broad cross-section of the state's economy, and how hard the recession has hit Oregonians.

Writing in this journal has also broaden my perspective: I now have a deeper appreciation for how economically interconnected we all are. There is truth in "what happens to one of us, happens to all of us."

I received an email from a reader last night that was very much like all the others. I've sanitized the identity of the author and included the bulk of it below. The theme is all too familiar: a dramatic reductions in revenues, layoffs and an underlying despair that, for some reason, this time, just penetrated me to the core.

Most "Vote Yes" supporters will read the email and immediately take out their calculators to figure out how much, if any, this ThinkOregon reader will have to pay if Measures 66 and 67 pass. They'll proclaim with great joy "see he only has to pay $XXX.XX ... isn't that a small price to pay for schools and social services?"

This myopia seems especially grievous to me. It's a gut wrenching exercise in futility to constantly have to point out the blinding glimpse of the obvious: opposition to Measures 66 and 67 have never been about any one tax bill, but rather the overall negative impact on Oregon's fragile economy.

I've never been concerned about the direct costs of Measures 66 and 67 on my own pocketbook. I am, however, deathly afraid of how it will change the spending habits of my customers... and the customers of other small business owners around the state.

The recession took trillions of dollars of spending power out of the economy and now hundreds of thousands of Oregonians on unemployment and food stamps live that reality each and every day.

Why is it so difficult for the "Vote Yes" campaign to see how Oregon businesses are dependent on the patronage of others? The details in the email below aren't nearly as important as the lesson of how we are so utterly dependent upon the spending habits of others.

The "Vote Yes" campaign's mantra of "it's only $150" is utterly misleading as it takes the focus off the economic disaster that will be caused by $733,000,000 in new, permanent and retroactive taxes. More spending power that will be drained from the customers of Oregon small businesses. More customers of Oregon businesses will change their spending patterns. And ultimately, more Oregon small businesses and their employees will suffer.

Yet the "Vote Yes" campaign seems content to push their way to head of the line -- past the jobless, past those hanging on by a thread -- to demand even more.

As we approach the end of this election, Oregonians don't need a calculator or an advanced degree in economics to decide how to vote... we simply need to see the forest for the trees.

Copy pasted from Here.

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