Mitch Daniels' "Yellow Pages Test"

The Stossel solution

Excerpt:

One of his guests was Indiana Governor Mitch Daniels. Forget for a moment that Daniels is a Republican. Focus on his accomplishments. "You were $78 million in debt," Stossel said during the program. "Now you have a $1.5 billion surplus." In a controversial decision, Indiana leaders leased a 157-mile toll road to foreign investors. "In exchange," writes Ryan Holeywell of Governing.com, "for a $3.8 billion, lump-sum payment, the investors would get to keep toll road revenue for 75 years ... a windfall for Indiana, with little downside to taxpayers." Next year, Daniels announced recently, his state's surplus will be at least $2 billion. Taxpayers can expect a credit on their 2013 taxes.

Daniels said he invokes what he calls "the Yellow Pages test. If it's in there, then conceivably government shouldn't be doing it itself."

And the result? "The result," said Daniels, "is we're repairing bridges, building roads. We're the only state with a building boom in infrastructure and it didn't cost the taxpayers a nickel."

Re-read that last sentence and then ask yourself why the federal government still sees itself as the primary builder of roads and bridges when it costs more and delivers less. This is a real solution to a nagging problem. Why isn't it more widely embraced? Refer to Stossel's previous answer about government: "They want their tentacles on everything." They're about power. The rest of the country wants results, which they must have in order for their businesses to survive and prosper.

Comment: Good artricle ... goes on to mention Amtrak (which should be shuttered!).

Mitch Daniels: " No enterprise can remain self-governing so deeply in hock to others"

Full text: Mitch Daniels’ speech to CPAC

Excerpts:

I bring greetings from a place called Indiana. The coastal types present may think of it as a “flyover” state, or one of those “I” states. Perhaps a quick anthropological summary would help.

We Hoosiers hold to some quaint notions. Some might say we “cling” to them, though not out of fear or ignorance. We believe in paying our bills. We have kept our state in the black throughout the recent unpleasantness, while cutting rather than raising taxes, by practicing an old tribal ritual – we spend less money than we take in.

We believe it wrong ever to take a dollar from a free citizen without a very necessary public purpose, because each such taking diminishes the freedom to spend that dollar as its owner would prefer. When we do find it necessary, we feel a profound duty to use that dollar as carefully and effectively as possible, else we should never have taken it at all.

...

In our nation, in our time, the friends of freedom have an assignment, as great as those of the 1860s, or the 1940s, or the long twilight of the Cold War. As in those days, the American project is menaced by a survival-level threat. We face an enemy, lethal to liberty, and even more implacable than those America has defeated before. We cannot deter it; there is no countervailing danger we can pose. We cannot negotiate with it, any more than with an iceberg or a Great White.

I refer, of course, to the debts our nation has amassed for itself over decades of indulgence. It is the new Red Menace, this time consisting of ink. We can debate its origins endlessly and search for villains on ideological grounds, but the reality is pure arithmetic. No enterprise, small or large, public or private, can remain self-governing, let alone successful, so deeply in hock to others as we are about to be.

Comment: Common sense from "the middle". I was born in that "flyover" state (Fort Wayne, IN - 1949). More on Mitch Daniels