Commentaries

Commentaries by the Grassroot Institute on Hawaiian issues.

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Commentaries

August 2010

The Real Solution to Social Security Insolvency

As this is written, in August 2010, the Social Security system is running a deficit. Its ability to support future retirement benefits for Americans is rapidly withering away. Fixes have been offered, but they all center in on postponing the inevitable: neither higher taxes nor cuts in benefits will save the system from its demise. Those methods have been tried before and failed. (more)

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Commentaries

August 2010

State Special Funds May Hold $1.4 Billion In Unspent Revenues

Hawaii’s taxpayers might be shocked to discover that while numerous voices in and out of the local political establishment are calling for an increase in the General Excise Tax to cover any future budget shortfalls in education or other state services, upwards of $1.4 billion dollars in unspent excess funds may be sitting in special funds, several of which were tagged by the auditor almost a decade ago for repeal. According to the Department of Budget and Finance’s “Reports on Non-General Fund Information: Fiscal Years 2006-2012,” some 186 special funds spread across twenty different departments hold an estimated $1,412,357,203 in unspent revenues over and above their operational requirements. In plain language, if the estimates provided by the Department are correct, the state has more than just pocket change stuck in its seats. (more)

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Commentaries

August 2010

China's Free-Market Summer Camp

Li Zhao Schoolland organized the first China Austrian Economics Camp (CAEC) this summer with Northeastern University (NEU) of Shenyang, China. Those teaching about the economics and ethics of free markets included Tom Palmer of the Atlas Economic Research Foundation and the CATO Institute, Fred Foldvary of Santa Clara University, Cris Lingle of Francisco Marroquin University in Guatemala, Kenli Schoolland of the University of Buckingham in England, Zhu Haijiu of Zhejiang GongShang University in China, Dean Peng of Beijing, Jeff Crawford and Ken Schoolland of Hawaii Pacific University, and Li Schoolland. Four of these teachers are members of the Mont Pelerin Society, founded in 1947 by Friedrich Hayek to promote an intellectual resurgence of free market ideas.

(more)

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Commentaries

June 2010

Follow the Money: Eye-Opening Arithmetic

“Aid...” “Help...” “Equality...” These are the kinds of words that make you feel benevolent. After all, it's good to help those in need who may be contending with financial difficulties, cultural erosion, or lack of opportunities. Unfortunately, the kind of help we’re giving often reflects far more on us and the professional granting and charitable industries than anything else. Which leads to the question of whether all those nice, benevolent emotions we’re enjoying help anyone but ourselves. It was to further examine these kinds of questions that the Grassroot Institute of Hawaii launched 4HawaiiansOnly—a Web site and project that examines grants made for the benefit of Native Hawaiians. (more)

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Commentaries

June 2010

Land Use Key to Understanding Real Solutions to Honolulu Traffic Congestion

O’ahu residents can be excused for being confused about the current state of Honolulu’s transportation policy. This mid-size city faces big city traffic problems, and practical strategies to mitigate its economic and social impacts are hard to see in the current transportation policy debate. This is unfortunate because near-term solutions to congestion exist, although it will take leadership and fundamental rethinking of how the city is changing to give them the priority they deserve. (more)

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Commentaries

May 2010

The Big Gamble

The currently pending version of the Akaka Bill promises that the new Hawaiian Government will not have the power to introduce casino gaming to the islands. Granted, that’s a rare moment of specificity in a piece of legislation that is curiously vague on the other powers that the Hawaiian government would have. Will Native Hawaiians be tried for criminal acts under a separate court system? Don’t know. Will they be subject to the same federal and state taxes? Who can say? But at least there will be no casino gambling. (more)

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Commentaries

May 2010

My Experience at Reagan Ranch: Cameron Hughes

Cameron Hughes' is a student that the Grassroot Institute of Hawaii sponsored to attend Young America's Foundation at the Reagan Ranch in Santa Barbara. The following are remarks that Cameron made in his speech delivered on May 31st. The full text of the speech is after the jump. Enjoy. (more)

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Commentaries

April 2010

Hawaii Needs Free Markets, Not “Sustainability”

In Hawaii, one of the latest buzzwords to take policymakers by storm is “sustainability,” and in 2005, the 23rd Legislature of the State of Hawaii established the Hawaii 2050 Sustainability Task Force. The Task Force defined sustainability as the “preferred future” for our islands , in which “systems replenish themselves. They don’t rely on the consumption of economic, social and environmental assets for progress.” Who could possibly be against that, right? But there’s only one problem: That kind of “sustainability” comes at the cost of a government-dictated economy and it is a model whose origins do not come from our island values or founding American traditions. If this vision of sustainability prevails, we are headed for Paradise Lost. (more)

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Commentaries

April 2010

7 Hawaii Economists Issue Letter Opposing Proposed 25 Percent General Excise Tax Hike

Seven local economists released a letter today saying they oppose a proposal by lawmakers to increase the state's General Excise Tax by as much as 25 percent. They are sending the letter to all lawmakers today, including House Finance Chair Marcus Oshiro and Senate Ways and Means Chair Donna Mercado Kim. (more)

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Commentaries

March 2010

Business Owners to Lawmakers: Tax Bills Kill Business, Cause Layoffs, Hurt Consumers and Taxpayers

While dozens of Hawaii’s small and large businesses have closed their doors in recent months because the economic recession has hit Hawaii hard, the majority of Hawaii business owners are struggling to find ways to stay in business and keep their employees by cutting costs, boosting revenue, and attracting new business.... (more)

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Blogs

Rooted in Reason

Grassroot Institute's Official Blog

The Mystery of Hawaiian History

Correcting historical revisionism and misconceptions promoted by the Akaka Bill.

Hawaii Spendometer

How Fast Does The State Government Spend Your Money?

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