Tag Archives: taxes

Saint Paul to Give $3M to Newborns based on a Study of Less than .5% the Population of the City

Melvin’s Money, by TSN_

Saint Paul, MN–Over the next three years the city of Saint Paul will give $3 million dollars (in $50 allotments) of taxpayer money to newborns in hopes that savings accounts generate college degrees. Giving out money to make progress based on cherry-picked data, that seems legit, and Democratic.

That said, this program is noble, honorable, fantastic, and based on very limited data. CollegeBound Saint Paul, the program in question, appears to rely solely on a singular data set of 1,554 participants from a 2013 study done by the Center For Development Research at Washington University.

MPR recently highlighted CollegeBound Saint Paul in an article titled, “Welcome to the world, and here’s 50 bucks for college“. In light of the limited data and the funding involved, this program should be called TaxpayerBound Saint Paul, to emphasize where the financial gift is coming from: citizens’ pocketbooks.

To clarify, the population of St Paul is 304,442 in 2016; the number of participants in the Center for Social Development’s study was 1,554 in 2013. That means the results of this study make up less than .5% of the population of the very city where this program is being implemented.

For compassion sake, to give children a fighting chance at getting an education is an honorable goal, a very progressive idea, especially done right with much research, scientific method, and proof of positive outcomes. However, to create programs funded with taxpayer dollars on scant information is reckless and poorly thought out.

I will end with this, as with any economic idea, time will tell. The truth will show itself as the aid gives way to the unrealistic promises in expensive programs. Economic ideas that work thrive over time. Economic ideas that do not work go bust, just after the politician that created them leaves office, most likely in 18 to 20 years down the line when we have no recollection of these programs or their champions or their intent in the first place.

St Paul Trash: Vote No!

St Paul Trash: Vote No!

St Paul Trash: Vote No!

St Paul Trash: Vote No

There Is No “Free”?

Trump Policy On Govt Backed Mortgages May Be A Good Thing

St Paul: Instead of Another Major Tax Increase of 17.4%, Just Sell our Private Data to Massive Corporations

Collecting Trash… and Your Data.

08/27/2019–St Paul, MN. With trash on the ballot this fall, November 5th, ordinance 18-39., Mayor Carter has issued a stark warning to his citizens: higher taxes for my mistake.

Astonishingly, this is the first time since taking office Mayor Carter has warned of tax increases, though while in office the taxes in St Paul have risen nearly 30 percent, he usually just makes it happen.

Warning of higher taxes and new (well, old) trash hauling freedoms and personal choice on the line, the only true way to atone this grave mistake of local government is to pay for it by giving out our private data to large corporations.

Perhaps, the city tracks our data through dumpster and electronic chips within them, the data is there currently–and probably already collecting valuable information on each resident of St Paul. This data is of HUGE value to retailers and profiteers, maybe multiple millions.

Our private information could be sold to pay off the $27 million mistake made by Carter and Co., making new taxes unnecessary and saving the city council and mayor countenance while appeasing their constituents.

It’s time to do what other big data companies like Facebook, the DMV, Twitter and Google are all doing: profiting off our personal data. It’s 2019 and the resources and technologies are there already.

The government of the city of St Paul has all that it needs to start benefiting off of its great idea of running trash, why wait? Moreover, profits could also supplement a citywide health care for all program.

Save the tax dollars and put them to our depleted roads and bridges. It’s time to sell the citizens data to pay for your immaculate ideology.

Fake News: St Paul Mayor and City Council to Cost Citizens $27 Million

Does Your Local Government Understand Economics?