The Economy

The state of Hawaii is in real trouble. This is not just because of the COVID-19 shutdown, but because of decades of one-party rule and bad fiscal choices. The Libertarian Party has been talking about the unfunded liabilities of the State Employee Retirement fund and the medical insurance component of that fund for the last few years. Finally, the general voting public is starting to understand the magnitude of this problem moving forward. Now our economy is in shambles. Tax revenues have dried up. If there was ever a situation that begged for the fiscal responsibility and free-market advocacy of the libertarian movement now would be the time. We are going to have to cut spending, reevaluate our relationship to government employee unions, and allow for new profitable businesses to grow and thrive here.

The state of Hawaii is in real trouble. This is not just because of the COVID-19 shutdown, but because of decades of one-party rule and bad fiscal choices. The Libertarian Party has been talking about the unfunded liabilities of the State Employee Retirement fund and the medical insurance component of that fund for the last few years. Finally, the general voting public is starting to understand the magnitude of this problem moving forward. Now our economy is in shambles. Tax revenues have dried up. If there was ever a situation that begged for the fiscal responsibility and free-market advocacy of the libertarian movement now would be the time. We are going to have to cut spending, reevaluate our relationship to government employee unions, and allow for new profitable businesses to grow and thrive here.