In with the Good, Out with the Bad

Tuesday was a big day for pro-growth small business governors.

Let’s begin with the Cato Institute’s Fiscal Policy Report Card on America’s Governors 2014 by Nicole Kaeding and Chris Edwards. In their report, only four governors received an A grade. Two of them were fighting for their political lives on Tuesday and both won: Sam Brownback, KS and Paul LePage, ME. This is a major score for small businesses, and it sends a message to other Republican governors that smart tax reform is a winner.

The right size for government is smaller—a lot smaller.

Six of the eight governors scoring F grades were up for election. Two of the six seats are now Republican and one is too close to call. Democrat/Socialist Pat Quinn (F) of Illinois is out, and Charlie Baker won in deep blue Massachusetts (Deval Patrick got an F but did not run). And John Hickenlooper another F (too close to call) could be out of a job in Colorado.

All in all it was a big day for small businesses and pro-growth reformers at the state level.

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E.J. Smith - Your Survival Guy

Preparing your investments and family for when disaster strikes.

E.J. Smith is the Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention. E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@youngresearch.com. Sign up here to receive all the best content from Richardcyoung.com each week.