Ohio's (BSF)Balance Stabilization Fund is fully funded (Rainy Day Fund) to the tune of

$2.7 Billion

Why is the BSF being fully funded bad? If there were ever a time to use the BSF it was during the COVID-19 pandemic to shore up businesses by reducing their tax burden. With inflation - the government is unnecessarily taking disposable income out of the economy and this all helps negatively impact the economy.

Economic Dynamism (based predominantly on business Startups) is way down in Ohio.

Americans are not creating new businesses at the rate that they once did. This is severely impacting the robustness of the economy.

Ohio rebounds more slowly than other States from an economic calamity and its businesses are among the first to fail.

While the Government and government employees are doing great - we did not use Ohio's BSF (rainy day fund) to provide relief to Ohio's small businesses during the COVID-19 down-turn.

According to the Economic Innovation Group there are 20,000 less businesses in Ohio in 2022 than there were in 1992.

Working Ohioans have far more to lose from an economy that is changing too little and too slowly than from one that is quickly adapting and advancing to new frontiers. In recent decades, Ohio's policymakers have ignored signs that the dynamic mechanisms at the heart of our economy were growing weaker. Worse still, policy failures at every level of of Ohio'a government have contributed to the sclerosis that has slowly robbed Ohio of its vitality.

Business Startups were up after the pandemic as one would expect. As many businesses went out of business - new businesses emerged or grew. What we are seeing in 2022 is a 30% decrease from 2021 when COVID-19 was in full stride. While inflation is hurting everyone - it cannot possibly account for Ohio's downturn.

There is no doubt that inflation is slowing the economy. The outlook is not good. But, inflation is not the predominant reason why Ohio never bounced back as quickly as other states under the Trump administration. We are doing poorly because of how the state has been managed. We have fundamental problems with the foundation of Ohio's economy. There is not a lot of opportunity in Ohio because entrepreneurism is dead in Ohio. High taxes, high-amounts of regulation, a very complex statutory code, and a very corrupt and unethically run government all contribute to Ohio's death spiral.

Ohio's Unfunded Pension Liabilities (UPL) is the 4th worse in the nation and 2nd worse by per capita. Ohio's UPL is $429,533,379,709.61

Additionally, the retirement funds have not been audited in years and have been mismanaged to the point that it is reasonable to conclude that the funds have been stolen from. To the tune of millions of dollars. Potentially dwarfing the First Energy Scandal.

Ohio has a gross receipts tax which is damaging to starting a new business when combined with an egregious income tax. TN and TX do not have an income tax.

Opioid Overdose death rate in Ohio is at epidemic levels. Our opioid overdose death rate was 4th in the nation and we were 3rd in over all deaths with 5,204. In comparison Texas only had 4,172 death with nearly three times the population and it being situated at the border. Attorney General DeWine and Governor DeWine is allowing the opioid epidemic to spiral out of control.

Even the Ohio Attorney General admits that Ohio is one of the top 10 worst states in the nation for human trafficking.

Ohio has consistently grown it human trafficking rankings with the Human Trafficking Hotline. In 2019, Ohio was ranked 4th. Experts believe that we are 4th in human trafficking but 1st in child sex trafficking.

Ohio State 2018 expenditures - $69,682, 933,126

Ohio State 2019 expenditures - $71,002, 884,462

Ohio State 2021 expenditures - $81,216, 290,069

Ohio State 2022 expenditures - $88,635, 199,512 - as of June 21, 2022

Spending by the State is out of control with a 20% increase as of half-way through 2022 from 2018. Florida in comparison with double Ohio's population will spend only $101.5 Billion.

Ohio spending so far in 2022 is roughly $7,575 per capita.

Florida's spending for all of 2022 is estimated to be roughly $4,613 per capita. About 40% less than Ohio's spending.

Ohio State 2020 expenditures - $74,555, 258,148

Ohio's violent crime rate is surging - particularly in Ohio's urban cities.

Columbus' homicide rate increases faster than Chicago over the last 2 years.

Nearly 500 people shot in Cleveland since start of 2022

Child assassinated on Ohio Statehouse lawn

Dayton, OH Reported One of the Highest Murder Rates in the US

Ohio is consistently one of the most left States in the United States. People migrate away from Ohio for better opportunities

Ohio has lost 9 Congressional District since 1970. We have went from 24 Congressmen to 15 Congressmen in 2022. We have lost population with Republicans in control mainly due to a lack of opportunities and an overbearing government.

The Ohio Bureau of Worker's Compensation is consistently Overfunded

The Ohio Bureau of Worker's Compensation is consistently overfunded. This means they are charging companies too much money. This harms new Job creation. Currently, the OBWC is about $6 Billion in surplus above and beyond its legal obligations. This has led to stifling job creation in Ohio.