Staying the Course to Economic Stability

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It was certainly disappointing to see Gov. Linda Lingle, despite promises to resist tax increases, sign the conveyance tax increase into law with little or no acknowledgment that the increase will, in fact, raise the cost of affordable housing in Hawaii as well as the overall cost of living.

Perhaps it is the exuberant economy that has blinded state leaders to the fact that Hawaii continues to be a fragile economy subject to the whims and wishes of the global marketplace. How soon lawmakers and government officials seem to forget the difficult economic days of the past decade when community leaders searched for ways to “kick start” and “jumpstart” the economy.


Do lawmakers remember how they wished they could have enacted bigger reductions in state income taxes but couldn