In opposition to Matson rate increase
You are proposing to raise the budget again.
I have been a resident of Oahu 20 years and Kauai 20 years.
As a small business owner with 12 employees, I managed 3 budgets every year.
2 for business and my personal budget.
I am stunned that even though we are nearly the highest taxed state in the country, and for the past 5 years we have been losing record numbers of local families and our workforce.
Surely you can see your constituents suffering, especially on the neighbor islands.
Matson is proposing and 34% increase in shipping.
That is going to slam the breaks on literally every citizen and business in the state.
Even the thousands of Matson employees in the state.
Priming the pump of government spending is what has gotten the state of Hawaii in this mess.
Hawaii’s government size, reach and spending increases every year despite what is happening in the economy.
A business cannot spend more when revenues are down.
In the private sector, if you overspend your budget that more than 2 years, you are fired or your company goes under.
The simplest act of revisiting the Jones Act, will have the largest impact on the state economically.
Literally everything we buy and consume is shipped here.
The Neighbor Islands pay even higher shipping than Oahu.
One of the largest opponents of revising the Jones Act is Matson.
Of course, how else can you ask the commission for a 34% increase?
M. Martin, Poipu