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Wisconsin economy lags after Walker's spending and tax cuts
The Chicago Tribune ^ | June 26, 2015 | Staff

Posted on 07/04/2015 3:47:12 AM PDT by 2ndDivisionVet

In 2011, new Republican Gov. Scott Walker set the creation of 250,000 jobs as the benchmark for success of his new administration. Walker missed that goal by a wide margin over his first term despite an embrace of sweeping tax cuts aimed at stimulating growth. Instead, the cuts helped dig a more than $2 billion hole in the state budget.

Wisconsin ranked 36th among the states and District of Columbia in the pace of private-sector job growth during Walker’s term, trailing all Rust Belt states and all but one other state in the Midwest.

A PROJECTED SURPLUS TURNS INTO A DEFICIT

JANUARY 2014: Report from the Wisconsin Legislative Fiscal Bureau

The report predicts that by the end of June 2015, the state’s general fund will have a $1.04 billion balance. This estimate is based in part on the anticipation of an $892.7 million increase in tax collections....

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Business/Economy; Culture/Society; Government; Politics/Elections; US: Wisconsin
KEYWORDS: 2016election; chicagotribune; demagogicparty; economy; election2016; memebuilding; partisanmediashill; partisanmediashills; scottwalker; walker; wisconsin
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To: justiceseeker93

The left did that to numerous patriotic newspapers (as part of their long-term culture war) and nobody stepped in to stop them. Our failure to fight them is why we’re in the horrific nightmare we find ourselves in today.


61 posted on 07/05/2015 12:20:06 PM PDT by fieldmarshaldj (Resist We Much)
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To: justiceseeker93

Who to believe? Scott Walker.

Remember, it was Illinois that harbored the law breaking Democrats.

http://www.npr.org/2011/02/17/133847336/wis-democratic-lawmakers-flee-to-prevent-vote


62 posted on 07/05/2015 12:38:53 PM PDT by Brown Deer (Pray for 0bama. Psalm 109:8)
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To: fieldmarshaldj; justiceseeker93

My dog goes to the bathroom on it, that’s all it’s good for now.


63 posted on 07/05/2015 1:11:47 PM PDT by Impy (They pull a knife, you pull a gun. That's the CHICAGO WAY, and that's how you beat the rats!)
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To: Brown Deer; Impy; sgtyork; All
Remember, it was Illinois that harbored the law breaking Democrats.

Yes, I remember those Dem Wisconsin state senators going into Illinois so that the Wisconsin Senate lacked the quorum required to pass the fiscal part of the Walker reform package.

Although what the 'Rats did was shameful, I don't think there was any criminal statute they were violating. Walker in his book makes no mention of any thought of getting warrants to arrest them, but rather negotiated for their return to Madison through intermediaries. I don't know if the 'Rats chose Illinois as their escape place to deliberately make a statement that they were in solidarity with Illinois' state policies, but Walker certainly emphasized the contrast between the Wisconsin and Illinois economies and business climates in his recall election campaign.

64 posted on 07/05/2015 3:16:50 PM PDT by justiceseeker93
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To: justiceseeker93; fieldmarshaldj; BillyBoy; Brown Deer

Oklahoma did the same thing, under rat Governor Brad Henry they harbored Texas State Senators who fled to try and stop GOP redistricting. Shameful.


65 posted on 07/05/2015 3:26:31 PM PDT by Impy (They pull a knife, you pull a gun. That's the CHICAGO WAY, and that's how you beat the rats!)
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To: fieldmarshaldj; justiceseeker93

“Our failure to fight them is why we’re in the horrific nightmare we find ourselves in today.”

When good men do nothing....


66 posted on 07/06/2015 8:15:29 AM PDT by stephenjohnbanker (My Batting Average( 1,000) (GOPe is that easy to read))
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To: C. Edmund Wright
A proper tax cut will ENHANCE the REVENUE side, period. This can be done with or without spending cuts.
Understood. But the last 35 years has shown that we should have no interest in growing government. If we are going to grow the economy through tax policy, and thus increase revenue to the government, we need to have spending cuts so that as much of the growth flows back into private capital markets and not into the government leviathan.
67 posted on 07/09/2015 4:45:26 AM PDT by Tennessean4Bush (An optimist believes we live in the best of all possible worlds. A pessimist fears this is true.)
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To: Tennessean4Bush

Government spending is one side of the equation...but not the side I”m talking about. We have no disagreement on the spending side.

We need both.


68 posted on 07/09/2015 4:47:47 AM PDT by C. Edmund Wright
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