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Wisconsin Economy Falls to 49th in Economic Outlook Under Scott Walker
http://nationalmemo.com ^ | 7/6/2015 | Seth Perlman

Posted on 07/06/2015 10:10:32 AM PDT by conservativejoy

Governor Scott Walker (R) is a Conservative hero with a record of taking progressives and unions in a state that went for Obama and beating them twice. He's cut government, taken away worker protections, supported government-mandated ultrasounds and empowered the private sector, making him the Republican insiders’ favorite for the 2016 GOP nomination.

His only problem is, his economic policies continue to fail — miserably.

The Federal Reserve Bank of Philadelphia has ranked the Badger State 49th in its 50-state Leading Index report for April. With an index rank of -0.74 percent, Wisconsin was one of only five states to show contraction.

Experts do not read much into one month’s data. This index — which factors in average manufacturing hours, unemployment, wage trends and building permits — often shows a wide margin of error. The state has been especially rocked by the national decline in manufacturing.

However, Walker doesn’t really have any positive economic data to point to. Since he took office, his state has fallen from 11th to 44th in job creation. Wisconsin’s wages are also declining at twice the national level.

Walker’s new budget — which reads more like a campaign document than a plan to create jobs — offers a tax cut that mostly benefits the rich and sucks public funds into private ventures, in the form of school vouchers.

The governor is also rejecting Medicaid expansion and using the Affordable Care Act exchanges to kick 87,000 Wisconsinites off his state’s Badgercare program.

Meanwhile, his promise of creating 250,000 jobs looks less and less likely to happen.

Austerity seems to work about as well in America as it does in Greece. Maybe losing the recall was the best thing that could have happened for Wisconsin’s progressive movement. Walker’s job creation record is speaking volumes about attacking the institutions that helped create America’s middle class.

Link to National Memo


TOPICS: Society
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1 posted on 07/06/2015 10:10:32 AM PDT by conservativejoy
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To: conservativejoy

Did I read in it’s “for April”?


2 posted on 07/06/2015 10:13:57 AM PDT by A_Former_Democrat (The First Amendment = Freedom of Religion = Religious Liberty = Applies to Everyone)
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To: conservativejoy

More left wing talking points. Wisconsin is doing much better than it did under Disaster Doyle, especially during the 2009-11 period.


3 posted on 07/06/2015 10:14:13 AM PDT by Thunder90 (All posts soley represent my own opinion.)
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To: conservativejoy

Take a look at that site.

That appears to be a pretty hard left source.

Praise for the girl scout moral stance on gay marriage.

The Ferguson report.

The wonders of Barbara Boxer.


4 posted on 07/06/2015 10:14:36 AM PDT by cripplecreek (Sad fact, most people just want a candidate to tell them what they want to hear)
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To: conservativejoy

Interesting magazines you read there c’joy.


5 posted on 07/06/2015 10:15:28 AM PDT by bkepley
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To: conservativejoy
Pathetic.

Posting leftist crap on FR because you think it will help your candidate.

Pathetic.

6 posted on 07/06/2015 10:16:14 AM PDT by Lakeshark
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To: conservativejoy

lies, damn lies, and statistics.


7 posted on 07/06/2015 10:16:38 AM PDT by glorgau
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To: conservativejoy
The Federal Reserve Bank of Philadelphia

*a wholly-owned subsidiary of The Barack Obama Administration-Hope n' Change, LLC


8 posted on 07/06/2015 10:21:58 AM PDT by Buckeye McFrog
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To: conservativejoy

Time for the left to go after Walker. He’s the next to announce. In a couple of weeks, they will be bashing Kasich.


9 posted on 07/06/2015 10:22:02 AM PDT by Old Retired Army Guy (frequently.)
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To: glorgau

No author is mentioned, but did you catch this above the title? “@LOLGOP” That says it all.


10 posted on 07/06/2015 10:23:32 AM PDT by Fungi
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To: A_Former_Democrat
"Wisconsin’s wages are also declining at twice the national level."

Since the Feds say that wages are (anemically) up, what kind of math does one use to come up with a comment like that? Mr. Pearlman should call his 7th grade math teacher and ask for a summer remedial tutorial.

11 posted on 07/06/2015 10:25:58 AM PDT by cookcounty ("I was a Democrat until I learned to count" --Maine Gov. Paul LePage)
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To: A_Former_Democrat; All

The data used is solid and supported from multiple sources. Fox Business Network has even discussed this. Wisconsin is losing its middle class at an alarming rate.

I believe solid conservative economic policies work, but when neighboring Democrat run states are outperforming Wisconsin at every level, I have to question whether those sound conservative policies are being applied in Wisconsin.

Nationally, we can’t take another hit to the middle class.


12 posted on 07/06/2015 10:27:27 AM PDT by conservativejoy (We Can Elect Ted Cruz! Pray Hard, Work Hard, Trust God!)
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To: cripplecreek

This guy always posts crap like this from uber liberal sites about Walker.
Not sure what his problem is.


13 posted on 07/06/2015 10:36:36 AM PDT by Zathras
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To: Lakeshark

When national publications have been reporting for months, bad economic numbers for Wisconsin, I think we need to examine a little further whether it is a good idea to take this nationally.

Bloomberg, Forbes, Real Clear Politics, Politico, The Hill and numerous others, including Fox Business network have been reporting on Wisconsin’s dismal economic record.

I think we ignore it at our peril. Anyone can google this stuff and verify it.


14 posted on 07/06/2015 10:38:03 AM PDT by conservativejoy (We Can Elect Ted Cruz! Pray Hard, Work Hard, Trust God!)
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To: conservativejoy

Post something positive for YOUR candidate. Don’t trash a conservative candidate....trash Hillary all you want. The last thing we need to do is bash someone who is one step beneath Cruz.
I will vote for Cruz in the primary but I can and will vote for Walker in the general if the winds move in that direction.

Trash JEB or Rubio.....they won’t get my vote no way, no how.


15 posted on 07/06/2015 10:38:23 AM PDT by Vaquero ( Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Zathras

Well, when the campaign heats up and the debates begin, I hope it won’t upset you too much when Walker is called on his economic record. Without a doubt, he will be.


16 posted on 07/06/2015 10:40:04 AM PDT by conservativejoy (We Can Elect Ted Cruz! Pray Hard, Work Hard, Trust God!)
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To: conservativejoy
Anyone can see that you're posting leftist crap with this article.

I've asked this of you before, were you once the poster formerly known as pissant?

If not, you're being just as much a horses ass as he was.

Please stop. I'm a Cruz guy, but you're doing the work of the left here, not helping Cruz one bit.

17 posted on 07/06/2015 10:40:25 AM PDT by Lakeshark
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To: Vaquero

I post plenty of positives for Cruz. I don’t think we can responsibly ignore the record of anyone. These issues will be brought up during the campaign whether we like it or not.


18 posted on 07/06/2015 10:43:27 AM PDT by conservativejoy (We Can Elect Ted Cruz! Pray Hard, Work Hard, Trust God!)
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To: Lakeshark

I have no idea who you are talking about.

I don’t understand the attitude of ignoring the record of someone running for President. That has not worked out well for us.

There are too many economic indicators from too many sources to just ignore that there are problems. But if you wish to do so, that is your right.


19 posted on 07/06/2015 10:46:51 AM PDT by conservativejoy (We Can Elect Ted Cruz! Pray Hard, Work Hard, Trust God!)
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To: conservativejoy
You know exactly what I'm talking about.

Just stop.

Posting leftist crap here against a candidate who isn't your favorite, thinking it helps your candidate is despicable.

20 posted on 07/06/2015 10:54:03 AM PDT by Lakeshark
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