Conservative
Type 40
Hell of a way to thank the man who saved your city... run against him in a recall.
Walker’s Reforms: Good Policy, Good Politics - By John Fund - The Corner - National Review Online
As for the overall effect of the Walker reforms?
Walker’s Reforms: Good Policy, Good Politics - By John Fund - The Corner - National Review Online
Take Milwaukee, where Barrett is the mayor. Even he has acknowledged that the reforms in Act 10, Walkers early 2011 budget-repair bill, enabled his city government to balance its budget. Walkers cuts in state aid to the city cost it $14 million, but it was able to come up with $30 million in savings, of which two-thirds came from the budget-repair law. The law required employees to pay a larger share of their insurance premiums, and it also made it easier for the city of Milwaukee to switch to more cost-efficient health-insurance plans.
As for the overall effect of the Walker reforms?
Now a new study by the Beacon Hill Institute, a public-policy think tank based at Bostons Suffolk University, has quantified just what the savings have meant for the economy. Its economic simulation found that Act 10 has reduced the tax burden Wisconsin residents would have had to pay by nearly a billion dollars. The ability to avoid those tax increases had positive economic effects. The Act has saved between 15,400 and 20,500 public and private jobs that would otherwise have been lost, the report concluded. [It also saved] between $185 million and $350 million annually in private investment and between $760 and $1.030 billion in real disposable income.