shintao
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- Aug 27, 2010
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Is Governor Walker using Fuzzy Math?
1. The deficit is a made-up crisis.
Like most states, Wisconsin is struggling in the recession, but the state government isnt actually broke. The state legislatures fiscal bureau estimated the state would end the year with a $121 million balance. Walker claims there is a $137 million deficit but it is not because of an increase in worker wages or benefits. According to the Capital Times, it is because Walker and his allies pushed through $140 million in new spending for corporate and special-interest groups in January. Nice. A man-made crisis as an excuse to push neoliberal cutbacks: Shock Doctrine, anyone?
2. Even if there was a deficit, blame Wall Street not the workers.
The economy isnt crumbling because state workers in Madison have decent pensions. Its because Wall Street bankers stole our money, Bush and now Obama have us in two trillion-dollar wars, and states like Wisconsin keep spending more on prisons than schools. What do the rich pay? According to the Wisconsin Department of Revenue, corporate tax income has fallen by half since 1981 and over two-thirds of Wisconsin corporations pay zero taxes.
1. The deficit is a made-up crisis.
Like most states, Wisconsin is struggling in the recession, but the state government isnt actually broke. The state legislatures fiscal bureau estimated the state would end the year with a $121 million balance. Walker claims there is a $137 million deficit but it is not because of an increase in worker wages or benefits. According to the Capital Times, it is because Walker and his allies pushed through $140 million in new spending for corporate and special-interest groups in January. Nice. A man-made crisis as an excuse to push neoliberal cutbacks: Shock Doctrine, anyone?
2. Even if there was a deficit, blame Wall Street not the workers.
The economy isnt crumbling because state workers in Madison have decent pensions. Its because Wall Street bankers stole our money, Bush and now Obama have us in two trillion-dollar wars, and states like Wisconsin keep spending more on prisons than schools. What do the rich pay? According to the Wisconsin Department of Revenue, corporate tax income has fallen by half since 1981 and over two-thirds of Wisconsin corporations pay zero taxes.
