04-01-2013, 08:59 PM
OK, the bias is obvious in the site, but let's ask factual questions ?
Who does 'create jobs' ? Hint.. it's not governments. Especially not governments in states that are broke. And can't run a deficit. I keep seeing commentary that this Wisconsin fact is a 'repuduation' of Republican attempts to rein in spending at the federal level. Sorry... different economic realities are at work here.
The assumption that the Wisconsin state employee's effective salary reduction of 8% is to blame for the economy of Wisconsin is a bit of a stretch, no ? 2010 private nonfarm employment was 2.3 million. 70K FTE state employees.
http://quickfacts.census.gov/qfd/states/55000.html
http://www2.census.gov/govs/apes/11stwi.txt
Back of the envelope calculation says it's about a .25% effect on the economy of wisconsin.
How does that add up ?
Who does 'create jobs' ? Hint.. it's not governments. Especially not governments in states that are broke. And can't run a deficit. I keep seeing commentary that this Wisconsin fact is a 'repuduation' of Republican attempts to rein in spending at the federal level. Sorry... different economic realities are at work here.
The assumption that the Wisconsin state employee's effective salary reduction of 8% is to blame for the economy of Wisconsin is a bit of a stretch, no ? 2010 private nonfarm employment was 2.3 million. 70K FTE state employees.
http://quickfacts.census.gov/qfd/states/55000.html
http://www2.census.gov/govs/apes/11stwi.txt
Back of the envelope calculation says it's about a .25% effect on the economy of wisconsin.
How does that add up ?