Wednesday, September 10, 2014

Walker's Problem: Deficit is Growing while the economy is growing!!!

WPR reporter Shawn Johnson should be thanked for doing what others in the media have decided to glance over, and that is to put the disastrous new projected structural deficit in historical perspective:
“The nonpartisan Legislative Fiscal Bureau calculates the state's structural deficit has grown to nearly $1.8 billion, the third-largest gap reported by the state in the past two decades. The structural deficit was larger when Walker took office and larger yet in 2003. Those shortfalls were driven by recessions, however, whereas this deficit has taken shape at a time when the economy was growing.”
I've also written how Republicans have an immense problem with something called defensive “projection;” it’s where people "defend themselves against unpleasant impulses by either denying (or knowing of) their existence in themselves, while attributing them to others."

Yes, I have a Scott Walker example of projection (audio below):
“These are the people that gave us a $3.6 billion budget deficit, I mean, this is selective amnesia on their part. The bottom line is we inherited something much, much greater than what we're talking about now.”
And as Shawn Johnson reported: 
“The structural deficit was larger when Walker took office and larger yet in 2003. Those shortfalls were driven by recessions, however, whereas this deficit has taken shape at a time when the economy was growing.”
Walker game plan for a possible Deficit? Walker is already running from a solution, and instead wants to hold onto those irresponsible tax cuts for dear life. It beats working:
Walker said he expected those revenues would pick up and brushed off criticism.
State Sen. Jennifer Shilling is asking Walker to show us some leadership:
"I think the governor should be truthful and forthcoming about how his administration would tackle these numbers..." 


Wisconsin Revenues Ratchet Downward...Forever? Republicans can actually benefit from their mistake, as usual, by challenging the possible incoming Democratic governor to “raise taxes” via the repeal of a few damaging corporate giveaways.

Another words, once taxes are cut, it would be political poison to repeal them. Checkmate. 

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