Higher business rankings have nothing to do with everyday citizens. It reflects the size and breadth of corporate welfare and deregulation. It’s not exactly “free market” stuff here, since the Walker administration is merely purging the old system and replacing it with regulatory protections...for big business.
Wisconsin ranks as the 32nd best state for business according to Forbes Magazine … Last year it ranked 41st.
Of course, the ranking has nothing to do with an actual increase in jobs or businesses. It has everything to do with corporate tax cuts, lower wages, irresponsible deregulation, and whatever it is that they call “economic climate.”
The ranking is based on performance in six categories — business costs, labor supply, regulatory environment, economic climate, growth prospects and quality of life … the state ranking 18th in the future growth category. Wisconsin has improved its ranking in the regulatory and economic climate categories.
There’s one category we’re losing ground on fast, quality of life. You’d think with concealed carry and cuts to education we’d be headed in the other direction, but…
Its business costs and labor force rankings remain about the same as in past years. It's quality of life ranking has fallen from the top 10 in several previous years to 17th.