A scorched earth policy is the easy way to balance a state budget. But is "easy" what Wisconsin voters wanted? There is no ideological proof a strict conservative policy would ever work in the real world. Not anywhere. And guess what, it isn't working. Taking money out of state workers pockets, who pay state taxes and spend locally, never did make any sense. But the budget is balanced? It isn't, and more cuts have already been suggested.
Gov. Scott Walker’s economic policies have caused so much job loss that Wisconsin is trailing the national pace of job creation. That’s brought home by a new report from IWF, The Price of Extremism: Wisconsin’s economy under the Walker administration.
If only Wisconsin had matched the national pace of job creation since April, about 34,000 more families would have a breadwinner with a full-time job, the report says.
Wisconsin lags the national economy because of Walker’s “cuts only” approach to budgeting. His policies have pulled billions of dollars out of the state economy, the worst possible action he could have taken during a difficult economic period.
Walker’s cuts include:Cuts in state aid for important programs at the state and local level, Cuts in aid to low-income families, Cuts in take-home pay for hundreds of thousands of public employees, Rejections of federal dollars.The indirect ripple effects of these policies will alone cause the destruction of about 18,000 full-time jobs, according to IWF’s economic simulations. The report also includes estimates of the impact on a number of individual counties.