Wednesday, June 7, 2017

Walker's Wisconsin: Four more years of lost jobs in manufacturing, lower wages, and bad roads/construction delays, etc.....

I don't think Scott Walker has gotten the message yet...think he will now? Na!
Manufacturing employment last year posted declines in 28 states, including a sharp drop in Wisconsin ...Wisconsin’s manufacturers lost 3,784 jobs in the period from December 2015 to December 2016, a drop of 0.8%, which was far steeper than the national average in the sector. 

The decline in factory employment is all the more baffling after the Republican-controlled legislature, with Walker’s support, enacted a deep tax cut ... took full effect in 2016. The Manufacturing and Agricultural Credit slashed the effective rate of state corporate taxes for all Wisconsin-based manufacturers to nearly nothing — from 7.9% to 0.4%.
The Walker manufacturing renaissance ain't happening, despite the outpouring of praise from bullshitting CEO's who predictably stroked Walker's ego for his "bold" tax cuts.
Average weekly private-sector wages in the state declined 0.6% last year, led by a 5.3% plunge in manufacturing wages.
Remember when Walker trashed the minimum wage because as governor he wanted people to get jobs that paid higher wages instead? What if wages don't get much higher? No plan.

The Journal Sentinel put together this truly telling piece:

The latest QCEW numbers should put a stake in the heart of Walker's reelection hopes.
Private-sector job growth rate of 0.5 percent was less than half the national average of 1.2 percent, putting the state 33rd in the national rankings for the second-straight year.
Put another way, according to the Journal Sentinel:
The 2016 data were the worst for Wisconsin since the current expansion began, following the severe 2008-'09 recession. The 2016 data also were the worst of the six years since Gov. Scott Walker took office in 2011.

The US created private-sector jobs at a rate of 1.3% in the latest 12-month period, more than double Wisconsin's 0.5% increase.

Among Midwest peer states, as measured in overall job growth, Wisconsin ranked 33rd behind Michigan (No. 15), Minnesota (No. 18), Indiana (No. 24), Pennsylvania (No. 28) and Ohio (No. 31), and ahead of Illinois (34) and Iowa (41).
Like a broken record, Walker's got nothing but the low unemployment rate to brag about, a gift from the Obama administration. But we're still "growing"...ever so slowly:
Wisconsin’s unemployment rate consistently has trended below the national rate for more than 30 years. "The bottom line is Wisconsin's economy is growing and adding jobs,” Workforce Development Secretary Ray Allen said in a statement.
Dane County, Madison Liberals to the Rescue: Democratic politicians in Dane County must be doing something right...
Dane County, which includes Madison and its technology spin-off industries, reported the state’s lowest jobless rate in April at 2.1%. Unemployment was worst across northern Wisconsin.

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