Showing posts with label Structural Deficit. Show all posts
Showing posts with label Structural Deficit. Show all posts

Thursday, September 18, 2014

Wow! Republican State Sen. Scott Fitzgerald brags "Any shortfall created by a tax cut is fine."

Facing a possible $4 billion deficit, using the same kind of math Scott Walker has is using to bash former Gov. Jim Doyle and Mary Burke, Republicans are now starting to work into their rhetoric the benefits of deficits. Believe it or not.

The Mic 92.1's Devil's Advocates show got this "Dick Cheney" like response about deficits from Sen. Majority Leader Scott Fitzgerald, and how they don't really matter much. Even worse, he was speaking for Scott Walker, who would say deficits caused by tax cuts are better than your everyday kind of deficits...basically.
Fitzgerald: "He's gonna say it's a deficit created by tax cuts, that's a much different situation than what we had...Any shortfall created by a tax cut is fine."
Bush and Cheney pushed this same supply side accounting logic, and how did that turn out? $7 trillion in additional debt and counting (war/veterans costs continue).



Fitzgerald's comment is at about the 30 minute mark at the Devil's Advocates podcast site.

Tuesday, September 16, 2014

Burke hits gold in Walker Deficit Hole.

The Walker "hole" ad was truly an election year gift to Mary Burke, not just bloggers.

My own take pictured here was just the beginning. The Burke campaign decided to mine their own  gold out of Walker's dig.
WisPolitics: Dem guv candidate Mary Burke's campaign today announced a new TV ad using footage from Gov. Scott Walker's latest spot. The Burke ad begins with a clip of Walker saying in an ad, "It's a lot easier to dig a hole than to get out of one."

"But hold on -- it was Gov. Walker who got us here. His tax breaks for the wealthy helped create a $1.8 billion deficit ... and Wisconsin hit rock bottom in Midwest job growth."

"Gov. Walker, please stop digging," the ad concludes.
Even my conservative friend in Milwaukee was stunned by Walker's decision to run something so inviting to his opponents. He by the way thinks Burke's "Reagan" ad was a powerful statement. Take it away Mary Burke.

Saturday, September 13, 2014

Walker's new ad a Gold Mine for Bloggers...

Did he really NOT know his recent ad was bad idea?

Seriously, it didn't take long for me to throw this honest depiction of Walker economics together with a simple screen capture:

Why is this man smiling?



















Heck, here's a few images...get creative:

Come on down...?