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mojowork_n

(2,354 posts)
Fri May 24, 2013, 12:44 PM May 2013

Turning Wisconsin into the New Greece

Good comparisons made by Lee Saunders, WI AFSCME President:

http://www.huffingtonpost.com/lee-a-saunders/scott-walker-austerity_b_3326111.html?utm_hp_ref=business&ir=Business

Austerity has been nothing short of a disaster for Greece. Rather than encourage growth and produce jobs, it has left the Greek economy dangling on a ledge, threatening to prolong the recession and sending unemployment skyrocketing. While the debt-crisis to this day remains practically unaltered, unemployment rose like a meteor, climbing from 8.9 percent in January of 2009 to 27.2 percent in January of 2013....

....Governor Walker then lavished tax breaks on his friends, the corporations and wealthy who funded his election. What better way to pay them back for all their campaign contributions than to cut taxes on corporations and the wealthy by $2.3 billion over two years, forcing the burden of austerity on the Badger State's working middle class.

When the federal government offered a helping hand, Walker turned back billions in funding for Badger Care and the state's rail systems. Nothing but austerity could produce growth, he claimed.

But in Wisconsin, as in Greece, austerity did nothing to bring about the changes promised. In Greece, unemployment rocketed an unfathomable 18.3 percent in a span of four years. In Wisconsin, the results are similar. In 2010, Wisconsin gained more than 24,000 jobs. A year later, under Walker, it led the nation in lost jobs.



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Turning Wisconsin into the New Greece (Original Post) mojowork_n May 2013 OP
Bootstraps For Sale! postulater May 2013 #1
Nice take on this situation... midnight May 2013 #2

postulater

(5,075 posts)
1. Bootstraps For Sale!
Fri May 24, 2013, 05:27 PM
May 2013

$1M each
OR
$5M for two

Cash only

Send to The Patriots for Walker for Taking Back Wisconsin from Big Gubmint and Selling It To Charitable Organizations Funded by Friends of Sending Walker to Washington in 2016 Association.

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