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Wisconsin

Jimbo S

(3,043 posts)

3. Reducing paychecks of 300,000+ state employees

Reply to AleksS (Original post)

Sun Feb 5, 2012, 11:53 PM

Feb 2012

can only compress the state economy. Take 300,000 people and take away $300 spending money each month, with let's say a economic multiplier of around 4, that $360MM a month that's GONE. Some will argue the modest reduction in property taxes will spur spending, but I don't think that makes up for it.

Doesn't our 2.6 GPA Governor have the ability to think through his unintended consequences?

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Highlight:

Can Wisconsin AGAIN buck the trend and lose jobs while the US gains? [View all] AleksS Feb 2012 OP

Walker's policies have moved Wisconsin in the wrong direction. While most of the Country recovers.. Scuba Feb 2012 #1

It's possible when they get their marching orders from ALEC. midnight Feb 2012 #2

Reducing paychecks of 300,000+ state employees Jimbo S Feb 2012 #3

i have a higher gpa than he does! madrchsod Feb 2012 #4