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Saturday, January 31, 2015

Jake's Economic TA Funhouse: Walker's Wisconsin borrows just like they do in DC


What's a billion here or there or 250,000 (NOT) jobs or anemic growth (esp. compared to MN - Why?)

Remember the 2014 piddly property tax break you got -- rhetoric !

Economic TA Funhouse: Walker's Wisconsin borrows just like they do in DC


And despite Walker's brown bag campaign of 2010 that claimed state government shouldn't spend more than it takes in, his four years in office show otherwise. If you look at the recent history of the state’s indebtedness, General Obligation debt has leveled off in the last two years, but is still higher than when Walker took over in early 2011.

Outstanding G.O. debt, Wisconsin 
Dec 2009 $6.223 billion
Dec 2010 $6.823 billion
Dec 2011 $7.379 billion
Dec 2012 $8.015 billion
Dec 2013 $8.028 billion
Dec 2014 $7.857 billion (according to last bond disclosure)

WI 1848 Forward: Jake's Econ TA Funhouse: #Walker borrows just like they do in DC-Debt up > $1 Billion since 2010 http://wi1848forward.blogspot.com/2015/01/jakes-economic-ta-funhouse-walkers.html?spref=tw

WI 1848 Forward: Jake's Economic TA Funhouse: #Walker > What's a billion here or there or 250,000 (NOT) # jobs  http://wi1848forward.blogspot.com/2015/01/jakes-economic-ta-funhouse-walkers.html?spref=tw

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