Perhaps Walker wanted a bigger deficit ... Presidential politics ? Draconian reaction ... if he does it will make "conservatives" love him. Everyone will forget he can't create jobs or grow the state's economy
1/1/2015 - MJS:
The myth of Scott Walker as a budget guru
... It’s hard to deny the numbers. Since Walker took over, revenues have consistently come in less than expected due to a combination of below average job and wage growth, a sluggish state economy, and his arguably reckless $2 billion in tax cuts. Estimates now put our state budget at a $2.2 billion deficit. Walker has tried to dismiss the number as unrealistic because it’s calculated using agency requests and the agencies always end up with less than what they requested. But that’s an oddly hypocritical stance given that the apocryphal $3.6 billion budget deficit he always crows about balancing was calculated the very same way. ...
... The process is ingenious in an underhanded kind of way. You see, if government is working smoothly and efficiently, it’s difficult to make the case that cuts need to be made. As the old adage goes, if it ain’t broken, don’t try to fix it. Republicans now realize that first you need to swing a bat at the government’s knees and cripple it before you’re allowed to put it down. If it isn’t broken, well then, break it yourself. But how do you break government without the public blaming you for being the problem? Well, that’s easy: you starve it with tax cuts. ...
... and more unrealistic games by the GOP on the National level
In practice, these models are political statements. They show the biggest economic effects by assuming that tax cuts are financed by unspecified future spending cuts. The smaller size of government, not the tax cuts by themselves, largely drives the models’ results.
#HiddenAgendaWalker WI 1848 Forward: # MJS : Gov. " #HiddenAgenda " #Walker - Purpose of " #Budget #Deficits " 2015
Gov. "Hidden Agenda" #Walker - Purpose of " #Budget #Deficits " 2015- #LFB 1/23 - Wisconsin budget deficits bigger