DAILY WISCONSIN

Economy

Resting on the shoulders of giants

BuzzFeed reported late Thursday that Burke’s plan, called “Invest for Success,” includes nearly verbatim passages from the economic development plans put forward by Delaware Gov. Jack Markell in 2008, Ward Cammack of Tennessee in 2009 and John Gregg of Indiana in 2012. Cammack withdrew from his race, and Gregg was defeated. Via Burke jobs plan…

Hungry even in fatter times

….as Shawn Johnson reported: “The structural deficit was larger when Walker took office and larger yet in 2003. Those shortfalls were driven by recessions, however, whereas this deficit has taken shape at a time when the economy was growing.” Via Walker’s Problem: Deficit is Growing while the economy is growing!!! @ Democurmudgeon.

Approaching

Pulitzer-winning Washington Post reporter Amy Goldstein’s JANESVILLE: An American Story, following three families as the GM plant that has sustained their town and their middle class lives closes and they suddenly must reinvent themselves while facing near-impossible choices and a fracturing community, to Priscilla Painton at Simon & Schuster, in a pre-empt, by Susan Rabiner…

6th of 7

What Walker’s leaving out is the 2 ½ years before July 2013, which were awful. Even if you use the inflated monthly numbers, Wisconsin is 6th out of 7 in the Midwest for private sector jobs gained since Walker took office in January 2011 (both in percentage and in total increased jobs). And the updated…

Act 10 as a growth killer

Today’s release of the Bureau of Economic Analysis’ survey of personal consumption expenditures by state would generally be a mundane bit of data. But not this time, because this report offers strong proof that Act 10’s reduction of take-home pay had a negative impact on Wisconsin’s economy, by having the reductions in take-home pay for…

Better off without any of it

Let me see if I have this straight. Back in 2010, economic forecasters expected Wisconsin to create on average, 240,000 jobs over the next four years, while CEO’s from that same period said Wisconsin was on the wrong track? We now know Walker’s wrong-headed reforms had a tremendous adverse effect on the state’s jobs picture…