Great news to start the weekend! #WIWorking @WisconsinMC @WEDCNews @IBMadison @MKEBizJournal @WisBusiness @badgerinstitute @CROWE_UW @BizTimesMedia @js_biz pic.twitter.com/snunucAq2p
— Wis Dept of Revenue (@wi_revenue) June 22, 2018
Sounds pretty good, right? But why is the taxpayer-funded Wisconsin Department of Revenue using their account to tweet it out? That doesn't have anything to do with helping collect taxes from Wisconsinites or give them information about refunds.
And the bigger tell is the @ symbols. A whole lot of right-wing GOPper-ganda outlets in Wisconsin and other paid liars. It's clearly done to cause a "Human Centipede" situation where this GOPper-ganda is catapulted forward into social media and other outlets that those groups are associated with. Then if things go right (wing), the "legitimate" media might report it without any context, and the average dope might believe Wisconsin is doing well, which should help Scott Walker in the November elections.
The strategy is cynical enough, but here's the bigger prpblem. Wisconsin didn't do well in income growth in the 1st Quarter of 2018.
If you look at Thursday's report from the Bureau of Economic Analysis, Wisconsin's 4.0% annualized growth for the 1st QUarter of 2018 isn't all that special.
That 4.3% places Wisconsin 30th in the US out of the 50 states, and is a decline from the Q1 2017 increase in Wisconsin of 8.1% (Q1 often has large one-time increases because of COLAs and other Jan 1 adjustments, which are multiplied by 4 for Q1 because it's an ANNUAL rate of change).
Also, notice that the states around Wisconsin have bigger numbers than us? It means we ended up 6th out of the 7 Midwestern states for Jan-March 2018 when it came to income growth.
Midwestern income growth Q1 2018 (annual rate)
Ind. +5.5%
Mich +5.4%
Iowa +5.0%
Ill. +4.9%
Ohio +4.7%
Wis. +4.3%
Minn +4.0%
And if I may pick a cherry, that stat looks even worse if you look at the last 2 quarters. I'm not going to annualize this, so double it up if you want to get an approximation for that.
Midwestern income growth, Q3 2017- Q1 2018 (total change)
Minn +2.96%
Ind. +2.57%
Mich +2.39%
Iowa +2.34%
Ill. +1.62%
Ohio +1.60%
Wis. +1.41%
This is the context that the Walker Administration doesn't want you to know when they send out that tweet, they just want to you nod and stupidly accept that "it's working." In reality, it means we are falling behind our neighbors in another economic stat, and given that we lost more jobs than any other state in the nation in the first 2 months of Q2 2018, do you think we're going to look much better when this report next comes out in Septemnber?
Look, the GOP hacks in charge of these Twitter accounts are desperate to keep their phoney-baloney jobs (remember, Walker changed all these gigs to appointed positions). But that doesn't make it OK to spread campaign propaganda on our tax time. Especially when it tries to dress up bad news as good news.
I happened to find the online article that TA Jake and the rest of us have been searching for as far as why unemployment rates are supposedly lower than Minnesota even as Wisconsin lost the most jobs over the last few months of all stated. The answer supposedly is that unemployment rates aren't created equally(no kidding right!), but nobody was able to find a good analysis article of how this could possibly be. Jake has been beating around this bush for quite a while now in fact. I think he will have a field day with this article!
ReplyDeleteHopefully I've allowed the suspense to build long enough where the reward, spoken in basic wording, will finally put this to rest. I first found this article(these were written back in December so they aren't new but you need to ask yourself a simple question which is: what has REALLY CHANGED from when this was published? First look at article: northstarpolicy.org/minnesota-job-growth-is-strong-considering-its-low-unemployment which in the great notes at the bottom takes you to your "big reward":
Northstarpolicy.org/when-equal-unemployment-rates-are-not-equal
Now you all can rest in peace! How did we all miss these articles for six months??