tag:blogger.com,1999:blog-3426800777521979578.post5304754352030017901..comments2024-02-20T19:58:27.733-06:00Comments on Jake's Wisconsin Funhouse: Hidden revenue report shows Wisconsin still in the budget ditchUnknownnoreply@blogger.comBlogger12125tag:blogger.com,1999:blog-3426800777521979578.post-57124066541913070892015-01-01T13:16:28.525-06:002015-01-01T13:16:28.525-06:00Makes you wonder about the type of world we would ...Makes you wonder about the type of world we would be living in if Scott Walker were elected POTUS like which national park he would sell off. Hard to believe that this ditch once you strip away all the smoke and mirrors has been dug with a recovering economy in the US as a whole. I remember during the debates that Burke tried to up the issue money troubles with with the short fall in revenue and the growing deficit and Walker just blew it off as something that would naturally take care of it's self. At least in the Jim Doyle days he had a tanking economy to point to with his fiscal woes what do we have now? We got the flim flan man in a cheap suit and a bald spot running a shell game taking in the rubes. We're going to wish we were in Kansas by the time things are done. No disrespect to Kansas they've got their own problems which are very similar to Wisconsin's.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-44473781014412766202014-12-29T15:02:02.803-06:002014-12-29T15:02:02.803-06:00Has the Milwaukee Journal Sentinel weighed in yet ...Has the Milwaukee Journal Sentinel weighed in yet on the report released on 12/23?Zekernoreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-798876823304567422014-12-28T12:07:17.231-06:002014-12-28T12:07:17.231-06:00Good story, Anon. You're describing classic au...Good story, Anon. You're describing classic authoritarian behavior from a "big fish, small ponder" who truly needs the damage to effect HIM to see why it's a bad idea.<br /><br /> And as I mentioned in another post, that type of mentality drives young people with talent out of those communities, making them wither in power and economic growth. The question is "Do they want to fix it, or is the ignorance easier?" Jake formerly of the LPhttps://www.blogger.com/profile/15660401299391001751noreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-27479222465955365252014-12-28T10:07:53.828-06:002014-12-28T10:07:53.828-06:00I'm afraid Bernie is correct about the "I...I'm afraid Bernie is correct about the "It's good Scott Walker did that" mentality. I was recently talking to a neighbor at a local pub. Knowing his political bent I avoided politics until he made the comment that he thought Walker was doing a good job so far. When I told him I would let that go as long as he could come up with a reason for his statement. He just got mad and ignored me. I am rural Wisconsin and it is ignorant out here. This guy is respected in the community and the better portion of the community is the same way. I hope the brick they need to smack them in the head isn't too big because it affects us all even though we didn't vote for it.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-9314956590614125862014-12-28T00:48:39.021-06:002014-12-28T00:48:39.021-06:00Thanks Jake Thanks Jake TJPnoreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-36693060454099317812014-12-25T18:21:46.450-06:002014-12-25T18:21:46.450-06:00Seems like this post grabbed a lot of attention, w... Seems like this post grabbed a lot of attention, which I view more as a reflection of how little the "legit" media is talking about it. And I agree with Bernie that the deficit may be a good excuse for privatization measures and other gutting of services, which is what a certain segment of right-wing world wants.<br /><br /> But there is one drawback in Walker World to this- a huge part of Walker's argument for president will be "see, you can cut taxes, screw unions, and the budget will still be balanced and things will be just fine." And that's where we have to come in and tell the unsuspecting just how false that argument is. Jake formerly of the LPhttps://www.blogger.com/profile/15660401299391001751noreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-2782432188999301842014-12-25T12:41:01.262-06:002014-12-25T12:41:01.262-06:00Hi Jake! I've also tried to study this stuff, ...Hi Jake! I've also tried to study this stuff, and here's what I came up with: http://www.isthmus.com/forum/viewtopic.php?f=35&t=57071&p=774320&hilit=one+stop+shop#p774320<br /><br />,,, also wrote an article in the easiest terms I could cop with for the Wisconsin Media Co-op. It was difficult precisely because the Walker Admin. set it up as a mask behind a mask behind a mask: http://wcmcoop.com/2014/10/20/smoke-mirrors-wisconsins-actual-debt-and-the-fabricated-surplus-and/<br /><br />I emailed this article to WSJ to help them understand what they're missing, perhaps intentionally. Although I was surprised that they finally made the distinction between the Cash Accounting method Walker is using and the GAAP deficit in their December 19 editorial, they still left out all of the other gimmicks Walker is using... Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-74511478471781285992014-12-24T23:37:21.165-06:002014-12-24T23:37:21.165-06:00Im not so sure anyone will "discover" an...Im not so sure anyone will "discover" anything.<br />They will cut slash and burn their way through every program they can find and the faithful will say "Its good that Scott Walker did that!"<br />Meanwhile they will also raise taxes and fees around the margins that will also be framed as sticking it to those freeloaders like those jerks who use our highways for free with their electric cars.<br />Orwell will be laughing.Bernard J. (Bernie) Starzewskihttps://www.blogger.com/profile/00441922671393869604noreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-48874698557353806972014-12-24T23:09:43.789-06:002014-12-24T23:09:43.789-06:00Get ready for huge social services cuts.Get ready for huge social services cuts.James Rowenhttps://www.blogger.com/profile/10203270946492159686noreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-84939939998369274522014-12-24T15:20:09.579-06:002014-12-24T15:20:09.579-06:00HI Jake,
I, like you, was awaiting the "hidi...HI Jake,<br /><br />I, like you, was awaiting the "hiding in plain sight" release of this data. Don't know if the news even made the Capital Times.<br /><br />As I predicted months ago (over at Econbrowser) the restructuring of Wisconsin businesses in the wake of the Manuf. & Farmer's credit is showing up in earnest now. The decrease will only gather speed after the first of the year.<br /><br />Also I don't think the corporate tax revenues are coming back any time soon, as it is part of a secular trend (see Tim Taylor's blog http://conversableeconomist.blogspot.com/2014/12/opting-out-of-us-corporate-income-tax.html) that is slowly eliminating corporate income taxes as a government revenue source.<br /><br />I don't think a $3-$3.5 billion biennial deficit is out of the question come June. It certainly won't be good times for schools, the UW, Medicaid, or shared revenues.<br /><br />But, elections have consequences, as the people of Wisconsin are about to discover.<br /><br />Dr. MorbiusAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-68150579902682059122014-12-24T14:31:52.396-06:002014-12-24T14:31:52.396-06:00That's a big reason I write what I do, Bill. B...That's a big reason I write what I do, Bill. Because there is a whole lot to deal with, and budget geeks like us have a hard enough time getting through it. The average Joe/Jane just sees a number and doesn't know where it comes from or what it means.<br /> <br /> But it's a big deal, because politicians rely on the ignorance of the masses in budgets to sneak things by them. Jake formerly of the LPhttps://www.blogger.com/profile/15660401299391001751noreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-83600365633298828832014-12-24T13:49:24.756-06:002014-12-24T13:49:24.756-06:00Impressively concise but still a lot to absorb. I...Impressively concise but still a lot to absorb. I think people care but don't and/or can't connect the dots. Some of these reports are so obtuse and laden with special language that people give up.Bill Gateshttps://www.blogger.com/profile/11950123112677207704noreply@blogger.com