Jobs? Oh, I left them in my other campaign promise. |
Wisconsin will add private-sector jobs over the next two years, officials predict, but not at a pace that will help Gov. Scott Walker hit his goal of 250,000 new positions during his first term.So even the anemic job numbers that Wisconsin has is attributable to President Obama, hampered by Walker's increase of unemployment and the consequential low demand increasing the downward spiral.
The quarterly Economic Outlook for June 2012, released Wednesday by the state Department of Revenue, says the economy here continues to recover but at a slower pace than in previous months.
Wisconsin employment is predicted to grow 1.0 percent in 2012 and 1.7 percent in 2013 but will not return to pre-recession levels until early in 2015, the report forecasts.
The forecast shows Wisconsin adding 121,000 private-sector jobs between now and the 2014 gubernatorial election. Combined with previous job growth of some 30,000, that would still leave Walker about 100,000 short of his target.
“The state economy followed the national economy into the recession and it will exhibit a similar pattern into the recovery,” the report says. “Anemic demand, high unemployment, tight credit and a sluggish housing market restrain the recovery.”
But like I said, it's something we've known for some time now.
What hasn't been reported nearly enough is that the state's jobs numbers would have been better off with a rancid potato in the governor's chair:
Scott Walker's promise to create 250,000 jobs by 2015 may not be as crazy as some claim. But it also may not be as bold as the county executive says, either.Just more proof that Walker has turned the state around, but just not for the better.
The winner of the governor's race this year should benefit during the first two years of his term from what state economists are already projecting to be a significant rebound from the jobs lost during the Great Recession.
Add even modest growth during the final two years, and the next governor could be in the neighborhood of 250,000 more jobs over his first term without doing much to change the state's business climate.
Waiting to see the official BLS stats out on June 26th and just how badly Walker lied about his job creation.
ReplyDeleteThe Walker camp will be dropping the "L" and simply be using BS statistics from now on.
Delete121K new private sector jobs over two years? That's the best laugh I've had in days. The economy is already beginning to tank again, the Federal Reserve is out of ammunition and Wisconsin is in worse shape right now than when we began recovering from the Bush bust.
ReplyDeleteAnd what's the big problem in the economy right now? Lack of demand. But how can that be? States have been cutting budgets, jobs and services like crazy...oh, right. Never mind.
No doubt another round of Republican leechs bleeding the patient is in order, along with more tax cuts for the rich. Ka Ching!
My solution - grow food in your backyard.
ReplyDelete- Suzymetta4
Been doing that for sometime. Let us hope conservatives don't make that illegal next.
DeleteBoy when Goldman Sachs says "Sell" people sell.
ReplyDeleteWouldn't it be nice to have a financial market rather than a casino?
Good news for Mitt Rmoney! Walker's Wisconsin already in compliance with latest Rmoney campaign tactic. Walker notified that bad news is really good news by the Rmoney brain trust.
ReplyDeleteMitt Romney’s presidential campaign asked Florida Governor Rick Scott to tone down his statements heralding improvements in the state’s economy because they clash with the presumptive Republican nominee’s message that the nation is suffering under President Barack Obama, according to two people familiar with the matter.
Mitt Rmoney also announced that while he has never been a governor, he knows a few friends that own some of them. He says that his wife Anne is shopping for one to buy the family as a gift and tax writeoff.
Next week Scott Walker will announce he likes firing people who work for him (and not the state). This is likely to happen whether or not Walker is indicted.
Hope those who voted for him have buyers remorse soon!
ReplyDeleteThose who voted for him are brainwashed beyond help. They have no clue they just voted against their own best interest.
ReplyDeleteIf (prayerfully) John Doe comes up with an indictment, maybe they'll realize that Walker isn't in anybody's best interest.
DeleteHe's the cockroach in a Raid commercial.