Feb 18, 2011 at 10:46 pm #1269374
It will be interesting to see how this plays out.
Just one of thousands of news articles:
The Unions, state workers, and Democratic officials are willing to concede to the budget cuts as long as Walker doesn't destroy collective bargaining. Walker is conceding nothing.Feb 18, 2011 at 10:50 pm #1698631
Is it true you had a balanced state budget, then they recently passed a bunch of spending and tax cuts, now there's a budget crisis?Feb 18, 2011 at 11:30 pm #1698636
From memory, I wanna say that Wisconsin's deficit now is about $137 million. From what I know, we're on track to having a $3.6 billion dollar deficit in two years. Walker's plan will supposedly save $300 million in that same two year time. That's only 8% of the deficit! What is planned for the other 92%?
Edit: fixed current deficit numberFeb 18, 2011 at 11:34 pm #1698639
@b-g-2-2Locale: Silicon Valley
Travis, you should write them a check to cover it.
–B.G.–Feb 18, 2011 at 11:37 pm #1698641
But how would I pay for any new gear!?Feb 18, 2011 at 11:50 pm #1698642
8 million in cut backs=100 million in spending=deficit reduced by 1 million over 10 years.
Printing trillions of dollars only goes so far… soon a pack will cost 3 times as much as a loaf of bread. downside, loaf of bread will be 9 million dollars.Feb 19, 2011 at 12:13 am #1698648
I looked into it further…mind you that I'm tired, and its late, and my "research" consisted of reading a few news articles. So, I can't be for certain what I'm about to say.
Apparently, our budget was pretty balanced. In January, Walker quickly doled out $140 million in tax breaks to huge corporations, including Walmart. This was done to create the basis for this new bill which attacks the unions in an attempt to cut spending and balance the budget.
People are claiming that Walker "invented" our $140 million deficit to propagate the Republican agenda.
Again, I've not had the time to really look into these claims, so if anyone comes up with more solid information, please let me know.Feb 19, 2011 at 12:19 am #1698649
move to canada, we have jobs, money, we speak English (except for some province of Quebec or something) and A LOT of space outdoorsFeb 19, 2011 at 12:37 am #1698655
Ben 2 WorldBPL Member
@ben2worldLocale: So Cal
$140 million would just be rounded off here in the Not-So-Golden State!! No thanks to our ineffective 'governator', our dysfunctional legislature, and our "gimme gimme" electorate — California's budget deficit is around $25.4 BILLION!! Yes, that's $25,400 million. No one here would bat an eye over $140. We have more people here, of course, but even taking that into account, we've got one heck of a mess.Feb 19, 2011 at 12:42 am #1698656
Ben, California's deficit is about half of what Canada's is.Feb 19, 2011 at 12:57 am #1698661
Ben 2 WorldBPL Member
@ben2worldLocale: So Cal
And California has more people than Canada! However, it's probably 'unfair' to compare a state's deficit against a national deficit…Feb 19, 2011 at 1:29 am #1698663
Regarding the earlier claim that Walker invented the crisis:
Crazy. I'll be following the news…Feb 19, 2011 at 6:19 am #1698685
Weekly Standard is conservative by the way
It says the deficits are due to legislative actions recently taken
But it's confusing whether those actions were prudent or optional
This is a good example of how confusing politics is right nowFeb 19, 2011 at 6:34 am #1698689
One other thing I heard
The public employees are willing to negotiate on wages and pension and health care
But the governor insists that the union be eliminated
Another thing is that the police union supported Walker in his election and coincidently he doesn't insist that they give up their unionFeb 19, 2011 at 6:38 am #1698690
Here in Oregon and I suspect in California they made agreements about pensions
They made unrealistic assumptions about how much the pension fund would increase from investments
This worked fine in the 1990's – a great bull market period
In the 2000's the stock market hasn't gone anywhere and real estate has dropped 50% from speculative bubble peaks, so pension funds are now in trouble
It's going to be painful getting out of this problemFeb 19, 2011 at 6:57 am #1698692
Here's a progressive news article citing the same report that says Walker did indeed drum up a crisis.
Two opposing parties using the same "facts" to prove their point. Hmmmm, time for a read of this report myself.Feb 19, 2011 at 7:22 am #1698698Feb 19, 2011 at 8:02 am #1698709
On the bottom of page 1 it says
"Our analysis indicates that for the three-year period, aggregate, general fund tax collections will be $202.8 million lower than those reflected in the November/December reports. More than half of the lower estimate ($117.2 million) is due to the impact of Special Session Senate Bill 2 (health savings accounts), Assembly Bill 3 (tax deductions/credits for relocated businesses), and Assembly Bill 7 (tax exclusion for new employees)."
So, more than half of the deficit is caused by recent billsFeb 19, 2011 at 11:41 am #1698770
Watch video #4. Its about 35 minutes long and has a lull after the first 15 minutes or so, but keep watching. Absolutely incredible.Feb 19, 2011 at 10:07 pm #1698963
Ben in canada, we also have free health care within our deficit.
you guys have one crazy hole to dig out of in the states. we can hand you guys bigger shovels if you want, snow shovels are quite big up here…Feb 19, 2011 at 10:27 pm #1698973
Are you guys generally satisfied with your health care?
Sometimes I listen to CBC radio and it sounds about the same as here – critical health problems get handled promptly but there can be waits for less criticalFeb 19, 2011 at 11:05 pm #1698975
I'm fine with it, for 45 bucks I month I get everything(dental, prescriptions, specialties like orthopedic stuff etc.)but major surgery covered on top of my free health care. cant complain. if i needed a vital organ I might be though.Feb 20, 2011 at 6:16 am #1699024
I pay $500 a month – no dental or eye care
I thought you also got things like transplants just the same as here
You hear cases here like the insurance company denying coverage for something like a transplant
Like in California the insurance companies were convicted of when someone has an expensive condition the insurance company drops their insurance for some technical reason, like they forgot to say they had acne 20 years previous
I think we're getting ripped offFeb 20, 2011 at 10:06 pm #1699393
as far as i know transplants are covered and free but you have to go on the waiting list. with second plan coverage for about 50 bucks you get a pretty good deal up here)free drugs, dental and other stuff isn't bad)Feb 21, 2011 at 9:46 am #1699522
I think Rachael Maddow figured it out
After that Supreme Courst Decision that allows corporations and people to contribute unlimited amounts without even identifying who is doing it
Of the top 10 contributors in the last election
7 were right wing groups
and 3 were public employee unions
The Wisconson Republicans are trying to get rid of their public employee unions
Other Republican controlled states are proposing the same
The Republicans must just want to get rid of any Democratic party funding
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