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Friday, February 18, 2011

Did Wisconsin repugican governor create crisis to reward friends and attack unions?

You bet your sweet bippy he did.

There was a budget surplus when he arrived yet suddenly, he's talking about a financial crisis. Somehow the massive deficit that he references is about the same amount of money as new contracts that he just rewarded to campaign supporters.

Hmmmmm.
In its Jan. 31 memo to legislators on the condition of the state’s budget, the Fiscal Bureau determined that the state will end the year with a balance of $121.4 million.

To the extent that there is an imbalance -- Walker claims there is a $137 million deficit -- it is not because of a drop in revenues or increases in the cost of state employee contracts, benefits or pensions. It is because Walker and his allies pushed through $140 million in new spending for special-interest groups in January. If the Legislature were simply to rescind Walker’s new spending schemes -- or delay their implementation until they are offset by fresh revenues -- the “crisis” would not exist.

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