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riversedge

(70,077 posts)
Fri May 15, 2015, 08:40 PM May 2015

Scott Walker’s & @WisGOP Tinker Bell economics: http://bit.ly/1KbBrJa #wipolitics #wiunion #p2 #IOW

Walker and his crybaby Repugs make me sick!





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#Wisconsin #Republicans & Scott Walker’s & @WisGOP Tinker Bell economics-has left the state BROKE! http://bit.ly/1KbBrJa #wipolitics

Scott Walker’s & @WisGOP Tinker Bell economics: http://bit.ly/1KbBrJa #wipolitics #wiunion #p2 #IOWA




Joel McNally: Scott Walker’s Tinker Bell economics
11

8 hours ago • JOEL McNALLY




..........The only thing more dangerous than a governor who doesn’t know anything about economics is a governor who’s absolutely certain about everything he’s doing economically when it’s absolutely wrong.

Faith-based economics don’t work in the real world. Basic economic principles do. And Walker really doesn’t appear to understand anything about basic economics. Neither do many other tea party Republicans, of course. They’re still baffled why passing out hundreds of millions of dollars in humongous tax cuts and untracked corporate giveaways to the wealthy by reducing the wages of ordinary working people hasn’t turned Wisconsin into some kind of booming economic paradise.

When they were kids, they were told if they just believed and clapped their hands loud enough, Tinker Bell would rise from the dead.

But in the real world, despite the claims of billionaires generously funding Walker’s presidential aspirations, the super rich aren’t really the job creators. Consumer spending by ordinary working people creates jobs. It accounts for 70 percent of economic growth.

That’s why when Walker closed a $3 billion budget gap by taking it out of the hides of public employees all over the state and destroying their bargaining rights, he dug an enormous hole for our state's economy. Since then, he has just kept digging by signing a right-to-work law to lower wages for private workers by weakening their unions and by supporting repeal of prevailing wage laws to cut the pay of private employees working on state projects.

There’s something else really basic that Walker either doesn’t understand or simply refuses to understand for his own partisan political reasons................

Read more: http://host.madison.com/news/opinion/column/joel_mcnally/joel-mcnally-scott-walker-s-tinker-bell-economics/article_80f82417-596c-57a4-ad28-e25a9b7cc91e.html#ixzz3aG1BrP5f

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Scott Walker’s & @WisGOP Tinker Bell economics: http://bit.ly/1KbBrJa #wipolitics #wiunion #p2 #IOW (Original Post) riversedge May 2015 OP
Never right, but never in doubt. Scuba May 2015 #1
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