7 Walker moves which cost, or lost, Wisconsin $2.6+ billion

[Updated from 9/17/18 - - How Walker may have cost the state 80,000 jobs.
Most economists believe that governors have a limited impact on how many jobs are created in a given state. That being said, local economist Bruce Thompson believes Walker’s policies may have actually resulted in a loss of 80,000 jobs in Wisconsin. 
Thompson created an algorithm which essentially calculates how many jobs would have been created in Wisconsin, regardless of who was governor. He did this by using data from several states in the upper Midwest: Iowa, Illinois, Minnesota, Michigan, Indiana and Ohio. The data comes from labor reports from each state, collected since 1990.
At a very modest average salary of $40,000 per job, that's $3.2 billion in annual purchasing power spread through the economy. Something to think about.] 
----------------------------------------------------------------- Here are the 7 biggest financial fails by our fake fiscally-conservative Governor:

* $11 million in forfeited Federal Medicaid fraud award eligibility.

* $20.6 million and counting for settlements and payments traced to the youth prison crisis he ignored for years at Lincoln Hills.

*  $23 million in forfeited Federal broadband expansion funding.

*  $50 million in settlement awards and equipment losses over the Amtrak train set assembly facility contract broken by Wisconsin under Walker.

*  $750 million to build an extra 19 miles of Milwaukee freeway lanes which planners had recommended against, but which Walker championed.

*  $810 million in Federal Amtrak Milwaukee-to-Madison rail construction funds Walker forfeited.

*  $1+ billion in Federal Medicaid expansion funding Walker has refused to accept through the end of the 2017-'19 state budget.

These forfeited programs or awards would have added jobs, taxable property, public revenues and spin-off development.

Who knew we had the luxury to reject all that?


Subscribe to receive free email updates: