How Did Wisconsin Run a $1 Billion Surplus?
Scott Walker, the governor of the state of Wisconsin, survived a recall effort by unions in his state. I’d hope, though I wouldn’t bet, that they are glad that effort failed.
Because since then, he and the Republicans in his state legislature, have been busy cutting taxes and balancing their budget. The result has been that, over 3 years, they’ve cut taxes by about a billion and a half dollars, and the economy is chugging along a good clip, such that just this year they have almost a billion dollar surplus.
We ought to be asking our federal government to look at this. How did they do it? Let’s listen to Governor Walker describe it.
Tough decisions, predicted by his detractors to destroy the economy, instead turned the economy around, gave them a surplus, more in their rainy-day fund, and which will be returned to the people instead of turned into a slush fund.
Now, you might not have heard about this from your typical media sources. A Republican governor, hated by the unions, putting conservative policies into place, with the result being a booming economy, just doesn’t fit the narrative. And when it comes time to vote again in Wisconsin, I hope the people there remember who fixed their economy, and who opposed those very policies.
Heck, I hope the rest of the country remembers that, if they get to hear about it. A state that generated a billion dollar surplus without mortgaging their future is a model that Washington, DC should be following. If they really cared about the economy.