Morgan: No way Wisconsin is like California
DOA Secretary Michael Morgan issued the following statement responding to a Pew Center report that Wisconsin is among the most fiscally challenged states in the country:
"In no way can Wisconsin be compared to the nation's most financially troubled states, especially California.
"While Wisconsin has been affected, like all states, by the national economic downturn, we have balanced our budget by cutting spending and raising revenues as needed.
"In addition, recent reports have shown that many other states have large revenue shortfalls in the current fiscal year. But Wisconsin does not.
"The Pew Center report is factually inaccurate. From the outset, the report is fundamentally flawed.
"It is not true that the recession has hit Wisconsin harder than other states. While we have taken hits like everyone else, Wisconsin has fared much better than other states and manufacturing is doing better in Wisconsin compared to our neighboring states.
"While Wisconsin's unemployment rate increased during the national economic recession, again like all states, it is now improving and is more than two percentage points below the national average of 10.2 percent.
"Finally, the report fails to take into account many of the good budgetary practices of Wisconsin. For the first time in 32 years, the state's budget was finished on time. In spite of tough times, the budget the Governor signed cut spending from state general fund taxes by 2.5% and includes a $270 million surplus for the period that ends July 1, 2011.
"We have worked hard in Wisconsin to ensure that we can come out of this national economic recession in a strong position."
-- By Greg Bump




2 Comments:
we are all breathlessly waiting to see if our debt level can actually surpass that of California
From my firsthand experience of having lived in both states for many years, it is scary how similar they are.
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