This morning, Tuesday June 21, Gov. Walker went on the CNBC morning business show, Squawk Box, to promote Wisconsin as "open for business." Below are some of the real stats behind his "job creation" plan.
Walker’s Budget Repair Bill Could Cost The State Nearly 22,000 Jobs. In March 2011, the Wisconsin State Journal wrote about a study that claimed that Wisconsin would shed jobs under Gov. Walker’s proposed budget repair bill:
Gov. Scott Walker's plans to balance the state budget by cutting spending and public workers' take-home pay will slow the state's economic recovery, according to projections by a UW-Madison economist.
An estimated 21,843 jobs will be lost over the next year or two as public agencies and workers are able to spend less in their communities, said Steven Deller, a professor of applied economics who studied the ripple effects of Walker's budget-repair bill and two-year budget proposal. [Wisconsin State Journal, 03/20/11]
Walker Refused Federal Money That Would Have Created Thousands Of Jobs In WI. "We're giving away $810 million that will go to some other state, and we'll be losing out on anywhere from 4,700 to well over 10,000 jobs," fumed State Sen. Spencer Coggs, who was president of an AFSCME local before being elected to the Legislature. … Thus, Walker drew more than nine times the contributions from highway contractors than his Democratic opponent Tom Barrett. [Commentary, In These Times, 11/16/2010]
Walker’s Refusal Of Rail Funds Cost The State A Major Train Manufacturing Plant. A December 2010 story in the Wisconsin State Journal about Gov. Walker turning down $810 million in federal funds for high-speed rail quoted a spokesperson for Talgo, a train manufacturer with a major manufacturing plant in Wisconsin:
Nora Friend, a spokeswoman for the Talgo train manufacturing company, called the loss of funds “terrible news” for Wisconsin, for the company and its Milwaukee manufacturing plant, and for vendors and workers throughout the state.
“It sends a terrible message to businesses that are considering coming to Wisconsin,” Friend said.
She added Talgo will close its Milwaukee plant, probably in early 2012, and likely will lay off more than half of the 125 workers it expects to have on its payroll at that time. She said she doesn’t know where the plant will relocate.
“We’ll go where there’s business,” Friend said. [Wisconsin State Journal, 12/10/10]
Click here to read the local editorial from the Capitol Times, "Walker to promote himself, not Wisconsin on Squawk Box."