U.S. Recovery Might Need Public-Sector Unions
Wisconsin Governor Scott Walker is wrong. The way to fix his state’s fiscal crisis isn’t by destroying public-sector unions and the half-century tradition of collective bargaining among teachers and state employees…
However, little has been made of Walker’s own fiscal frivolity. The Legislative Fiscal Bureau of the Wisconsin Legislature released a report in January indicating the state should have a surplus of $124 million on June 30, which instead would turn into a $137 million deficit because of some twists in the budget process. Walker, in a special session in January, went on to grant $117 million in tax cuts to business. Clearly it’s not the state pensioners at $23,000 a year who are the real problem in Wisconsin. These corporate tax cuts should be reversed immediately.
A well-argued opinion.