Gov. Walker’s Economic Depression |
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News - Articles for State & Local |
Written by Wisconsin Senate, Tony Palese |
Friday, 08 September 2017 19:07 |
http://newiprogressive.com/images/stories/S5/wisc-leaving-s5.jpg MADISON, WI – No matter how you measure it, Wisconsin families are feeling the pinch from an economic slump that has seen mass layoffs, stagnant wages and a shrinking middle class. The national ‘Gold Standard’ jobs report released this week shows Wisconsin ranked 30th nationally in 12-month private sector job creation through the first quarter of 2017. This marks the 23rd consecutive quarter Wisconsin has trailed the nation in job creation and represents one of the longest periods of economic stagnation in Wisconsin history.
After years of Republican policies that have favored the wealthy at the expense of working families, Wisconsin’s economy continues to fall further behind the rest of the nation. Had Wisconsin kept pace with the national economic recovery since Gov. Walker took office, the state would have gained nearly 100,000 more jobs. Instead, Wisconsin has trailed the nation every single quarter since Gov. Walker created his Economic Development Corporation and enacted historic cuts to local schools. “These results are as shocking as they are unacceptable,” added Shilling. “Too many good-paying jobs are leaving our state as Republicans continue to cut funding from local schools, increase health care costs and ignore our crumbling infrastructure. It’s time we start investing in Democratic solutions to ensure safe roads, lower student loan debt, strengthen our schools and rebuild our middle class.” |
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