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Title: Walker's Wis. Lost Most Jobs in Nation
Source: newser.com
URL Source: http://www.newser.com/story/144793/ ... -lost-most-jobs-in-nation.html
Published: Apr 26, 2012
Author: By Rob Quinn, Newser Staff
Post Date: 2012-04-26 04:56:31 by Ferret Mike
Keywords: None
Views: 17982
Comments: 59

(Newser) – Wisconsin Gov. Scott Walker's efforts to keep his job took a hit this week from a report showing how many voters lost theirs. Between March 2011 and March 2012, the state lost 23,900 jobs, more than any other state in the nation, according to the Bureau of Labor Statistics report. Some 17,800 of those were in the public sector, but the state also led the country in private-sector job losses with 6,100, reports the Christian Science Monitor. Only Mississippi and Rhode Island also saw the number of private sector jobs shrink in the same period.

Walker—who faces a recall election in June—has been playing up more recent data in his campaign, pointing out that the state gained 17,000 jobs in the first two months of this year. But another 4,300 jobs were lost in March, and his Democratic opponents note that Walker promised to bring 250,000 private sector jobs to the state in his first term. "He really put this number on the table. If anyone said, ‘Judge me by the jobs,’ it was Scott Walker,” a labor economist notes.

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Begin Trace Mode for Comment # 37.

#27. To: Ferret Mike (#0)

When I was in High School back in the early '70s, at football games the two schools sat on opposite sides of the stadium and the students would compete in a cheer: "We've got spirit, yes we do, we've got spirit, how 'bout YOU!" It was mindless fun, as it went back and forth and generated some excitement without rancor. Sometime in the last 30 years that good spirit was lost and the cheer is now: "Our team is red hot, your team ain't doodly-squat!"

This forum is apparently of the latter generations.

How about a few facts? (Not that the article is any example, as it did not detail which types of jobs were lost). Wisconsin is still struggling to balance their budget. It has among the lowest reserve (rainy day) funds among all the states. If the economy there is to recover it needs productive private sector jobs first to support whatever government services the people want.

Few understand Shumpeterian "creative destruction", which describes liquidating mal-investment (cutting your losses) to free up the investment capital for more productive pursuits. Cutting government jobs to prevent the further drag of debt on the state budget allows that saved money (both salaries and debt service) to be re-invested in more productive jobs.

Anthem  posted on  2012-04-26   11:55:07 ET  Reply   Untrace   Trace   Private Reply  


#29. To: Anthem (#27) (Edited)

"This forum is apparently of the latter generations."

This forum has mediocre and talentless management which is foundational as to why it lives primarily in the Ad hominem zone, so I am mindful of your lament and sympathize.

Democracy is involved in a long and complicated process in Wisconsin. The koch Brothers got their stooge in the Governors house, and a Republican majority eager to do their bidding.

But the public will and intelligence is a constant thorn in their side as they try to use money, influence and power to subvert the process and disenfranchise people from their role in running their country.

I'll ferret around for that particular sort of data in relation to this story.

And if you wish to debate this in a way not usually seen at LF, I assure you I would be most happy to.

Ferret Mike  posted on  2012-04-26   12:06:16 ET  Reply   Untrace   Trace   Private Reply  


#36. To: Ferret Mike (#29)

Ferret: "And if you wish to debate this in a way not usually seen at LF, I assure you I would be most happy to. "

Careful, Anthem, the Moonies are trying to love-bomb you.

They'll probably try to lure you into private chat, to their creepy Facebook pages, or their actual preferred websites like HuffPo or DemocatUnderground.

Watch for cultish behavior. It doesn't take long.

Tooconservative  posted on  2012-04-26   12:29:23 ET  Reply   Untrace   Trace   Private Reply  


#37. To: TooConservative (#36)

Yet conservative billionaire cultist Sun Myung Moon runs the Washington Times, a hack conservative paper that is merely a trapping of his desire to work his cult and political paradigm into a position of global hegemony.

Sorry Charlie Brown, but the HuffPost looks nothing like the WT, and Moon is no champion of anyone but himself.

If you want to talk about the dangers of this and other cults, by all means do. But you will be finding I am on your side if you are as concerned with their dangers and the games they play, not a proponent of them and what they do.

Ferret Mike  posted on  2012-04-26   12:39:18 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 37.

#40. To: Ferret Mike (#37)

Yet conservative billionaire cultist Sun Myung Moon runs the Washington Times, a hack conservative paper that is merely a trapping of his desire to work his cult and political paradigm into a position of global hegemony.

Old Moon's getting another cool half million from Moonie follower neighbors who just sold their property.

mininggold  posted on  2012-04-26 13:15:26 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 37.

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