Ed Thompson: Job outlook isn’t good

Print This Post Print This Post

LaCrosse Tribune
July 5, 2010
by Ed Thompson

Earlier this month, USA Today updated its 2010 jobs growth forecast for each of the states and the District of Columbia. With zero job growth forecast for Wisconsin, we ranked 50th out of 51. That’s little wonder, having seen GM and Briggs and Stratton leave the state. Meanwhile Polaris and Fiskars are closing Wisconsin plants as Harley-Davidson considers whether to move.

The primary reason you and I are feeling this pain is because of reckless spending on the part of our Legislature. To pay for all of the new spending, our current senator voted with the majority to raise taxes and fees by nearly $5 billion in the latest budget cycle. Yet that won’t cover all of the spending. Last month the nonpartisan Wisconsin Tax-payers Alliance noted state debt rose to $11.25 billion last year, rising at a faster rate than the national debt. That is not being fiscally responsible.

I believe you deserve better. That’s the biggest reason I am running. We need real job growth. That can only happen with less spending and lower taxes. I know some folks think these huge tax increases only hit the rich or are so-called “talking points.” Here’s some food for thought, among the 15 different taxes and fees hiked last year was the tax on nursing home beds. This year, the tax on nursing home beds doubled to $150 per bed per month. And it will go up another $20 per bed per month next year. There’s no heart in that move.

To see original article click here.

Share |