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#11
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"As a state economist and policy analyst, I was surprised that no one asked me about this proposal. I analyzed it for its economic impact. If public employee salaries are cut (through increased withholdings as proposed) by enough to fill the $137 million budget gap, the resulting drop in consumer spending will lead to:
1) a loss of over 1,200 nongovernment jobs; 2) a loss of about $100 million in business sales statewide; 3) a loss of nearly $35 million in personal incomes of nongovernment employee households; 4) ironically, a loss of nearly $10 million in state tax revenues." -- Robert Russell, economist and analyst, Madison. Wisconsin Public Radio interview
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |