"Ryan’s budget plan then assumes that it is important to balance the federal budget. It is not. In fact, at least in terms of economics and federal finances, a balanced federal budget is not even desirable.

If we had a balanced budget today, the right thing to do would be to implement supply-side tax cuts to increase our RGDP growth rate. There is no problem running a deficit so long as it is lower (as a percent of GDP) than our rate of nominal GDP growth. As long as this is the case, our debt as a percent of GDP will decline steadily.

The FY2014 Budget Resolution makes a few vague statements about economic growth, but it doesn’t promise that following Ryan’s plan will deliver a growth rate above the woefully inadequate CBO baseline, which peters out to a pathetic 2.19% rate by FY2023. This is what makes the whole exercise a suicide mission for House Republicans."
http://www.forbes.com/sites/louiswoodhil...
From that great liberal source, Forbes.
Such a great budget, the Republicans would not even bring it up in the Senate.

The Ryan budget is only his OPINION, and yet the sheep will revere his "stats". There are reasons it has been called a "fantasy" budget.
Because spending goes up every year does not mean there are no real cuts, especially when 40% of the budget, defense and SS, are allowed to rise.
Ask the 54 year old guy, who is looking forward to Medicare paying 75% of his health care costs when he turns 65(or 67!) if it is not a cut that Medicare could possibly only pay 32% under the Ryan plan.

Let's not forget that Wislady has also posted links to a satire article not realizing that it was false. I don't think she has any room to critisize anyone's link.

They just released the Walworth County Fair entertainment schedule. Opening for Kenny Loggins, will feature WISLADY and her hit song "Same Old Song And Dance" - Those attending will be treated to many of the songs that has made her famous: 1. Divide And Conquer 2. The Red State Blues 3. No Jobs 4. Union Breaker 5. Medicaid Cuts. Her backing band will be Walker & the Bald Spots

"How about rebutting the stats presented?"
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What? This is from their OPINION piece, "On net, we estimate that the Ryan budget would decrease gross domestic product (GDP) by 1.7 percent and decrease nonfarm payroll employment by 2.0 million jobs in calendar year 2014 relative to current policy."

First off they declare there are spending cuts when the fact is spending increases every year, something I think should be reduced. The only thing cut is reductions in GROWTH of increases. Since they start their basis of an opinion with a false narrative the remainder of speculation has no bearing on reality...it is only rhetorical spin.

http://www.cbpp.org/cms/index.cfm?fa=vie...
Missing $100 billion.

This coming from the person who quotes more right leaning sources and talks about the liberal media bias.

If you don`t like the information, attack the source. Typical. How about rebutting the stats presented?

Board of Directors

pharms "source"

Experts | Research Associates | Staff | About EPI

Richard L. Trumka, Chairman
AFL-CIO
Mr. Trumka was elected President of the AFL-CIO in September 2009. He had served as the AFL’s Secretary-Treasurer since 1995. In 1982, he was elected President of the United Mine Workers.

http://www.epi.org/about/board/

so in other words we cant trust anybody in the goverment. going from being the greatest nation to a laughing joke to the rest of the world.

"On net, we estimate that the Ryan budget would decrease gross domestic product (GDP) by 1.7 percent and decrease nonfarm payroll employment by 2.0 million jobs in calendar year 2014 relative to current policy. We estimate that the Ryan budget would increase the unemployment rate by between 0.6 percentage points and 0.8 percentage points. Ryan has essentially proposed that for at least two years the U.S. economy make zero relative progress in emerging from the current adverse economic equilibrium of depressed economic output, slow growth, high unemployment, and large cyclical budget deficits.

While the full brunt of Ryan’s austerity does not take effect until 2014, it’s worth noting that his budget would also lower economic growth by 0.6 percentage points and employment would fall by 750,000 jobs in calendar year 2013—this is mostly the effect of sequestration taking effect for the remainder of the year (and consistent with CBO’s estimate that sequestration will reduce employment by 750,000 jobs this year). Job losses would then rise to a total of 2.0 million in 2014 as new austerity measures kick in and the economic drag from sequestration increases.

CBO’s economic projections show real GDP growth accelerating to 4.0 percent in 2014, the beginning of the economy’s rapid return to full employment that has routinely been projected four to five years from CBO’s forecast issuances. The Ryan budget would guarantee that growth rates in this range do not materialize in 2014 or 2015, and likely longer. As a result, the U.S. economy would remain depressed for longer than forecast, cyclical budget deficits would be larger than forecast, and additional economic scarring from productive resources atrophying would further decrease long-run potential output. Higher unemployment would also compound the decade-long trend of falling real income for median working age households and the three-decade long trend of widening income inequality. In short, the Ryan budget would reduce middle class living standards, both present and future.

This approach to fiscal policy ignores a plethora of historical and international evidence and a wide consensus among economists that austerity measures—particularly spending cuts—wreak havoc on depressed economies, to the point of being fiscally counterproductive: primary spending cuts are simply replaced with bigger cyclical budget deficits as depressed economic activity reduces tax receipts and increases automatic spending (e.g., unemployment benefits), and a poorer nation will have a harder time sustaining its debt.

Empirical evidence and economic research over the last two years confirms the substantial danger that austerity presents to depressed economies’ output and fiscal health"
http://www.epi.org/blog/ryan-proposes-pa...
2,000,000 jobs down the toilet if Ryan`s budget is adopted. Insanity!

OK, let's suppose Walker's policies are wrong. What should be done instead ?

916WI - You must admit that Walker and his cronies haven't been "Laser Focused" on jobs, like he said they would be. Of course any adminstration will pass bills that aren't job related. He has tried some job bills (some will debate this) but mostly he has done very little. There is no way he will get his 250,000 jobs, especially when you are near the bottom of all states for job growth.

I'm smart enough to understand that when unemployment goes up jobs are not being created 916WI. You seem to have trouble grasping that concept. The fact that you're only "fairly certain" concealed carry legislation wasn't intended to create jobs obviously makes you a genius.

"So please tell me specifically which legislation is not working so we can discuss how it has affected the state's unemployment rate."
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There is so much legislation passed by Republicans that's "not working" JB Van Hollan has requested additional help to deal with the laws tied up in our courts. Hey, there's a couple jobs created by Republicans! BTW 916WI, how many jobs did passing conceal carry create? Funding cuts for Planned Parenthood forced the closing of 4 offices and LOSS of jobs. Republicans passed a laundry list of bills (see below), NONE of which had anything to do with helping businesses create more jobs. But they did create legislation to destroy wetlands and pad the bottom line of their donors like the mining bill written by the mining company.

Tax Break for Altria/Phillip Morris:
Costly "Las Vegas Loophole" Reinstated
Damages for Employment Discrimination
Abortion, Abstinence-Only Sex Education Bills
Expanding School Vouchers
DNR Permitting
Telecommunications Modernization Act:
Voter Photo Identification Legislation
Special Session Senate Bill 1
Wisconsin Act 10
Wisconsin Act 9
Senate Bill SB 107
Senate Bill SB 466
Assembly Bill 467
Assembly Bill 463 (SB 368)
Assembly Bill 216
Assembly Bill 155 (SB 10)
Assembly Bill 63 allowing earlier liquor sales
Special Session Assembly Bill 5
Mining Bill

Only an imbecile would suggest that pointing out the facts of how Republicans have failed the citizens of this State is an indication of "actually hoping that the state suffers just so they can have a reason to justify their hatred of our current leader." The sooner voters realize the fact that ALEC influenced Republican policies are failing, the faster we can recover.

RetiredAirForce - We lefties know it happened at the national level and don't like it. Old George borrowed money to fund wars, etc. and gave tax breaks.
.
I don' t like it. It doesn't make sense.

I find this impossible to believe,with the 250,000 jobs Scooter/Scotty says that are in the 'works'!

Hey, with that $100 per year tax cut I can use it to pay the wheel tax, garbage collection tax and the higher fees for my professional licenses. Too bad it isn't a $1000 tax cut.

Well,
I hope he doesn't get his way. Agreed, we shouldn't be giving a 300 million dollar tax cut, if we need to borrow 1 billion to do it. I wonder what his explanation is for this?

Shhhhhh dont tell the lefties that the same thing happened at the national level...

http://data.bls.gov/timeseries/LNU040000...

Here is the information on Walker's $1 billion borrowing.

http://www.jsonline.com/news/statepoliti...

Here is Walker's Tax Cuts.

http://www.jsonline.com/news/statepoliti...

Now you can see that Walker is NOT fiscally conservative!

"Now Walker is borrowing close to $1 billion and giving a tax cut."
Where is Walker borrowing this money from and where did you get this information?

jcommon - "with money borrowed from China."
.
We had to borrow money to pay for the republican policies of unfunded wars, Medicare part D, tax cuts, etc. Yes, we have to pay for these things. If we would have left the taxes as they were under Clinton, we would have been a little better but still wouldn't have had enough for the wars and Medicare part D.
.
Now Walker is borrowing close to $1 billion and giving a tax cut. How does this make sense jcommon?

"At least when the democrats want to spend money, they pay for it. "

Yeah, with money borrowed from China.

Amazing how the Walker supporters still think Walker is doing a good job. I didn't like Doyle and I wouldn't want to go back to his policies but Walker is worse.
.
While the rest of the nation is slowly getting better we are getting worse. Walker needs to take responsibility for his crippling policies.
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He thinks he is some big fiscally responsible concervative. Really he is a spend and cut taxes republican. He wants to cut taxes because the budget had a (debateable) surplus. He doesn't want to pay the State's debt. Instead he wants to borrow more money thus increasing the State's debt. This was what he ran against! At least when the democrats want to spend money, they pay for it. The republicans just spend and give tax breaks and increase the debt. Thanks Walker for ruining our state!

Changes are possibly going to be made to the UI. Something is wrong when people who do not even look for a job, can continue to collect benefits. Or, employers are having to pay benefits to people who have been fired for THEFT.

Sherm--Thanks for the props! Exactly what policies are not working? As soon as our legislative branch passes legislation, the state's democrats do everything in their power to prevent it from being implemented in our court systems. So please tell me specifically which legislation is not working so we can discuss how it has affected the state's unemployment rate. It's so comical how the libs on this site are actually hoping that the state suffers just so they can have a reason to justify their hatred of our current leader. Referencing other states such as Illinois and California--who just happen to be nearing bankruptcy and drowning in debt with tens of billions in unfunded pension obligations--as states that Wisconsin should be modeled after!
BTW--The non-union, Wisconsin based company I work for had another amazing year, our owners were fortunate enough to give generous bonuses based on the company's performance. I spent mine on a new motorcycle last week-spring can't get here soon enough!

Nobody is cheering higher unemployment. Your attempts to flip the blame are getting weaker. Making up stories isn't how educated people win arguments.

Wow, the Walker haters are out in full force today. Let's look a the ideas from the left.
Maybe a minimum wage increase would help!?!?
Probably not.
Maybe we should threaten to sue?!? Probably wouldn't help.
Maybe we should extend unemployment benefits?
Maybe we should put more people on food stamps?
Maybe we should require everyone to get a 4 year degree?
Did I forget anything?
Maybe we should give out more phones for people to call about jobs?
Maybe we should give everyone free healthcare?
Let's recall the governor, and waste 2 years of his term.

What ideas above actually make people want to get a job and earn a living?

I must have missed the "atta boy" for Wisconsin during all the months of low unemployment numbers.

Wisconsin is still much better than the January 2011 unemployment of 9.2% that Doyle handed over when Walker took office. These are "unadjusted" figures, and expected to be higher for this time of year. Why do democrats hate jobs, and cheer for more people on unemployment???

Maybe dems will cheer if the numbers continue to go up, especially if the FEDS restart the extended unemployment compensation. The extended payments were stopped last month because Wisconsin unemployment had improved for months. Remember??

Now, if Wisconsin can get that Federal Loan paid off (started in 2009 under Doyle) for the UI, we will make some progress. Interest on that loan is $60,000 per day....thanks democrats.

It was the recall..oh wait, that is over. Then it has to be Obamacare, but then wouldn't every other state have the same effect? Hmm, let's see, oh I know it's because of gun control. Maybe I need to fire up the AM radio to hear what it is blamed on, because it couldn't possibly be failed decisions by our dear leaders.

You mean the same policies that crippled our national economy didn't work here in Wisconsin? What a surprise. I also feel the higher taxes here are offset by a smarter workforce. Well, not if Scotty has his way, but for now anyway.

Walker says his laser focus is on "jobs, jobs, jobs", so now all 72 counties in the State are losing jobs? More than 2 years of being promised that all these bills passed giving huge tax breaks to wealthy corps and individuals combined with cutting public workers take home pay would create job growth and economic growth? Its NOT working!

Waiting for wislady and how she justifies Walkers success for this. shermd71 Oh but the will try to blame him and find the right wingnuts sites and links to try and prove it. Those that follow and read the whole truth know better and then you have those that will watch this country DIE supporting the GOP and will never see the reality of destruction behind their lies.

No major campany will come to wis due high tax rate. These companies will move south for 2 reason. lower tax rate and lower cost to of energy to heat. What is it today 10 above where down south it is 50 or more. I would not move my company here for just these two reasons plus if I dig a little I could come up with a few nore major reasons not to move to Wis. I would not want to be governor for this reason as one is alway battling a up hill swing all the time in this state.

Nice work Scooter!

Sherman - they really can't blame Obama, we are now higher than national unemployment average and are one of just 6 states losing jobs! Pretty scary here while rest of nation is moving forward.

hmmm, hard to believe with all that job creation we were promised....

I am sure this will be blamed on Obama and the higher tax rates, or Obamacare, or any number of other LIES!! Face facts Walker backers (916WI, RAF, and the rest), these policies are NOT working!! Yet Walker goes around the country promoting how he balanced a $3.6 billion deficit? WHAT? We are NOT CLOSE to balancing the budget deficit!! His destruction of collective bargaining filled some of the holes for ONE YEAR!! Now what? An $8 tax cut? Thanks!! I can go to McDonald's once a month for lunch!! What a moron!! And ALL OF YOU that voted for him 2x (hear that a lot), CONGRATULATIONS!!

This is no surprise. What did people expect to happen when they voted in a college drop for the state's top office?

Good Job scottys

So much for Wisconsin being open for business. What a joke the current administration is. Where are all the jobs the 1% create because of their low tax rate?

Thank you governor Walker and your minions. Your policies are working?