This is nonsense. Wisconsin has not gone into the red because of excessively generous pay and benefits negotiated by unions for state and local employees. Our deficit has grown because the Great Recession blew a hole in the state budget, as it did in virtually every state in the country.
Nor are excessively generous compensation packages for state employees holding back the recovery: Careful studies by the Economic Policy Institute as well as University of Wisconsin-Milwaukee economists Keith Bender and John Heywood show clearly that public-sector employees are less well-compensated than comparably educated and experienced private-sector workers in Wisconsin.
Most assuredly, Wisconsin isn't "bankrupt" because public-sector unions here have the right to collective bargaining. There are 13 states with no collective bargaining rights for public workers; eight of them have larger budget shortfalls than does Wisconsin. In Texas, for example, a non-collective bargaining state whose low-tax, "open for business" economic policies are vaunted by the right, the state's deficit as a percentage of the total budget is over twice that of Wisconsin's.
Clearly, Walker is using the relatively modest fiscal strain facing Wisconsin as a pretext to roll back basic worker rights and undermine public employee unions as a political force. Moreover, beyond this indefensible demonization of public employees as the primary cause of the state's budgetary shortfall, Walker's plan makes no macroeconomic sense."
You heard it here first: Tax the rich and solve budget shortfall - JSOnline