The Walker Administration tried to hide lackluster economic progress with the suppression of the Wisconsin Economic Outlook, for nearly 4 years (strangely, just like in Brownback’s Kansas). The new Evers administration has resumed publication, and added a set of nifty interactive tools.
Here’s the report. At a glance…
- The U.S. and Wisconsin economies continue growing in 2019, at a slower pace compared to 2018 and with some uncertainties clouding the forecast. Personal consumption growth continues to be strong, helped by tight job markets and low oil prices.
- Wisconsin’s unemployment rate remains below the national rate, while both stay near historical lows.
- Wisconsin employment grew 0.8% in 2018. The forecast calls for similar growth in 2019 and 2020. Wisconsin personal income grew 4.0% in 2018, below the 4.5% growth nationwide, and slightly ahead of the 3.9% growth of the Great Lakes region. It is expected to increase 3.5% in 2019 and 4.4% in 2020, compared to 4.0% and 4.9% growth nationwide, respectively.
And here’s the tool. The list:
- Assessed Property Values
- Cigarette/Tobacco Taxes
- Corporate Tax by Industry
- Equalized Property Values
- Individual Income Tax
- Local Gov. Dashboard
- Motor Fuel Consumption
- Police and Fire Fees
- Sales Tax Distributions
- Sales Tax by Industry
- Sales Tax Per Capita
- School District Taxes
- Tax Burden Rankings
- Tax Increment Finance
- Tax Revenue Since 1963
- TVC Taxes Dashboard
- WI Economic Indicators
- Wisconsin Exports
- Wisconsin MSAs
From Wisconsin Economic Indicators, average hours worked…
Notice the sharp drop at the end of the Walker administration; hours have bounced back up since the Evers administration began.
Of course, with the legislature in the hands of the Wisconsin GOP, perestroika may be a way off; perhaps they’ll try to do another FoxConn…
Transparency is always a positive sign.
I’m quite impressed with Evers when I watch his speeches and interviews. If I had one complaint about the guy is he has a little bit too much of the “I’m here to please everyone” vibe. Evers better learn fast who his enemies are and define publicly who his enemies are as those people won’t hesitate to skewer him when the opportunity arises. Go ahead and shove those people past arms distance length to identify to the public these people aren’t going to like him or cooperate with him no matter what he does.
At the national level it looks more like Gulags for children than perestroika:
https://i.redd.it/tg1kd5j3cf731.jpg
You can start the stopwatch on the horror stories coming out of Children’s Death Camp Sill near Lawton Oklahoma. Unless they allow citizens to supply these kids with daily necessities it’s only a matter of time until we hear the horror stories.
I like the gentlemen holding that sign. Of course Princeton Stevie pooh will likely lecture him about his market based visa system. I would love to see that encounter as I bet that vet still had the ability to throw a punch!
Not publishing economic data?
https://venezuelanalysis.com/news/14516
Venezuelan Central Bank Releases Economic Data After Three-Year Hiatus
Inflation and GDP indicators had not been released since 2016.
When the going gets tough, the tough go silent?
President Donald Trump!
Met with the leaders of the two biggest economies on the globe. Then all in day’s work was greeted warmly by North Korea’s leader as he stepped across the border into that country. The first US president ever to do so. Having brought peace to the two Koreas, something his 10 predecessors could not and did not do. And by having a better understanding of real world economics in his little finger than most economists have in their entire body, his policies have thus far raised the growth rate of this economy 50% above that of his predecessor. Furthermore, once the flow of net exports turns positive for the US – as always it was destined to do when a president with enough courage to take hold of the trade deficit bull by the horns and wrestle it to the ground – there is distinct potential for extending this expansion a surprising number of years more.
Shades of the world’s other great leader – Vladimir Putin – revered by the wholesome Christian people of Russia, who are our friends, not our enemies as the fake news media wants you to believe. Vladimir Putin so popular because he too is a patriot through and through, like our president he too kept his promises, and he too revived a moribund economy, in fact brought it back from the depths of the savage damage inflicted upon it in the chaotic wake of the splintering of the Soviet Union, by none other than a coterie of not so ethical Ivy League economists. As the entire admissions scandal has opened the door on and points to widespread unethicality throughout the entire Ivy League and university system.
More still. The oligopolistic US media is collapsing before your very eyes. Because thanks to Donald Trump the public is now fully aware that the media bald-face lies, omits important truths, censors much of the real news, and perniciously propagandizes socialist and globalist nonsense 24/7. Who are you going to believe, the polls or your lyin’ eyes? As also will the Democrat party, contagiously infected now with the pox of cultural Marxism, splinter into something as yet unrecognizable when this president is reelected by a landslide next year. So say the 13 Keys, so says Ray Fair’s highly accurate model, and so say every single other economic election model with unanimity. Not even a mild recession – sad to say still 50% probable at this point – will stop this wave of patriotic fervor from washing away the crime of moral turpitude of encouraging low IQ illegals to enter this country just so they can vote for the dark side.
None of which you would otherwise learn here on Econbrowser.
“Met with the leaders of the two biggest economies on the globe. Then all in day’s work was greeted warmly by North Korea’s leader as he stepped across the border into that country. The first US president ever to do so. Having brought peace to the two Koreas, something his 10 predecessors could not and did not do.”
Oh Lord – you love Putin we see. OK But peace to Korea? Are you batshit insane? Trump haa decided to let Kimmie keep his nuclear weapons. What a treasonous sell out. Of course John Bolton has decided to split with your fearless leader and condemn this move. It is a sad day when John Bolton is the voice of reason.
“once the flow of net exports turns positive for the US – as always it was destined to do when a president with enough courage to take hold of the trade deficit bull by the horns and wrestle it to the ground”.
JBH – you do know the trade deficit is getting wider – right?! Dude – you have been lied to. Of course we all knew you were the most gullible of all the Trump trolls!
JBH.
Take your meds.
Welcome back, JBH. so when will all those midnight arrests you were promising going to happen? Maybe about the time the US trade defiicit starts shrinking and the annual GDP growth rate of Russia starts exceeding 1 percent? Or maybe when Putin and MBS stop murdering journalists? Oh, right, they are just all Enemies of the People and deserve to die. You can hardly wait for Trump to start emulating these wonderful leaders.
Oh, and where was it you went to school again? Hey, maybe yo can beat CoRev in telling us. He apparently did not get any “advanced degrees,” but, hey, he supposedly has “tubes” with diplomas in them that he waves at his grandson when he isn’t waving a medallion he received that went to the moon and back. Do you have one of those, JBH? Maybe you will get one when the DOJ finally unseals all those indictments and they talk troublemakers like me away.
I noticed this show usually had right-wing hosts. I’m wondering if there’s another television weekly show that gives a more objective view on Wisconsin politics instead of doing Republicans’ bidding:
https://www.youtube.com/watch?v=3RGMGZfIKUs
BTW I’m very curious who funds or sponsors “WisconsinEye”. My whiffer tells me it may be some large corporations who need someone to rubber stamp a Republican legislature illegally neutering the Governor’s powers.
I hope Evers goes ahead and vetoes the ENTIRE budget bill because if Evers plays softball with Republicans they are going to steamroll him for however long his term is.
Uh-oh, more dirty liberal theater actors, pretending they have been hurt by donald trump’s tariffs. I think Menzie is paying these actors (including the children) to make his soybean predictions look more legitimate. But we the MAGA patriots know it is all FAKE NEWS. These aren’t farmers. Just stage actors. You cannot fool the all-knowing CoRev:
https://www.youtube.com/watch?v=ynsPFgX3xsA