Friday, May 08, 2009

I Don't Believe Doyle. Period.

Oh, I believe that the State of Wisconsin's revenues are down.

But the only part of this sentence:

Doyle said the $5 billion deficit he and lawmakers faced in March has soared because tax collections are running far below estimates

...that is believable is the first two words--"Doyle said."

Every other word is a lie, a distortion, a mis-representation, or an evasion.

The $5Bn "deficit" was created because of Doyle's three-card-monte moneyshuffling tricks AND because Doyle refused to either 'flat-line' his budget proposal or actually CUT spending.

The 'lawmakers' only 'faced' the deficit because of Doyle's perfidy to State taxpayers and residents.

The "estimates" word is there because Doyle has to blame someone--ANYONE--else for what he could have figured out all by himself by actually talking with anyone in a real business in this State.

It certainly was not hard for the casual observer to read the Kohl's Department Stores monthly same-store-sales reports, most of which were down last year. It certainly was not hard for the casual observer to note the stories of OTHER States' revenue woes last year. The troubles of GM and Caterpillar were not in the least bit disguised--and people who know the State know that GM and Cat buy a LOT of components from State of Wisconsin businesses. Doyle may even have known that GM was likely to close its Janesville plant, if he read a newspaper now and then. It was plain as the sunrise that unemployment was rocketing upward last year; the State's UC fund had to borrow money from the Feds.

Oh, yeah, and even turtles and lizards knew that banks were toast last year.

Jim Doyle has no credibility. None.

He ought to resign.

2 comments:

Anonymous said...

I figured it at roughly a $600 million decrease in incoming tax revenues. Interesting how that works when tax rates and spending both increase out of sight.

As best as I can determine, the Doyle "cuts" merely put the level of increase right back where he wanted it in November.

GOR said...

And how much has cigarette-tax revenue dropped "below estimates" since the $1 a pack increase last year...?