Friday, October 8, 2010

Unemployment up as Election Nears

Unemployment is up to 10.1% according to Gallup but perhaps more significantly, under employment or those working part time but looking for full time work is nearing 20%. This could explain the sharp, 24% rise in food stamp use in Wisconsin over the past year. Clearly things aren't going the right way.

Wisconsin specific unemployment figures won't be revealed until the end of next week. While I expect the Doyle Administration to do everything it can to soften the blow, I don't think they will be able to cushion the impact of rising unemployment enough to save the Democrats this November. Unlike states that have taken steps to improve their economic climate, Wisconsin's Democrat controlled government has made things much worse. Just look at the tax increases that Phil Garthwaite and the Democrat majority voted for over the last two years:

Phone Tax - $107 million
Utility Tax - $18 million
Garbage Collection Tax - $69 million
Gas Tax Increase - $224 million (failed to pass the Senate despite Garthwaite's efforts to pass it into law).
Nursing Home Tax - $71 million
Hospital Patient Tax - $1.1 billion
Meat Tax - TBA
Capital Gains - $242.5
Large Employer Tax - $215 million
New Income Tax Bracket for Small Businesses and "rich people" - 1% income tax increase
E-commerce Tax - $11 million
Forced Property Tax Hike - $1.5 Billion

Look at this list and then think about the top claim Garthwaite makes in his campaign literature: lower taxes. Phil Garthwaite voted for each of the tax increases listed above. That's not rhetoric, that's a fact.

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