U.S. Bureau of Econ Analysis: Before Walker's Deep Cuts, WI's Gov Size Was Already Under 40 Year Avg | WisCommunity

U.S. Bureau of Econ Analysis: Before Walker's Deep Cuts, WI's Gov Size Was Already Under 40 Year Avg

The United States Bureau of Economic Analysis (BEA) is a division of the Department of Commerce that tracks each states Gross Domestic Product (GDP), including subcategories of each economic sector.  According to the BEA, in 2010--the year prior to Governor Scott Walker taking office and making "necessary" draconian cuts to control Wisconsin's "out of control spending"-- Wisconsin was actually spending just 9.2% of its GDP on state and local government spending, which is beneath the 40 year average of 9.37%.  

In fact, through the last 40 years Wisconsin's state and local government spending has held steady between 8.8 and 9.8 percent of Wisconsin's GDP-- contradicting another claim that collective bargaining has led to an explosion of government spending.  See chart below:

 

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Published

May 16, 2013 - 9:45am

Author

randomness