Saturday, April 6, 2013

The Truth About the Wisconsin Jobs Picture

At National Review, Christian Schneider has an informative piece on why Wisconsin's job numbers have yet to reach Scott Walker's promised 250,000 new jobs during his first term, and the truth should challenge the assumptions of Walker's liberal haters. In particular, he notes that Wisconsin still has the fifth worst business climate in America, thanks to high personal and corporate income taxes. In other words, Walker and the legislature haven't gone far enough in the direction that liberals blame for our woes...not that they'll adjust either their positions or their invective accordingly.

However, that's not to say there isn't criticism Walker deserves. For one thing, this is why politicians should be very wary of pledging to deliver certain numbers by a particular date. It doesn't matter if some wonk worked it all out on paper for you; there are always variables you can't foresee and intentions that won't pan out. Aren't conservatives supposed to be the ones with the Hayekian appreciation that economies are too dynamic for total centralized comprehension?

For another, this is also why if Walker thinks he can gain anything by moderating, as he's been signaling, he's dangerously mistaken. Not only have his foes not given Walker any credit for not being as hard-right on taxes as he could be, now he also has moderation's negative policy fallout to deal with.

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