{"id":2525,"date":"2011-12-23T11:23:10","date_gmt":"2011-12-23T16:23:10","guid":{"rendered":"http:\/\/profs.wisc.edu\/?p=2525"},"modified":"2011-12-23T11:23:10","modified_gmt":"2011-12-23T16:23:10","slug":"report-shows-public-employee-pay-reductions-hurt-economy","status":"publish","type":"post","link":"https:\/\/profs.wisc.edu\/?p=2525","title":{"rendered":"Report Shows Public Employee Pay Reductions Hurt Economy"},"content":{"rendered":"<p>Professor Steven Deller, a <a href=\"http:\/\/www.aae.wisc.edu\/faculty\/deller\">faculty member<\/a> in the Department of Agricultural and Applied Economics, <a href=\"http:\/\/host.madison.com\/ct\/business\/biz_beat\/biz-beat-walker-s-budget-cuts-are-costing-state-private\/article_d831175c-2b4c-11e1-89e9-001871e3ce6c.html\">spoke<\/a> at a press conference Tuesday and shared his <a href=\"http:\/\/www.thewheelerreport.com\/releases\/December11\/1220\/1220deller.pdf\">research<\/a> on the state&#8217;s economy. Deller found that a 7.7 percent pay reduction (roughly the amount of increased pension and insurance contributions) \u00a0greatly reduces consumer spending in the state and puts Wisconsin in a weak position to create jobs.<\/p>\n<blockquote><p>The state budget cuts are essentially rippling their way through the state&#8217;s economy . . . (and) it looks as though we&#8217;re not going to recover any time soon.<\/p><\/blockquote>\n<p>Deller said that the state has lost more than 20,000 jobs due to a reduction in government spending, and about half were attributed to the decrease in public employee take-home pay. Wisconsin ranks alongside Louisiana, West Virginia, and Wyoming as worst in the country based on state job indicators.<\/p>\n<p>Cullen Werwie, a spokesman for \u00a0Governor Scott Walker, maintained that the cuts were necessary to balance the state budget without any tax increases and helped prevent public school or local government layoffs.<\/p>\n<p>The press conference was led by State Representative Brett Hulsey (D-Madison) who presented a <a href=\"http:\/\/www.wisconsinsfuture.org\/publications_pdfs\/tax\/IWF_The%20Price%20of%20Extremism_Dec2011.pdf\">report<\/a> by the Institute for Wisconsin&#8217;s Future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Professor Steven Deller, a faculty member in the Department of Agricultural and Applied Economics, spoke at a press conference Tuesday and shared his research on the state&#8217;s economy. Deller found that a 7.7 percent pay reduction (roughly the amount of&hellip;<\/p>\n<p class=\"more-link-p\"><a class=\"more-link\" href=\"https:\/\/profs.wisc.edu\/?p=2525\">Read more &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[19],"tags":[33,37],"class_list":["post-2525","post","type-post","status-publish","format-standard","hentry","category-the-state","tag-budget-repair-bill","tag-wisconsin"],"_links":{"self":[{"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=\/wp\/v2\/posts\/2525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2525"}],"version-history":[{"count":14,"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=\/wp\/v2\/posts\/2525\/revisions"}],"predecessor-version":[{"id":2539,"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=\/wp\/v2\/posts\/2525\/revisions\/2539"}],"wp:attachment":[{"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/profs.wisc.edu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}