There is a misconception about the pension plan in Wisconsin. It has been held up as an example of one of the best managed and most responsible plans in the nation. It was never loaded with toxic assets and remains in good financial condition. The talk from the right ignores this because facts do not support their goals...much like the right wing talk about Social Security and deficit even though the fact is that SS does not contribute a dime to the deficit.
Facts are ignored when they don't fit the agenda !
Deficit in Wisconsin? Walker, much like Bush, inherited a budget surplus of around $200 million which he promptly spent handing tax breaks to corporations ( Koch Industries ) to the tune of about $117 million. Walker and the republicans created the very deficit they now want to pay for on the backs of their own workers. Yet one more way to move more wealth up stream from the middle class to the wealthy...using government to play reverse Robin Hood.
About Wisconsin Protests
Read the Article at HuffingtonPost
