Conservatively Speaking
State Senator Mary Lazich (R-New Berlin) represents parts of four counties: Milwaukee, Waukesha, Racine, and Walworth. Her Senate District 28 includes New Berlin, Franklin, Greendale, Hales Corners, Muskego, Waterford, Big Bend, the town of Vernon and parts of Greenfield, East Troy, and Mukwonago. Senator Lazich has been in the Legislature for more than a decade. She considers herself a tireless crusader for lower taxes, reduced spending and smaller government.
Did the stimulus help?
On May 1, 2009, I blogged the list of provisions included in Governor Doyle’s proposal to fully implement
“That is an interesting list. The question I have is this:
How does any of this create sustaining jobs?”
Almost one year later, the National Association of Business Economics (NABE) offers reason for optimism. The NABE reports, “The NABE’s April 2010 Industry Survey confirms that the
Some of the highlights of their survey of 68 members about business conditions:
- Industry demand increased for a third consecutive quarter.
- Expectations for economic growth in 2010 have improved significantly.
- Profit margins expanded for the third quarter in a row.
- Job creation increased for the first time in the past two years of this NABE survey.
- The percentage of firms increasing payrolls rose to 22% from 13% in the January survey.
- The percentage of firms cutting jobs moved lower—from 28% in January to 13% in April.
- The share of respondents expecting their firms to add employees over the coming six months rose to 37%, up from 29% in the previous survey.
Here is another important finding from the NABE survey:
“The vast majority (73%) of respondents reported the fiscal stimulus enacted in February 2009 has had no impact on employment to date. While 68% also believe a jobs bill, such as the one recently enacted into law, will have no impact on payrolls, 30% do believe it will boost payrolls moderately.”
You can read a summary of the NABE survey here.
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