No. of Recommendations: 1

Since Tom Barrett took over as Mayor of Milwaukee, city spending has increased by more than $320 million – more than 27%. Instead of making government live within its means, Mayor Barrett paid for all his spending by raising taxes, even in these challenging economic times. In his very first budget, Barrett broke his pledge to keep a lid on property taxes and has continued increasing taxes and fees ever since. In fact, property taxes are up more than 20% and fees have doubled.

Given Mayor Barrett's reckless fiscal policies, it's no surprise that Milwaukee has among the worst job creation records of any big city in the United States. Unemployment is up 28% on Barrett's watch, and Milwaukee's jobless rate is significantly worse than the state average.

Sources: City of Milwaukee; Milwaukee Journal Sentinel; Bureau of Labor Statistics; Wisconsin Department of Workforce Development

If only he gets the chance to apply his skills at job destruction and tax hiking at the state level, he will become a shining new star in the Democratic firmament. He'll have the resumé to carry on in 2016 where Obama left off.

What surprises me is that he hasn't been recruited by California's Democratic Party to help them finish off the state.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.