Of course, Wisconsin was never bankrupt.
And according to some accounting methods, Wisconsin still has a deficit, and deficits have been passed on by Governors Thompson and McCallum without this sort of hysteria found in the group's Wednesday email to the gullible:
The normal people of Wisconsin have been presented with a challenge they never asked for: to stand in defense of the kind of government reforms that were needed to rescue this state from bankruptcy—and that are still needed to rescue the whole nation from bankruptcy. It is a sobering challenge and a deadly serious one.Wisconsin law requires balancing. The state can always raise revenues. Bankruptcy is essentially impossible - - and are exceedingly rare for municipalities, as PolitiFact noted when it rated Walker's "we're broke" claim "false."
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