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To Enact Pension Reform, Make Good Policy Good Politics
In my previous post, I looked at some basic principles that should guide state policy makers when tackling pension reform. Now, we turn to the…
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Who Wants to See Their State Go Broke?
Few people would raise their hands when asked that question. But actually putting a state's financing on sound footing is difficult in practice. That makes…
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“The bill doesn’t come due until well after the legislators who wrote the check have left office”
Thus describes an Illinois state Senator the challenge states face in reforming their public employee pension systems. Given that reality, it's astounding reform would ever…
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Loss of Economic Freedom Takes a Toll on Small Businesses
The 2014 edition of the Heritage Foundation/Wall Street Journal Index of Economic Freedom is set for release next week, and for America, the news…
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With Declining Membership, Wisconsin Teachers Unions Consider Merger
The the corporate world, mergers are generally considered a sign of confidence, as companies seek to expand their operations. Within organized labor, by contrast, they're…
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Public Pensions Are Not Property
Across the nation, state and local governments in dire financial straits face great difficulty in their efforts to bring their budgets under control. Pensions are…