Awareness raised. Now what?
Municipal officials in New York appreciate state efforts to increase public awareness of their fiscal struggles, but it won’t be enough to stabilize local budgets. Speaking yesterday at a forum hosted...
View ArticleWhat does your governor earn?
In the item below we listed the states with the highest paid legislators. The Pew Center on the States has just released a list of governors’ salaries for this year and each year going back to 2007....
View ArticleWho is doing better, private or government workers?
The Pew Center on the States has posted a new dataset based on Census numbers, comparing average wages for private sector workers and government workers in all 50 states from 2007 through 2012. The...
View ArticleNew York’s legislative pension scam
One impediment to pension reform, I’ve observed before, is that around the country state and local legislators have crafted retirement packages for themselves that are equal to or better than the...
View ArticleIncome migration and unions: Causation, correlation, coincidence?
The Tax Foundation has calculated the income of people migrating among the states for the period 2000 to 2010. One cannot help but notice that states with the largest net-negative income migration are...
View ArticleU.S. prosecutor to seize pensions of corrupt state pols
New York State has what’s generally considered among the most extensive protections of public sector pensions in the states, thanks to a constitutional clause guaranteeing that pensions cannot be...
View ArticleGriping about taxes is high where unions are strongest
Gallup has a new state poll out listing where residents gripe the most about taxes. The winners (if you can call them that) are largely not surprising, if you follow policy debates these days. (Except...
View ArticleJersey pension system beyond saving at any reasonable cost
For three years now PSI has been warning (see here and here ) that New Jersey had neglected its government employee pension system for so long that the state’s 2010 and 2011 reforms were inadequate to...
View ArticleBloomberg’s cheap shot at Christie on pensions
I generally try to remain agnostic about whether the media politically lean one way or another, and whether the press has it out for certain politicians or not. Still, a piece that ran on Bloomberg...
View ArticleWhat’s really behind the NYC pension crisis?
The NY Times has a long story today on the woes of New York’s municipal pension system which explains that despite sharply higher contributions on the city’s part its pension hole just keeps growing....
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