The irony and hypocrisy is simply overwhelming. Here is the CEO of Alaska Municipal League arguing against shifting PERS costs to local governments even though she is covered in PERS as a non-government employee!
(National Center for Policy Analysis) The sudden increase in property values and demand for housing in San Antonio’s Edgewood indicates the desire of parents to move into the district’s boundaries in order to qualify their child for the voucher program.
(Reuters) Banks repossessed a record number of U.S. homes in the second quarter, but slowed new foreclosure notices to manage distressed properties on the market.
The U.S. welfare program will see a 42 percent increase from FY2008 by FY2011, something The Heritage Foundation calls unsustainable and a path to bankruptcy.
Every generation in America…until this one…has endeavored to deliver a better quality of life, and an improved nation to our children. For the first time in our country’s history, we have failed in this challenge.
Alaska will be unable to fund 100 percent of the PERS obligations until 2034, according to an evaulation by a consulting firm. Rising salaries are creating a larger liability according to officials.
After an independent review of Alaska’s public retirement systems revealed more than $24 billion in unfunded liabilities, state officials said the steady annual increases in debt were caused by a combination of unhealthy markets and rising health care costs.
(Chicago Tribune) Illinois needs leaders who see that, across this nation, concerns about the public sector’s size, cost and reach is the domestic issue that most rivets Americans.
(Lesprom) Lumber exports to China hit 1.63 million board feet in 2009, more than twice the volume shipped in 2008. Those exports generated $327 million in revenues, a 70% increase over 2008. The […]
(Los Angeles Times) Currently, firms mostly respond to weak demand by laying off workers. Under a work-sharing program, firms are encouraged by government policy to spread a small amount of the pain across many workers.