Great recap of the welfare reform travesty – in which Clinton admits that the poorest families in the U.S. are worse off after welfare reform. Also describes how state control, combined with fiscal downturns, pulled money away from the poor.
I’ve written a lot about how public pensions came to be blamed for the fiscal crisis looming (or already “crippling”) many cities and states. The National Public Pension Project has been working since 2007 to change the narrative about the value of public pension plans, and has an interesting website and blog. NPPC believes every […]
Important article about the slippery slope from an underpaid teacher crowdfunding for classroom supplies to a bankruptcy city crowdfunding to clean up its parks. Crowdfunding is great when it funds new products that aren’t getting supported by more conventional forms of investment: Public necessities, by contrast, are not awesome; they’re essential. Roads, health care, education: […]
To be filed under the “be careful what you wish for” category of fiscal policy. Colorado scrambles to avoid having to refund all of the revenue from marijuana sales, because, well because SMALL GOVERNMENT! As an April 1 report in The Times explained, Colorado’s tax revenues have recently surged, thanks in part to the booming […]
So much to say about Obama’s budget, the geek in me actually wants to read the entire plan, but I have this pesky dissertation to finish instead. Budgets are inherently redistributive documents, in one direction or another. Obama’s proposal is being characterized as a bold effort to redistribute the benefits of the recovery to the […]