The Syriza party wins a major victory in Greece, forming an alliance with right-wing opponents to austerity (or, more specifically, to following the orders of Germany and the EU). I wish I had time to read much more about what’s happening in Europe, so I’ll just have to save it for summer beachside reading, post-dissertation. […]
Austerity
Informal Economy Budget Analysis
I just stumbled across this concept today (during the San Francisco Bay Area superstorm!): Informal Economy Budget Analysis. Pioneered by Women in Informal Employment: Globalizing and Organizing (WIEGO). In their words: Informal Economy Budget Analysis (IEBA) examines how government budgets address the needs and interests of different groups of informal workers. It also investigates what […]
Detroit loses power, literally.
Detroit — A widespread power outage Tuesday that caused evacuations of buildings throughout downtown is “another reminder of how much work we still have to do to rebuild the city,” Mayor Mike Duggan said. Duggan, speaking at an afternoon press conference, said Detroit is in the early stages of a four-year, $200 million plan to […]
News of the unsurprising: tax cuts lead to budget deficits
November 18, 2014 – RALEIGH, N.C. North Carolina lawmakers are likely enjoying some downtime after the legislative session and midterm election, but experts predict a tough session waiting for them on their return to Raleigh. A report from the Office of the State Controller indicates tax revenues are down by almost $400 million compared with this same […]
Kansas cuts taxes, guess what happens next?
There may be even bigger challenges coming. In addition to the likelihood the state will face another unpleasant revenue surprise in the spring, a pending court decision could obligate the legislature to add hundreds of millions of dollars a year to state aid to school districts. And bond rating agencies, which already downgraded the state’s […]