The Heritage Foundation has posted a new working paper that considers whether public workers in California are overpaid compared to their private sector counterparts. The paper’s findings are summarized today in a Wall Street Journal op-ed, coauthored by myself and AEI’s Andrew Biggs. We argue that previous public-private comparisons at …
After days of lost class time for Wisconsin students, teachers have returned to school. Yet Governor Scott Walker (R) is still faced with the demands of teachers unions who are pushing against reforms that would restructure teacher pension and benefit plans and reform unions’ collective bargaining power. While unions announced …
Over the past week the nation witnessed the spectacle of Wisconsin and Indiana Democrat lawmakers fleeing across state-lines into Illinois, Bonnie and Clyde-style, though in this case in hopes that their absence would stave off having to make tough decisions. Back home, their votes were needed to rescue their states …
This week the media’s attention is finally focused on oil prices. After two years of continually rising consumer gas prices in America, the oil futures market has captivated the Mideast storyline. And attention is much needed. December 2010 saw the highest gas prices for the month of December in our …
The world continues to watch the unfolding drama of popular revolt in Libya. In recent days we have seen a murderous Muammar Qadhafi vowing to fight “until the last drop of blood,” foreign mercenaries entering Libya to kill civilians, former members of Qadhafi’s government ready to prove his direct involvement …
Uncle Sam is spending you into the poorhouse. Taxes, inflation, unemployment, interest rates – all could skyrocket if Washington keeps spending trillions of dollars it doesn’t have. Unless we begin to cut spending now (a lot of spending) these four horsemen of debt will ride roughshod over families and businesses …