Pensions

ILLINOIS, THE GREECE NEXT DOOR

JANUARY 20, 2012 The Greece Next Door Illinois gets a credit downgrade, in contrast to Wisconsin. Run up spending and debt, raise taxes in the naming of balancing the budget, but then watch as deficits rise and your credit-rating falls anyway. That’s been the sad pattern in Europe, and now it’s hitting that mecca of […]

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THE ROMNEY PLAN VS THE GINGRICH PLAN

DECEMBER 9, 2011 The Newtitlement State On Medicare, Mitt Romney has the bolder, better reform. Newt Gingrich has risen from nowhere to lead in the early GOP primaries, and many voters seem to be gravitating to the former Speaker for his reform platform. In Mr. Gingrich’s telling, his ideas are bold and even radical, but

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THE PUBLIC SECTOR UNIONS ARE THE NEW TAMMANY HALL

NOVEMBER 26, 2011 ‘The New Tammany Hall’ The historian of the American city on what Wall Street and the ‘Occupy’ movement have in common, and how government unions came to dominate state and local politics. By MATTHEW KAMINSKI New York ‘What has the country so angry,” says Fred Siegel, “is the sense that crony capitalism

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A DETAILED PLAN TO CUT GOVERNMENT SPENDING

NOVEMBER 23, 2011 It’s Still Possible to Cut Spending: Here’s How The obvious place to begin is the repeal of ObamaCare. We also need to empower the states, streamline the federal government and modernize Medicare and Social Security. By GLENN HUBBARD Mr. Hubbard, dean of Columbia Business School, was chairman of the Council of Economic

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THE PUBLIC-UNION ALBATROSS

NOVEMBER 9, 2011 What it means when 90% of an agency’s workers retire with disability benefits. By PHILIP K. HOWARD The indictment of seven Long Island Rail Road workers for disability fraud last week cast a spotlight on a troubled government agency. Until recently, over 90% of LIRR workers retired with a disability—even those who

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GOVERNMENT UNIONS STRIKE BACK IN OHIO

NOVEMBER 5, 2011 They’re spending $30 million to repeal the state’s collective-bargaining reforms. By FRED BARNES Ohio Gov. John Kasich likened himself last week to Bernie Kosar, the Cleveland Browns quarterback from 1985 to 1992. Mr. Kasich was campaigning across Ohio for approval of Issue 2, the troubled referendum that would sharply curtail the power

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THREE POLICIES THAT GAVE US THE JOBS ECONOMY

OCTOBER 17, 2011 Capital gains tax cuts, deregulation to allow easier investment in growth companies, and the protection of intellectual property created a boom. By AMITY SHLAES Sometimes two separate news events turn out to be related. That’s the case with the Wall Street protesters and the extraordinary mourning at the death of Steve Jobs.

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