Giving elected officials the power to change the ways that public employees earn future benefits may make the difference in avoiding further Detroits.
A new union-sponsored study lowballs today’s pension costs by around two-thirds and overstates the net costs of corporate welfare.
A New America Foundation proposal would cost 3.7 percent of GDP and crowd out the private saving that drives our economy.
Requiring prospective teachers to take a rigorous ‘bar exam,’ as union chief Randi Weingarten proposes, is the wrong way to recruit and assess teachers.
Public-sector employees and the pension industrial complex are using deceptive and self-serving arguments despite having an obligation to provide the public with solid facts.
Conservatives understand their ideological opposite numbers far better than do liberals.
Why do public employees get a generous deal that is available pretty much nowhere else and to no one else?
Do teachers work dramatically longer hours than other white collar professionals? No.
Illinois public employees likely receive a significant pay premium over similar private sector workers.
Much, much more than you think.
Let us count the ways in which Social Security is and is not like a Ponzi scheme.
Education Secretary Arne Duncan has trashed Texas schools, but Texas gets great bang for the buck.
Should we impose a means test on Social Security and Medicare benefits? No.
How have public-sector pensions responded to the financial crisis? By doubling down, thus jeopardizing taxpayers.
Reducing Cost of Living Adjustments by basing them on a more accurate measure of inflation would alleviate the long-term Social Security deficit.
It once was, but isn’t anymore, and therein lies an important tale.
Every worker will be asked to make sacrifices as governments put their fiscal houses in order. Private-sector workers should be confident they are treated the same as public-sector workers.
If Americans prefer smaller government, why does it continue to grow?
The U.S. Social Security program is already among the most progressive in the world. Both liberal and conservative reformers would make it more so.
Should public-sector pensions shift their workers to Social Security?