Essay

Generations Adrift Without the Habits of Working

By Justin Katz | July 23, 2012 |

One hears anecdotes, from time to time, about young adults who simply do not understand the habits associated with holding a job. Punctuality, an understanding that sometimes tedious or undesirable activities are necessary, and an appreciation of the relationship between consumer and vendor are all examples. Giving young adults the opportunity to learn such principles…

Thirty-One Legislators’ Pay Does Not a Turnaround Beget

By Justin Katz | July 23, 2012 |

The latest political news meme in Rhode Island has been the public declaration of 31 General Assembly legislators that they intend to forgo their scheduled salary increases: Starting this month, the annual salary for most members of the part-time state legislature rises from $14,185.96 to $14,639.90. The salaries for House Speaker Gordon D. Fox and…

One Legislator’s Pay Raise = A Mini Legislative Grant Program?

By Monique Chartier | July 22, 2012 |

For those possibly unfamiliar with it, the Legislative Grant program is a tax dollar slush fund controlled by General Assembly leadership from which tax dollars are distributed solely by and at the discretion of leadership to benefit those legislators who have been, in the eyes of leadership, good legislative Do-Bees. We need to clarify that…

Iowahawk: “DNC Scientists Disprove Existence of Roberts’ Taxon”

By Monique Chartier | July 21, 2012 |

Abject apologies for utilizing whole cloth Iowahawk’s own title for the title of this post. But it perfectly conveys the substance of his brilliant … er, “announcement” of a couple of weeks ago. (“Brilliant” in part because, like the mechanics of the recent discovery of the Higgs Boson, I don’t fully understand it.) WASHINGTON DC…

Unemployment Down… and That’s Not Good

By Justin Katz | July 20, 2012 |

From a Rhode Island Department of Labor and Training press release titled, “Unemployment Rate Drops to 10.9 Percent”: The RI Department of Labor and Training announced today that the state’s seasonally adjusted unemployment rate for June 2012 dropped to 10.9 percent, down one-tenth of a percentage point from the May 2012 rate. This represents the…

Mass Residents Now Visit and Spend More at RI Slot Parlors Than Rhode Islanders

By Monique Chartier | July 20, 2012 |

From GoLocalWorcester. Mass. residents spent close to $1 billion last year at New England casinos, continuing in a trend of increased spending over the past several years that beat out every other state in the area. This year was the first time that the Bay State outspent its neighbors, totaling a cool $909 million on…

Rhode Island To Offer Tax Amnesty

By Monique Chartier | July 19, 2012 |

Governor Chafee’s spokeswoman, Christine Hunsinger, confirmed this morning that one of the items in the FY2013 budget was a tax amnesty program. It will run from September 2 to November 15, 2012 and will apply to state taxes including income, sales, use, and unemployment insurance. Note that while monetary penalties and prosecution will be waived…

Like it or Not, Red Team/Blue Team is the American Way

By Marc Comtois | July 19, 2012 |

I’m tired of playing the same old Democrat versus Republican game. It’s like watching professional sports, only it will seriously impact your life. Our modern political culture has been shaped in such a way that we debate our politics like we root for our favorite football team. Doesn’t matter that the candidate may not share…

Credit for Building, Blame for Dividing

By Justin Katz | July 19, 2012 |

President Obama’s teleprompter style has been the subject of substantial (often mocking) critical commentary, and with some justification, as this nearly parodic 2010 video from a Virginia classroom proves: Given recent political events, one can sympathize with the desire of public officials to avoid extemporaneous speech. In a world in which one’s every public utterance…

Nationwide Unfunded Pension Liability Now up to $4.6 Trillion

By Justin Katz | July 18, 2012 |

About a month ago, I presented a comparison of estimates for the nation’s public-sector pension problem. While none of the results were encouraging, there was huge variation in the degree of frightfulness — the difference mainly being in the way in which they calculate liabilities. One of the economists, Andrew Biggs, of the American Enterprise…

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