Stock Market, Housing, Economy Signal State and Local Budget Woes in 2019-20
Stock Market, Housing, Economy Signal State and Local Budget Woes in 2019-20
The typical analysis of state and local government finances is that they are primarily a function of the economy. When the economy is growing well, and especially when it is growing faster than expected, local and state government finances prosper. When the economy grows, more people are employed and employees have larger paychecks. State income...
By Lanny Ebenstein
Public Employee Compensation Reform is Vital
Public Employee Compensation Reform is Vital
Individuals who oppose comprehensive and fundamental reform of public employee compensation can only be considered to be in denial. Almost every government agency in the country is going broke right now. Almost all are cutting back services and reducing staff. Government is diminishing at the state and local levels before our very eyes. Our streets...
By Lanny Ebenstein
Poll Shows Growing Opposition to Unions
Poll Shows Growing Opposition to Unions
Public sector unions are hugely powerful in California and the nation. In California, about 17 percent of all employees work for government at the local, state or federal levels, and about 14 percent of all employees work for state or local governments. Currently, about 4 million Californians — just more than 10 percent of all Californians — are members...
By Lanny Ebenstein