Public and Private Sector Wage Disparity

To begin looking at the actually case studies coming out of New England and Minnesota, first, we need to look at the overall data.  The Center for Economic and Policy Research released a study, “The Wage Penalty for State and Local Government Employees” in 2010 that discussed the actual earnings of state and local workers … Continue reading

Wait…What was that?

The contestation of discount rates in states and municipalities is completely based in speculation.  All projected return rates from markets are, just as titled, presumptive.  The true issue at hand is whether or not to operate the pension fund accounting in a conservative or risky manner.  Surely, in 2010, when the average return rate was … Continue reading

The Arts are Alive in DC! When do they come off life-support?

With the finishing of Arts Advocacy Day and the passing of the FY13 budget for the District, one has to wonder, “When will the arts be given the credit they deserve?”  It’s easy to pick on the arts, they don’t fight back with guns and legislation, instead choosing to war with paint, movement, and grace. … Continue reading