Contemporary Lincoln, Part 4

Address to the Young Men’s Lyceum of Springfield, Illinois    Abraham Lincoln’s Speech and how it pertains to the current situation of the United States, Part 4 As a reminder, I am working through the speech Lincoln gave in 1838 to the Young Men’s Lyceum of Springfield, Illinois sentence by sentence and putting it into current … Continue reading

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