Browsing: Media

The recent fiscal challenges facing Wisconsin state and local governments have caused a serious re-evaluation of all aspects of government spending. Yet little attention has been given to the cost of providing pensions to public employees.

The problem is far too severe to be solved by increasing taxes on the wealthy or by cutting the bureaucracy. In other words, nothing that resembles business-as-usual will close Wisconsin’s looming budget hole.

The unfunded liability for these health care costs stands at $2.6 billion, more than double the district’s entire annual operating budget. These costs will ultimately be borne by Milwaukee taxpayers, and, because of the state school funding formula, taxpayers statewide.

Not only would Wisconsin’s households and firms bear the high burden of the costs of the Governor’s Task Force on Global Warming proposals, but these costs will be borne in the near term.

Trends paint the picture of modern legislators who work less, grow older in office and are less likely to lose their seat in a general election. In effect, for a large number of legislators, their legislative job has become their career.

As the US implements the transformation of General Motors into “Government Motors,” and the Troubled Asset Relief Program (TARP) and American Recovery and Reinvestment Act (ARRA) raise government investment and entanglement in the private sector to historic new levels, the question on everyone’s mind is “will it work?”   Oddly enough, clues to the answer of that question may come from an unexpected place:  Iraq.

Wisconsin’s criminal justice system is marked by a pronounced cycle of crime followed by incarceration followed by parole followed by repeated crime.

New testing approaches not only could serve as a basis for changing state-required tests, but they could also pave the way to improvements in how Wisconsin’s teachers are compensated. These changes would have important implications for the teaching profession.

The state should move toward a testing program with computer-based scoring so that results could be obtained and used promptly.

The state’s budget problems are due to the cumulative effect of bad budget practices which have persisted for the better part of the past decade, in good and bad economic times.

The state could become a “health care magnet,” attracting large-scale migration each year from other states among individuals and families in need of insurance.

Poll finds Wisconsinites concerned about jobs and the state’s economy.

Poll finds 50% of Wisconsinites thinks cutting state spending by 3% is the solution to the state’s deficit problem.

At some point, the liability must be paid or benefits must be scaled back.

Likely voters were asked their preferences in the 2008 presidential election as well as factors important to them in choosing a new president.

Report recommends the Legislature and the governor repeal the minimum markup law as applied to motor fuel.

This study points out that Healthy Wisconsin is not so much a solution to the problem as it is the creator of even bigger problems that will dwarf the current crisis we have in health care.

Well-informed consumers hold the potential to revolutionize the health care market.

The point of this study is to detail practical solutions and guidelines that can transform Milwaukee’s future.

As Wisconsin’s population ages, we will need immigrants in our future workforce to keep our economy vibrant.