I draw your attention to the streets of Paris, this from the lead paragraph in an article in the10/13 WSJ — ” PARIS—French unions brought more than a million people […]
Long Term Perspective
Our long term financial problems
There is a growing belief among serious economists that we, as a country, face a large and unsustainable gap between our financial resources and our financial expectations. Current deficit spending […]
Pensions – Public and Private
There’s a thoughtful discussion on On Point today about how to handle guaranteed pensions in the face of economic volatility: http://www.onpointradio.org/2010/07/pension-crisis They touch on pensions’ contributions towards budget deficits, how […]
Municipal Relief Bill
The conference committee negotiating a municipal relief package reported a bill last night and the House accepted the report on what turned out to be straight party line vote.
State pension obligations
Will, There was an article in Saturday’s NYT entitled “In Budget Crisis States Take Aim at Pension Costs“. It quotes a pension expert who finds that states like Connecticut, Illinois, […]
An historical perspective on Lawrence
I have some experience with Lawrence. In the early 90’s, I helped create and run the annual Bread and Roses Festival, which celebrates Lawrence’s labor history. A few years ago, […]