Donald Trump has been excoriated by critics for ordering the killing of the number one terrorist in the world, Qassem Soleimani. If he wasn’t number one, who was?
As Connecticut senators vote on a labor “concessions” deal, the irony is that even greater savings can be achieved without any deal at all. Gov. Dannel Malloy claims to have extracted $715 million in wage savings over two years through a “wage freeze.” Yet, without any deal, he could achieve $770 million in wage savings. The simple truth is that wages can only be raised by contract. No contract, no raises.
As they say, “Everything’s been said and everyone’s said it”: Connecticut’s state workers were nuts to reject the deal offered by Governor Dan Malloy. Indeed, anyone who looked closely at the deal is doubly amazed, because it involved no genuine sacrifice: a two-year wage freeze (no pay cuts or unpaid furlough days) followed by three […]
Battling public sector unions has proved to be so much fun for Republicans that Democrats in the Northeast want in on the party: Last month Democrats in the Democrat-controlled Massachusetts House adopted a bill limiting public union bargaining rights. In New York, Democrat Governor Andrew Cuomo’s budget will force all governmental units statewide to pare […]
The world is a different place in the aftermath of the 2008 financial crash and the Great Recession — but not for Connecticut’s new governor, who emerged this week in his budget address as a traditional tax-spend-and-borrow Democrat. Here are Governor Malloy’s proposals for fiscal year 2012 beginning in July: $1.5 billion in new permanent […]
The first major feature of Obama Care is being launched, high-risk health insurance pools, which cover citizens previously denied insurance due to prior conditions. Congratulations, Republicans! Yes, Republicans, because expansion of high-risk health insurance pools was the central element of the GOP’s common-sense alternative to the grandiosity of Obama Care, aka the Affordable Care Act […]
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 is over 2,300 pages long. The Glass-Steagall Act, the landmark bank reform bill of 1933, was about 100 pages long. Less is more. Glass-Steagall gained strength from its simplicity. The 1933 Congress concluded that the combination of investment banking and commercial banking (and other […]