Our recent posts on NC employee pensions and health care are bringing some responses from readers, so let’s look at some of the objections. One is that state employees get less in salary, so the retirement and health benefits just make up for that. Sorry, that stereotype is way out of date. Data shows that [...]
Who Wants to Be a Millionaire?
Check out this new feature produced by the folks at the Manhattan Institute. At calculateyourpension.com/NC/ all of us poor saps in the private sector can calculate the pension you would receive if you were a state employee. For instance, if you worked for 40 years and retired at age 65 with an average annual salary of $90k [...]
North Carolina’s Lost Decade
Lost jobs, lost fiscal restraint by state government, lost opportunities for spending reform, and more lost ground in terms of worker pay. These topics all dominated North Carolina’s economic landscape during the recently-completed decade. In this article just posted at www.nccivitas.org, I examine several of the major fiscal and economic trends in our state from [...]
Senate Budget Summary
For those interested in more details regarding the recently released Senate Budget proposal, visit www.nccivitas.org to see the Civitas Institute’s summary. For a direct link to the article, click here.
Parsing the Conflicting Job Loss Claims
N.C. House Republican leaders held a press conference yesterday to discuss the House’s budget proposal, being debated on the House floor today. The primary issue being discussed related to wild fluctuations in the different estimates of “job cuts” included in the budget. Democrats have been warning the House GOP plan would ax more than 30,000 [...]
