THE PELICAN INSTITUTE is offering up this five-point guide to understanding the Unfunded Accrued Liability, from how it originated and what kind of impact it’s having to national trends and possible solutions.
‘A defined contribution system is one no longer supported by taxpayers, but, rather by the responsible investment choices of individuals.’
In August, the Competitive Enterprise Institute (CEI), in partnership with Crossroads GPS, launched the Big Labor vs. Taxpayers Index, which measures the power and influence union bosses wield in each state.
Louisiana is beset with some of the most economically damaging regulations that flow out of Washington D.C, according to industry representatives and public policy analysts. They cite anti-energy policies, union favoritism and ObamaCare mandates as the primary culprits.
Mayor Mitch Landrieu has requested limited removal of seniority privileges from consideration in city lay-offs, and the local chapter of the Service Employees International Union is unimpressed.
New report gives Louisiana an “F” for human capital – a measure of the labor force’s education and skills – for a third year in a row.
Rep. Tony Ligi made every effort to pass legislation that would allow for greater public scrutiny of collective bargaining agreements between union officials and government agencies. His efforts fell short this time around but they have attracted national attention and will be revisited in Louisiana.
Despite higher job numbers, Louisiana’s unemployment rate increased by 12 percent from May 2010 to May 2011. Louisianians are also staying on unemployment insurance longer.
The American Enterprise Institute has released a working paper stating the federal compensation premium compared to private compensation is approximately 61 percent.
Only four members of Louisiana’s House of Representatives voted against legislation that blocks state government officials from mandating Project Labor Agreements (PLA) on construction projects. The bill also passed the Senate with bipartisan support. PLAs locked out non-union construction shops from the bidding process, industry representatives have argued.