The American economy is growing and growing strong. More than a decade after the financial collapse and great recession, the American economy continues to grow at an impressive rate. The most recent economic report from the Bureau of Economic Analysis continues to reflect this reality, showing a growth in the American economy of 3.4 percent.…
As Louisiana lawmakers continue to debate how to solve the so-called “Fiscal Cliff” (to get up to speed on all the facts, be sure to check out our Citizen’s Guide to the Fiscal Cliff!), the threat of a February special legislative session looms large. Proponents of tax increases are pushing hard for this session, and taxpayers…
In Pelican Institute CEO Daniel Erspamer’s latest column in The Hayride, he lays out what’s at stake in the coming debate about how to solve Louisiana’s “Fiscal Cliff.” It starts with getting the facts right. The problem with all of this is we haven’t really identified the problem. The truth is, given recent events, the…
Although food stamp participation rates typically increase during a recession, a new study demonstrates that the rate of growth between 2008 and 2012 is unique.
The issue of higher education salaries has caught the attention of state Rep. Simone Champagne, R-Erath. She passed a resolution this session requesting that the Board of Regents “study executive compensation at the university system offices and boards.” The final report is due to lawmakers in early February 2013.
The complex nature of the retirement system tends to obscure the importance of pension reform. This has contributed to an unfortunate lack of urgency over the years. But while the details can appear daunting, the crux of the matter is simple: Louisiana has promised its retirees more than it can deliver.
By building on existing research from the Louisiana Sentencing Commission and following key principles that have guided successful reforms in Texas and other states, Louisiana policymakers can take the next steps to enhance public safety in the state and control costs borne by taxpayers.
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.
We believe that voters should support this amendment and vote Yes on Saturday. While there is no doubt that policymakers have been challenged by recent budget shortfalls, most taxpayers face challenges of their own. These taxpayers must live within their means and we believe that policymakers should do the same.
A grant meant to spread broadband internet to rural Louisiana has been rescinded on the grounds that it would crowd out private businesses.