Public-sector unions are only "superficially" democratic, often leading them to take positions opposed by a substantial number of their members and to take more interest in retirement benefits for older members than in wages and working conditions, according to a new study.
A Rust Belt industrial "boom" spurred by new energy production is the focus of a front-page story in today's New York Times — highlighting, once again, the sort of growth upstate New York is not experiencing while Governor Andrew Cuomo continues to stall the issuance of regulations allowing hydraulic fracturing to produce shale gas.
There’s been a huge increase in gas production in the Utica shale region, including two highly productive finds just across the New York border in northern Pennsylvania. And so the economic opportunity cost of New York State’s moratorium on shale gas exploration keeps on rising.
It’s no surprise that Comptroller Thomas DiNapoli was able to announce another decrease in the tax-funded employer contribution rates to the state's biggest public pension fund. But the fund remains a bomb in the making.
A recent online survey asked, "should employees have the right to decide, without force or penalty, whether to join or leave a labor union?"
Nearly 83 percent of New York respondents said yes, they should.
New York City and its suburbs continue to account for most of the year-over-year job growth in New York State, according to the latest data.
The property tax cap for New York counties, towns and villages with fiscal years starting January 1, 2015 will start at 1.56 percent, slightly lower than last year's starting rate of 1.66 percent. The cap in each locality will vary based on the amount of applicable allowable exclusions for growth in local property values. Localities also will be able to exclude the amount by which the change in pension contributions exceeds two percentage points
If GE and IBM have some truly great and promising ideas for next-generation semiconductor materials, why do they need a New York taxpayer subsidy to develop them?
Ira Stoll has provided some answers in a must-read column.