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As we've said (repeatedly), the new labor contract betwen the Metropolitan Transportation Authority and the Transport Workers Union, decided by a panel of state arbitrators yesterday, is an outrageous giveaway. But just as outrageous was the s Read More

AUTHOR'S NOTE: PLEASE SEE BELOW FOR IMPORTANT CORRECTIONS TO THIS POST IN BOLD. In May, after months of turmoil, Albany agreed to a new package of taxes for the state-run Metropolitan Transportation Authority (MT Read More

Nicole has on the generous contract arbitration award to transit workers.   Her lead sums it up nicely: THE MTA just managed to give away the store in the new Transport Workers Union contract -- and they couldn't have done it without Read More

UPDATE: My WOR radio interview on this topic with John Gambling is . A labor arbitration panel is prepared to award raises of nearly 12 percent over the next three years to Metropolitan Transportation Authority (MTA) employees represented by Loca Read More

Generations of young (mostly male) Americans have schooled themselves in basic auto mechanics, saving thousands of dollars in the bargain, by teasing years of service out of high-mileage cars given up for dead by their previous owners.  For that guy Read More

"New York recently paid almost $50 million to private stock managers to actively invest part of the state's massive public pension fund, and they lost more than $1 billion, a worse performance than stocks that were essen Read More

exemplifies the federal stimulus bill at its worst.  It's basically a helicopter drop of cash justified on the grounds that, after all, these folks need the money and will spend it--which, when you come right down to it, is justification enough for Read More

Today's Times about how the nation's governors are worried that Congress will expand Medicaid without giving states more resources to pay their part. This part requires further inquiry: "Connie Baugh received a letter ... from [Washington Read More

"Goldman Sachs CEO Lloyd Blankfein has warned his employees to avoid making big-ticket, high-profile purchases as the gold-plated Wall Street firm hunkers down amid a firestorm of public and political anger over outsize bonus payments," today's N Read More

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About

The Empire Center is an independent, non-partisan, non-profit think tank located in Albany, New York. Our mission is to make New York a better place to live and work by promoting public policy reforms grounded in free-market principles, personal responsibility, and the ideals of effective and accountable government.