School districts that freeze employee salaries would get more state aid under a plan being considered by Albany lawmakers. This, of course, would require unions representing... Read More
Research
Patrick M. Regan, a political science professor at Binghamton University, says his union--United University Professions--should agree to forgo 4 percent pay raises in July. In a op-ed in the Binghamton Press & Sun-Bulletin, Regan writes... Read More
Would the "comprehensive reforms" unveiled today by the state Senate's Majority Democrats "fix the state’s broken budget process and give New Yorkers a fiscally responsible budget," as they claim? Of course not. There are, however, some good ideas... Read More
That's the provocative title of a Working Paper newly posted on the website of the National Bureau of Economic Research (NBER). The answer, in a word, is "yes." The co-authors of the paper, which focuses on strikes by nurses in New York between 1984... Read More
Support for some kind of wage freeze (state, local, school district or all public employees) is growing as shown by newspaper editorials in recent weeks (here) and (here). In the past few days, additional editorials weighing in on the topic... Read More
New York state educators are warning that proposed cuts in state aid to public schools next year could force more than 14,000 teacher layoffs. Read More
“Fantasy in, fantasy out” is the way one leading economist has described the budgetary assumptions behind the new federal health care overhaul, which supposedly will reduce the projected federal deficit over the next 10 years even while creating two new federal entitlement programs. Read More
Unless there's surprise development, state workers will get pay checks in mid-April that are fattened with 4 percent salary increases--despite Governor Paterson's call for shared sacrifice. As Daily News columnist Bill Hammond writes () Read More
The l in today's New York Times profiles the 10 highest-earning hedge fund managers. A quick Google search indicates that only three of the firms run by these superstars -- Soros Fund Management, Paulson & Co., and Harbinger Capital Pa Read More
As its 2009-10 fiscal year draws to a close, New York is on track to collect roughly $500 million less than originally projected from last year's temporary "millionaire tax," which raised the marginal income tax rate by up to 31 percent on taxpayers Read More
New York State educators are warning that proposed cuts in state aid to public schools next year could force more than 14,000 teacher layoffs. Officials of the state’s largest teachers’ union claim aid cuts will “devastate” education, leading to a “drastic” reduction of programs and “much larger class sizes.” Read More
The idea of freezing wages of public employees has gained bipartisan support and picked up steam in newspaper editorials around the state in recent days. In an op-ed in the Week in Review section of The New York Times, former U.S. Sen. A Read More