How Can Illinois Get Back on Its Feet?

National Right to Work Committee

From January 2009, just a few months before the trough of the 2008-2009 recession, through July 2014, seasonally-adjusted nonfarm payroll employment across the U.S. increased by 5.0 million, or 3.8%. By historical standards, this is a very weak recovery.

A push for pension reform, thanks to the courts

The Washington Post

HERE ARE the facts of life about the American public sector: Citizens depend on local government for vital services, from education to parks; the quantity and quality of those services depend directly on how many tax dollars are available to pay for them; and insofar as those resources are already committed to pensions and other forms of deferred compensation for public employees, they can’t be used to maintain and enhance services in the here and now.

A Calpers Comeuppance

The Wall Street Journal

A major political battle line these days is between public-union pension funds and taxpayers who pay the bills. Taxpayers won a major victory late last week when federal judge Christopher Klein ruled that the California Public Employees’ Retirement System (Calpers) isn’t protected from cuts in the city of Stockton’s bankruptcy trial.