Over the course of several decades, more than one dozen local retirement systems have successfully petitioned the Legislature to establish some or all of their pension plans in state law. Commonly codified plan elements include: contribution rates, benefit levels, and board composition. By securing their provisions in state law, this select group of state-governed systems has erected a major obstacle to community-driven reform and effectively cemented a series of unsustainable practices.
Economy
Most Americans ‘Triggered’ by the Grocery Store
A new Axios-Harris poll bolsters the idea that Washington D.C. policymakers and Bidenomics have utterly failed most Americans. Some topline findings: “Republicans, rural residents, renters, women and singles disproportionately feel like they’re in a big fat funk financially…” “Six in 10 surveyed say they’re now ‘triggered’ by trips to the grocery store.” “Grocery purchases are...
January 12, 2024