Arnold Kling  

Local Government Fiscal Stress

College Education at the Margi... Donations vs. Taxes...

The Congressional Budget Office discusses the problem here. Where I live, the source of the problem is pretty obvious. The Washington Post editorializes,

Since salaries and benefits amount to 80 percent of county spending - and almost 90 percent of school spending - the fruit of the county's profligacy is a structural deficit that has proved impervious to repeated tax increases.

The school budget is bloated by overly generous pensions and a high ratio of non-teaching staff to teachers. To the extent that other state and local governments are in trouble for similar reasons, I think that the solution is conceptually simple: stop the looting by public employee unions.

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CATEGORIES: Fiscal Policy

COMMENTS (1 to date)
Shangwen writes:

Those teachers are amateurs. Check out what air traffic controllers in Spain have been making.

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