Mandating an “educated workforce”

Forcing would-be high school dropouts to stay in school would make sense if any evidence suggested it would magically create positive educational outcomes. No such evidence exists. But that won’t stop The Louisville Courier-Journal. A Thursday editorial said: “Raising the dropout age might cost $15 million per year, but, as the Governor himself has argued,…

Making it up on volume

President Barack Obama’s Domestic Policy Council Director Melody Barnes spoke to reporters this morning via conference call about Obama’s health care reform proposal in which he seeks to expand insurance coverage and government coverage while also lowering costs. A reporter asked her how this plan would be different than the state attempts to do the…

What’s next: Kentucky Derby Tax?

Politicians are fond of promising to run government “like a business,” only to toss the idea aside at the first sign of resistance from the bureaucracy. But Gov. Steve Beshear has taken the backtracking to a new level by treating a business opportunity like a government program. Beshear has opted to scale back traditional Kentucky…

Standing in line to rob the train

The Lexington Herald Leader got the press release from Gov. Steve Beshear announcing the arrival of $37 million in housing bailout money. And they even wrote an article! But they missed the story. The Kentucky Department for Local Government reports the money is already gone and applications for an additional $78 million will have to…

Socialized InternetCare on the way

The U.S. Census Bureau reports that more than 2.6 million Kentuckians don’t have broadband internet access in their homes. Quick, someone call the government! Actually, it appears someone already has. And since only six states have a lower broadband penetration than Kentucky, expect Internetforeveryone.org to get here soon. Internet Service Providers should probably get to…

Looking up to San Francisco

As Kentucky’s $30 billion public employee pension mess grows worse and worse each day, one left coast city has avoided the mess by telling the political class who’s boss: “The place without a pension disaster is the City of San Francisco. And the reason it doesn’t have a pension disaster is that all pension changes…

Stupid is as stupid subsidizes

Hard to miss the irony of this past week when a Kentucky Senate committee had a hearing on government spending transparency just as twin legislative secrecy bills were offered by the leaders of each chamber (here and here). By the same token, our lawmakers seem increasingly determined to give taxpayer money to motion picture productions…

Obamulus for Kentucky won’t touch this

When billionaire investor Warren Buffett speaks, people usually listen. Politicians at every level of government in Kentucky should hear this, from his annual letter to shareholders sent out yesterday: “Local governments are going to face far tougher fiscal problems in the future than they have to date.”“The pension liabilities I talked about in last year’s…