The pension crisis WILL crowd out other services

Tuesday evening, Jim Waters of the Bluegrass Institute appeared on cn|2’s Pure Politics to discuss the commonwealth’s pension system crisis. Watch the discussion below. One of the take-away points is that if steps are not taken to deal with this pension mess, other services provided by the government will be crowded out of funding. We…

Dr. John Garen to speak on Obamacare on Thursday

This coming Thursday, September 27th, the chair of the Bluegrass Institute’s Board of Scholars, Dr. John Garen, will discuss some economic concerns with America’s current healthcare system, as well as proposed solutions from both centrally planned and free market perspectives. What:  Shelby Co. GOP Meeting on American Healthcare and Obamacare Who:    Dr. John Garen, Gatton…

Forget history, repeat history

How many businesses would borrow money to meet pension obligations? Yet this approach appears attractive to Kentucky politicians looking to do anything but make the tough choices regarding Kentucky’s $34 billion unfunded pension liability. I’ve heard no one from the many groups testifying on this issue — including the Kentucky Chamber of Commerce or the…

Another coal community bites the dust

Despite numerous federal judges ruling against Administrator Lisa Jackson and her Environmental Protection Agency’s overstep into Appalachia’s coal industry, Kentucky’s energy sector continues to feel the brunt of  Jackson’s mission to choke the economic vitality out of the Bluegrass State’s most prized natural resource. Of the 135,000 laborers in the coal industry, 2,000 have lost…