BIPPS on the debt ceiling

Want a free-market perspective on the government shutdown and the debate over raising the debt ceiling? Join Bluegrass Institute board member and Lexington financial consultant Tom Dupree, one of the panelist on Monday night’s “Kentucky Tonight,” KET’s statewide public-affairs program. The panel includes Jason Bailey, director of the Kentucky Center for Economic Policy, and former congressmen…

BIPPS joins debt-ceiling debate on statewide TV

Tune in to Kentucky Educational Television on Monday night at 8 p.m. eastern as Tom Dupree, founder of the Lexington-based Dupree Financial Group and member of the Bluegrass Institute Board of Directors, addresses the federal budget and debt ceiling on Kentucky Tonight.  Joining Dupree on the program will be Jason Bailey, director of the Kentucky Center for Economic Policy, and…

‘Tangible realities’ about Kentucky’s competitiveness

Which approach will bear greater fruit for Kentucky: Continuing our policy of offering taxpayer-funded handouts to convince companies in other states and countries to bring their jobs to the commonwealth, or making our state’s economy so incredibly alluring that such economic “persuasion” is unnecessary? The question is rhetorical, but opens the door for other not-so-rhetorical…

Bluegrass Scholar to appear tonight on KET

Western Kentucky University economics professor Brian Strow, a member of the Bluegrass Institute Board of Scholars, will talk “Debt Ceiling” tonight on KET’sKentucky Tonight with host Bill Goodman. WHAT: Bluegrass Institute Scholar appearing on KET’s Kentucky Tonight to discuss the federal budget WHO: Brian Strow, Ph.D., professor of economics at Western Kentucky University WHERE: KET…

Fudging figures is no way to solve Kentucky’s public-pension crisis

It’s no secret that Frankfort’s bureaucratic bean counters possess quite the penchant for manipulating economic data to make their preferred agency’s performance appear as rosy as possible. Within the sphere of Kentucky’s six retirement funds, this fact is all the more troubling. That’s because the best arithmetic acrobatics our number crunchers could pull off still…

Kentucky more than $71 billion in the hole thanks to unfunded public pension liabilities

A new report from State Budget Solutions demonstrates what Kentuckians have known for years: fundamental reform must be made to our public pension systems if Kentucky is to remain a competitive state for business investment and economic growth. According to the new report, titled “Promises Made, Promises Broken – The Betrayal of Pensioners and Taxpayers,”…

Mercatus provides great resource on current issues

Looking for a concise and powerful tool for understanding complicated tax and budget issues? The Mercatus Center has compiled such a resource and made it available for free download here. This document covers tax reform, government spending, entitlement reform, and recent health care legislation. The handbook will serve as a great conversation starter or as…

(Audio) Jim Waters on WLAP: Cadillac pension benefits attract politicians to Frankfort for the wrong reasons

Listen as Bluegrass Institute President Jim Waters highlights “Future Shock,” the recent series of Bluegrass Institute reports on Kentucky’s public pension system. Waters explains how Kentucky’s founders never meant for politicians to spend their career mooching off taxpayers in Frankfort. 

Kentucky State Fair Board members great at spending money – as long as it isn’t their own

It’s understandable why the KFC Yum! Center authority would accept the forgiveness of most of its debt to the Kentucky State Fair Board with the same enthusiasm demonstrated by the University of Louisville basketball team when the Cardinals returned the NCAA championship trophy to that arena this spring. But that doesn’t make it right. In…