Pension reform in other states, so why not Kentucky?

Economist Brian Strow stresses the need for state pension reform in the Bowling Green Daily News: A growing number of states have recently engaged in public pension reform, and rightfully so. Unfunded state pension liabilities have been an albatross around the necks of more than one state balance sheet. Illinois, New Jersey, Wisconsin, Ohio, Michigan,…

What’s holding back Kentucky’s economic recovery?

According to economists, one big factor is ObamaCare: Aaron Yelowitz, an economics professor in the business college, told attendees that another concern for Kentucky is the effect of the Affordable Care Act in 2014. The federal law will require businesses with 50 or more employees to provide “affordable” insurance to full-time workers or pay a…

‘Unforgettable’ fouls out on unemployment

Former Kentucky Agriculture Commissioner (and University of Kentucky baller) Richie Farmer filed for unemployment when his term ended. The Courier-Journal reports: As agriculture commissioner, a position he held eight years, Farmer earned $110,346 when his term ended. But Kentucky unemployment compensation law lists “a public elected official” among the types of employment not eligible for…

Still Another Jefferson County Public Schools ‘follow the money’ adventure!

A new audit on operations in the Jefferson County School District’s central office, “Final Report of a Study of the ORGANIZATIONAL STRUCTURE AND CENTRAL OFFICE STAFFING, FUNCTIONS, AND OPERATIONS,” says on page 28 that “Transportation services were found to be very expensive, amounting to $54,648,585 in 2008-09, $57,085,703 in 2009-10, and $62,544,974 in 2010-11.” That’s…