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…

Why not a ‘Capital Day,’ too?

“Capital without labor means machines with no operators, or financial resources without the manpower to invest in,” writes Larry Reed, president of the Foundation for Economic Education and recent keynote speaker at the Bluegrass Institute’s 1792-Never out of date campaign kick-off dinner. “Labor without capital looks like Haiti or North Korea: plenty of people working…

Kentucky school superintendent gets it: Improving education comes first in the fight on poverty

Some educators have the situation completely backwards. They think we will never improve education until we first eradicate poverty. While that attitude provides a convenient excuse for low educational performance, I think those educators have this exactly backwards. Fortunately, a lot of other educators – those who are interested in performance, not excuses – agree…

State Journal raises important issue about increasing graduation rates: We don’t want diploma mills

The announcement about the slight rise in high school graduation rates in Kentucky is generally good news. However, a thoughtful editorial in the State Journal (Frankfort), “Dropouts and more” (subscription?), raises an important issue – we don’t want diploma awards to increase solely because districts are operating diploma mills. The Journal editorial notes such concerns…