Rhode Island Policy Reporter

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A look at the lousy situation Rhode Island is in, how we got here, and how we might be able to get out.

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Budget Demystification!
Fiscal Derring-Do!
Economic Jiggery-Pokery!

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RIPR is a (paper) newsletter and a weekly column appearing in ten of Rhode Island's finer newspapers. The goal is to look at local, state and federal policy issues that affect life here in the Ocean State, concentrating on action, not intentions or talk.

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whole site RIPR back issues

Available Back Issues:

  • Aug 09 (38) - How your government's economic policies have worked against you. What a fake nineteenth century nun can teach us about the tea party protests.
  • Jun 09 (37) - Statistics of optimism, the real cost of your government. Judith Reilly on renewable tax credits. Review of Akerlof and Shiller on behavioral economics.
  • Apr 09 (36) - Cap and trade, the truth behind the card check controversy, review of Governor's tax policy workgroup final report.
  • Feb 09 (35) - The many varieties of market failures, and what classic economics has to say about them, review of Nixonland by Rick Perlstein.
  • Dec 08 (34) - Can "Housing First" end homelessness? The perils of TIF. Review of You Can't Be President by John MacArthur.
  • Oct 08 (33) - Wage stagnation, financial innovation and deregulation: creating the financial crisis, the political rhetoric of the Medicaid waiver.
  • Jul 08 (32) - Where has the money gone? Could suburban sprawl be part of our fiscal problem? Review of Bad Money by Kevin Phillips, news trivia or trivial news.
  • Apr 08 (31) - Understanding homelessness in RI, by Eric Hirsch, market segmentation and the housing market, the economics of irrationality.
  • Feb 08 (30) - IRS migration data, and what it says about RI, a close look at "entitlements", historic credit taxonomy, an investment banking sub-primer.
  • Dec 07 (29) - A look at the state's underinsured, economic geography with IRS data.
  • Oct 07 (28) - Choosing the most expensive ways to fight crime, bait and switch tax cuts, review of Against Prediction, about the perils of using statistics to fight crime.
  • Aug 07 (27) - Sub-prime mortgages fall heaviest on some neighborhoods, biotech patents in decline, no photo IDs for voting, review of Al Gore's Against Reason
  • Jun 07 (26) - Education funding, budget secrecy, book review of Boomsday and the Social Security Trustees' Report
  • May 07 (25) - Municipal finance: could citizen mobility cause high property taxes? What some Depression-era economists had to say on investment, and why it's relevant today, again.
  • Mar 07 (24) - The state budget disaster and how we got here. Structural deficit, health care, borrowing, unfunded liabilities, the works.
  • Jan 07 (23) - The impact of real estate speculation on housing prices, reshaping the electoral college. Book review of Blocking the Courthouse Door on tort "reform."
  • Dec 06 (22) - State deficit: What's so responsible about this? DOT bonding madness, Quonset, again, Massachusetts budget comparison.
  • Oct 06 (21) - Book review: Out of Iraq by Geo. McGovern and William Polk, New rules about supervisors undercut unions, New Hampshire comparisons, and November referenda guide.
  • Aug 06 (20) - Measuring teacher quality, anti-planning referenda and the conspiracy to promote them, affordable housing in the suburbs, union elections v. card checks.
  • Jun 06 (19) - Education report, Do tax cut really shrink government?, Casinos and constitutions, State historic tax credit: who uses it.
  • May 06 (18) - Distribution analysis of property taxes by town, critique of RIEDC statistics, how to reform health care, and how not to.
  • Mar 06 (17) - Critique of commonly used statistics: RI/MA rich people disparity, median income, etc. Our economic dependence on high health care spending. Review of Crashing the Gate
  • Feb 06 (16) - Unnecessary accounting changes mean disaster ahead for state and towns, reforming property tax assessment, random state budget notes.
  • Jan 06 (15) - Educational equity, estimating the amount of real estate speculation in Rhode Island, interview with Thom Deller, Providence's chief planner.
  • Nov 05 (14) - The distribution of affordable houses and people who need them, a look at RI's affordable housing laws.
  • Sep 05 (13) - A solution to pension strife, review of J.K. Galbraith biography and why we should care.
  • Jul 05 (12) - Kelo v. New London: Eminent Domain, and what's between the lines in New London.
  • Jun 05 (11) - Teacher salaries, Veterinarian salaries and the minimum wage. Book review: Confessions of an Economic Hit Man
  • Apr 05 (10) - Choosing a crisis: Tax fairness and school funding, suggestions for reform. Book review: business location and tax incentives.
  • Feb 05 (9) - State and teacher pension costs kept artificially high. Miscellaneous tax suggestions for balancing the state budget.
  • Dec 04 (8) - Welfare applications and the iconography of welfare department logos. The reality of the Social Security trust fund.
  • Oct 04 (7) - RIPTA and DOT, who's really in crisis?
  • Aug 04 (6) - MTBE and well pollution, Mathematical problems with property taxes
  • May 04 (5) - A look at food-safety issues: mad cows, genetic engineering, disappearing farmland.
  • Mar 04 (4) - FY05 RI State Budget Critique.
  • Feb 04 (3) - A close look at the Blue Cross of RI annual statement.
  • Oct 03 (2) - Taxing matters, a historical overview of tax burdens in Rhode Island
  • Oct 03 Appendix - Methodology notes and sources for October issue
  • Apr 03 (1) - FY04 RI State Budget critique
Issues are issued in paper. They are archived irregularly here.

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Fri, 27 Jun 2008

What's a Mayoral Academy?

Part of the state budget bill passed last week created "Mayoral Academies" a new kind of school. This was a controversial article of the budget, with labor fighting hard against it, but fairly easily overcome in the vote. So what's the story behind this effort?

One version of this story has it that these are an exciting new experiment in public education, established due to the bravery of Cumberland's Mayor Daniel McKee and midwived by important members of the progressive movement like Ramon Martinez, leader of Progreso Latino in Central Falls. The schools will be regional, serving one or more towns, and operated by non-profits, so are able to attract grant funding, possibly lavish, from the likes of the Bill and Melinda Gates Foundation.

See more ...

22:51 - 27 Jun 2008 [/y8/cols] link

Shape of the Starting Line

By popular demand, here's a link to The Shape of the Starting Line, a report I wrote in 2006 for Working RI. It's an annotated bibliography of current research on the relation between academic achievement and poverty, nutrition, early childhood education, family circumstances, reading aloud, teacher unions, charter schools, and much more. I enjoyed researching it, and hope you enjoy reading it.

If you are interested in charter schools, I particularly recommend page 37. If you are interested in teacher unions, try page 33.

13:01 - 27 Jun 2008 [/y8/jn] link

Sat, 21 Jun 2008

An interesting comparison

An article in the Nation points out that the pay of the five most highly-paid hedge fund managers added up to $12.6 billion in 2007, while the five best-paid CEOs earned a measly $290 million. Almost makes you feel sorry for the CEOs, doesn't it? Especially when you consider that the hedge fund salaries are considered capital gains, so they pay tax at a lower rate than you do.

Find CEO salary data at the New York Times, while the hedge fund data came courtesy Alpha, a hedge fund trade magazine.

11:57 - 21 Jun 2008 [/y8/jn] link

Fri, 20 Jun 2008

What a budget, what a year!

The fiscal 2009 budget has now been approved by the Assembly, and everyone expects the Governor to sign it. Here are a dozen things worth knowing about it.

See more ...

23:28 - 20 Jun 2008 [/y8/cols] link

Mon, 16 Jun 2008

Another idea: neat, plausible...

What do you think about tutoring kids who attend failing schools? Sounds like a good idea, right? Too bad it doesn't appear to work.

Another chapter in a series of bad-but-simple solutions to serious problems.

15:00 - 16 Jun 2008 [/y8/jn] link

Fri, 13 Jun 2008

What kind of government do you want?

As discussions about next year's state budget gets down to plastic tacks painted to look like brass, it's worth putting our heads up from the weeds for a moment to think about what our government should be.

For example, I would very much like to live in a world where my government was more efficient. Wouldn't you? I wouldn't mind lower taxes, but even more I'd prefer a government that could provide some of the services friends of mine who live elsewhere get from their governments. In Virginia, a friend who left here recently reports that there is an extensive network of community swimming pools, with youth teams that train and compete in them all summer. In Portland, Oregon, a fabulous and cheap light rail system whisks people in and out of downtown, creating new and prosperous business districts around its stations. Further afield, in most of Europe, college tuition is free or negligible, and a student's choice of university to attend is limited only by his or her grades. And of course, in most of the rest of the world, health care is paid for either by the government or a state-run insurance pool

Ok, I live near a beach, so I can do without the swimming pools, but transportation, college tuitions and health care are three of the biggest expenses my family faces. (Well, the tuitions won't hit us for a couple more years, but it's near enough to begin to scare me.) In other places, government helps families with those expenses. Why not here?

See more ...

21:38 - 13 Jun 2008 [/y8/cols] link

Sat, 07 Jun 2008

Tax limits: a simple strategy

What shall we do about our property taxes? Pretty much everyone agrees property taxes are too high. But that's the easy part. The hard part is figuring out what to do about it. Two years ago, Teresa Paiva-Weed, the Senate Majority Leader from Newport, had a neat and plausible idea: limit them.

So the Assembly that year passed S-3050, limiting the increases in the taxes a city or town can collect year over year to 5.5%, then 5% and marching down to 4%. Amazing, no? You wonder why no one thought of this before.

The newspaperman and essayist H. L. Mencken once wrote, in an essay about inspiration, "There is always a well-known solution to every human problem -- neat, plausible, and wrong." And of course, the reason no one thought of simple tax limits before is it's a horrible idea.

See more ...

07:34 - 07 Jun 2008 [/y8/cols] link

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