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RIPR is a (paper) newsletter
that looks at local, state and federal policy issues
that affect life here in the Ocean State. Each issue focuses on
particular policy areas of interest. Future issues will examine
controversial aspects of environmental policy, health care,
state tax reform, and education spending. The intention is to look at
action rather than talk.
RIPR also issues a weekly column about public policy, carried by
ten of Rhode Island's finer newspapers. See
here for an
archive of recent columns.
If you'd like to help, please contribute
an item, suggest an issue topic, or buy a subscription. If you can,
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Available Back Issues:
- 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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2008 print columns
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Responsibility:
Tom Sgouros
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Fri, 29 Jun 2007
More about DOT
A column
(by me) about DOT appeared
in today's Woonsocket Call and Pawtucket Times. Let those papers know what you
think.
15:11 - 29 Jun 2007 [/y7/jn]
link
Thu, 28 Jun 2007
RIPTA!
A new report is out
from the Sierra Club about sensible ways to improve our bus system.
The first thing we have to do isn't offer more money, but to find a
way to stop making things worse. (The second thing to do is to provide
it more money.)
You can also find it at
www.ri.sierraclub.org/Here to There.pdf.
The report is filled with rare insight and wit, invaluable policy
suggestions and surprising critiques. It contains a breadth of vision
unmatched by any similar effort, and will be a document of astonishing
value to policymakers in our state for years to come. Did I mention
who wrote it?
16:28 - 28 Jun 2007 [/y7/jn]
link
Fri, 15 Jun 2007
DOT
While I'm gratified to see
coverage
of the fiscal disaster of DOT in the news, the troubling part is that
the Journal seems not to want to ask why there are so many
contractors at DOT and why they lack people qualified to do bridge
inspections, for example.
As has been covered in our pages extensively, DOT has been irresponsibly
borrowing for years. Roughly it goes like this:
- DOT has to match federal funds 80/20 or 90/10 in order to
receive them.
- The state routinely borrows to make that match, $30-40 million
every year, no matter what.
- DOT used to borrow for employee salaries (!) but were told ten years
ago to stop. But they weren't given the money they needed to both
stop the practice and keep building roads.
So they didn't.
- Contractors, you see, can be allocated to individual
construction projects, and therefore are considered construction
costs, not personnel costs. Same amount of money, just in a different
accounting category.
- So many personnel were laid off and rehired as contractors.
Presto! No salaries are being paid with debt, but lots of contractors
are being paid that way.
Remember, you heard it here first. Actually, if you were a
subscriber, you read it here two-and-a-half years ago. We even wrote
a bit about it in issue 1, in May 2003.
Of course, there's nothing really remarkable about that. James Capaldi, who
retired as the DOT director a few months ago, and Ed Parker, who was
put on administrative leave yesterday explained it all to me in 1998,
in a meeting in Capaldi's office. (He wasn't director yet.) In other
words, this story has been available and obvious for years.
Maybe you should subscribe?
15:46 - 15 Jun 2007 [/y7/jn]
link
New column
The
Woonsocket Call
has invited me to contribute a regular column to their fine journal.
Find the first edition
here.
09:39 - 15 Jun 2007 [/y7/jn]
link
It's starting again
For evidence that the insane press coverage of John Kerry in 2004, Al Gore
in 2000 and Bill Clinton had little or nothing to do with those
candidates' personal qualities, read
here.
08:42 - 15 Jun 2007 [/y7/jn]
link
Thu, 14 Jun 2007
Restart the pension clock
A proposal has surfaced in the legislature (with some help from the
RIPR editorial staff) to re-amortize the state pension fund's unfunded
liability in order to avoid cuts to education in cities and towns
around the state. The proposal may manifest itself in a floor
amendment during the budget debate this coming Friday.
This issue is covered extensively in issue 9, but here's a short summation of
the situation, and a FAQ list.
First, a definition: The "unfunded liability" of a pension system
is the difference between what we expect our pension fund will grow
to, given reasonable assumptions about our investments, and what our
pension obligations will grow to, given reasonable assumptions about
our employees and the rate at which they retire.
Rhode Island is currently on year 7 of a 30-year program to retire the
unfunded liability of our public employee pension system. The
proposal is to
restart the clock at 30 years, pushing back the final date from
2029 to 2037.
That's all, but it will save the state and cities and towns more
than $35 million this year.
Find the FAQ list after the jump.
See more ...
15:41 - 14 Jun 2007 [/y7/jn]
link
Another market failure
Do you know why photo-voltaic cells still cost a lot?
Here's
one reason.
15:41 - 14 Jun 2007 [/y7/jn]
link
Wed, 13 Jun 2007
America's Progressive Majority?
Read.
10:47 - 13 Jun 2007 [/y7/jn]
link
Keeping us safe
Who knew that
this
was how the military would keep us safe?
As one commenter
put it: "The good news is that we've found plenty of WMD. The bad news
is the weapons are ours and we found them dumped in the sea."
09:00 - 13 Jun 2007 [/y7/jn]
link
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