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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.
Featuring
Budget Demystification!
Fiscal Derring-Do!
Economic Jiggery-Pokery!
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RIPR is a (paper) newsletter and a weekly column appearing in ten
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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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About
The Rhode Island Policy Reporter is an independent news source that
specializes in the technical issues of public policy that matter so
much to all our lives, but that also tend not to be reported very
well or even at all. The publication is owned and operated by Tom
Sgouros, who has written all the text you'll find on this site,
except for the articles with actual bylines.
Responsibility:
Tom Sgouros
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Fri, 31 Oct 2008
A Nature-al Choice
Here's
a funny endorsement:
As anyone in academia will know, a thoughtful and
professorial air is not in itself a recommendation for executive
power. But a commitment to seeking good advice and taking seriously
the findings of disinterested enquiry seems an attractive attribute
for a chief executive. It certainly matters more than any specific
pledge to fund some particular agency or initiative at a certain level
— pledges of a sort now largely rendered moot by the
unpredictable flux of the economy.
This journal does not have a vote, and does not claim any particular
standing from which to instruct those who do. But if it did, it would
cast its vote for Barack Obama.
Well, not that funny an endorsement, but a funny source: Nature, one
of the two most prestigious journals of science in the world.
10:20 - 31 Oct 2008 [/y8/oc]
Tue, 28 Oct 2008
Heartwarming examples of civic engagement...
... or rancid acts by democracy-hating extremists.
You decide.
07:23 - 28 Oct 2008 [/y8/oc]
Fri, 24 Oct 2008
Issue 33
Is out after an inexcusable delay, my apologies.
- What is the real source of the financial crisis? It's not
mortgages, and it's not derivatives either, really. Too much
capital?
- Graph of the month! Profits v. wages, Republicans v. Democrats.
- Word games with Medicaid, by David Rochefort and Kevin Donnelly.
Does how it's said affect what you hear?
22:42 - 24 Oct 2008 [/y8/oc]
Wed, 22 Oct 2008
RIPR Award for absurd campaign literature
These are the candidates (with working web sites) mentioned in this
week's column:
- Christine Spaziano, Republican
candidate for Senate District 4 (Providence)
- Larry Signore, Democratic
candidate for Senate District 32 (Barrington/Bristol)
- Tim Lee, Republican candidate
for House district 21 (Warwick)
- Steven Hart, Republican
candidate for House district 28 (Coventry)
- Chris Ottiano,
Republican candidate for Senate district 11 (Portsmouth)
- Robert Paquin,
Republican candidate for House district 19 (Warwick and Cranston)
- Dan Reilly, Republican
candidate for House district 72 (Portsmouth and Middletown)
- John Pagliarini, Republican
candidate for Senate district 35
- Bill Connelly,
Republican candidate for Senate district 36 (North
Kingstown/Narragansett)
10:57 - 22 Oct 2008 [/y8/oc]
Tue, 21 Oct 2008
Heard on NPR
Maya McGuineas, of the Committee for a
Responsible Federal Budget, on the possible stimulus bill the next
Congress might pass: "I just hope they don't pork it all
up... just so it's not spend spend spend"
I used to aspire to do satire, but why bother?
20:59 - 21 Oct 2008 [/y8/oc]
Mon, 06 Oct 2008
The big picture?
Well, not so big, but the big picture when you consider that each of
us has choices to make in our lives, and are forced to live with the
consequences.
In dealing with the personal (and mental) consequences of staring into
the uncertain future, Judith Warner nails
it, for some of us.
09:23 - 06 Oct 2008 [/y8/oc]
Wed, 01 Oct 2008
This seems about right
Why did the bailout plan fail? Was it principled opposition or failed
gamesmanship? from
here:
The House conservatives who sank the bailout didn't do so
because they were listening to loud and angry voices. They sank the
plan by accident. They were trying to double-cross the Democrats. First,
they wrung lots of concessions out of Democrats at the negotiating
table as the price for delivering 80 votes. Then, by not delivering 80
votes and forcing Pelosi to pass the bill as a partisan Democratic
bill, they were going to wage a demagogic anti-bailout campaign. But
Pelosi refused to be played for a sucker and so the conservative
inadvertently sank a bill that, all evidence suggests, they actually
wanted to pass. They just wanted to vote "no" on it for short-term
political gain.
As evidence for this view, it appears that the RNC prepared — in
advance of Monday's vote — attack ads to be run against Democrats who
voted for the plan.
As a philosophical point, there are two competing views of what
politics is. Or at least there are two with which I am familiar. One
view has it that politics is the process by which we rule our polity.
This conception of politics is all about finding solutions to the
problems we face. Another conception of politics is that it is war.
In this conception, all the entities involved in politics are engaged
in an all-out struggle for primacy and power. Which do you think
serves our nation better?
10:50 - 01 Oct 2008 [/y8/oc]
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