Confronting Party Myths

Confronting Party Myths by George W. Liebmann Some cheer can be obtained from recent fiscal events. The Reagan-Bush tax cuts ended the Democratic era of tax and spend. The debt limit crisis ended the Republican era of borrow and spend. Perhaps the hour of the late Adlai Stevenson, who told us ‚Äúthere are no gains […]

Turn Out the Lights

The current state administration likes to boast of its economic development record, but the best test of economic development is provided by the way that people behave in fact. For many years, Maryland was one of the fastest-growing states in the East. Its growth was spurred not only by the growth of the national government […]

For O’Malley, Politics Trump Policy

There are many resemblances between former Gov. Robert L. Ehrlich Jr. and Gov. Martin O’Malley, but this election is not a choice between tweedledum and tweedledee. Mr. Ehrlich has compromised himself in conventional ways, most notably by signing an unaffordable Democrat-sponsored election-year increase in teachers’ pensions on which he should have bestowed a foredoomed veto. […]

Hit and Run Politics: Baltimore City and Maryland State Pensions: A Short History

In March 2006, the Institute issued a Report, The Baltimore City Retirement Systems: Heading for Trouble. The summary at the front of the Report stated: “The skimming off of surpluses to provide new unfunded benefits in good investment years, together with mediocre or worse investment performance and an escalation of disability claims in the Fire […]