Category: Government Reform

Rhode Island Pension Reform Case Study

In 2011, Rhode Island enacted major pension reform legislation spearheaded by State Treasurer and current gubernatorial candidate Gina Raimondo to address an unfunded pension liability of $6.8 billion and a system less than 50 percent funded relative to its obligations. Among the changes, the reforms introduced a hybrid defined-benefit/defined-contribution funding system, suspended cost-of-living-adjustments for retirees, and increased the retirement age. A new Reason Foundation report offers a detailed case study of Rhode Island’s pension reform efforts, reviewing the challenges that prompted the reforms, the specific policies enacted, and the lessons learned for other states and municipalities facing significant unfunded pension liabilities. Read the study: Pension Reform Case Study: Rhode Island View Article

The Right Minimum Wage: $0.00

We’ve written often about the unintended consequences of the minimum wage (and all price controls). But it’s a sea change when a New York Times editorial agrees: “Anyone working in America surely deserves a better living standard than can be managed on $3.35 an hour. But there’s a virtual consensus among economists that the minimum wage is an idea whose time has passed. Raising the minimum wage by a substantial amount would price working poor people out of the job market. A far better way to help them would be to subsidize their wages or – better yet – help them acquire the skills needed to earn more on their own.” Here’s a link to a video of Milton Friedman… View Article
(Excerpt from Rick Jackson’s testimony before the Georgia Senate Foster Care Initiative Working Group.  Watch on YouTube.) By RICK JACKSON RICK JACKSONPresident, Jackson Healthcare Thank you for the opportunity to discuss improving foster care. Everyone in this room believes doing what’s right for abused and neglected kids in Georgia should be a priority.  This working group is a further testament to that commitment and the willingness to tackle tough but critical issues.  That is why I believe there has never been a better time to purse a bold, proven transformation of our child welfare system.  Working together we can reduce abuse, keep families safely united and provide more kids with safe, loving homes. I know many of you on… View Article
(Excerpt from Bill Hancock’s testimony before the Georgia Senate Foster Care Initiative Working Group.  Watch on YouTube.) By BILL HANCOCK BILL HANCOCKPresident, FaithBridge Foster Care Thank you for the opportunity to part of this conversation today. In a public – private partnership government focuses on protecting children.  Public agencies are free to focus on the fundamentals of child investigation, legislative oversight, private provider contract management, regulatory compliance and data information and management. Providers in partnership with local community leaders have the responsibility and incentives to understand the needs of children and families in their local area and to develop robust continuums of child and family service strategies like home visitation, family preservation, foster care, specialized care and other services… View Article
(An excerpt from Georgia Supreme Court Associate Justice David Nahmias’ address to the fourth annual Georgia Legislative Policy Forum.  Watch his address on the Georgia Public Policy Foundation YouTube channel.) By Justice DAVID NAHMIAS DAVID NAHMIASAssociate JusticeGeorgia Supreme Court I think we all feel blessed to be Americans.  I feel particularly blessed because it could easily have been different for me.  My father comes from Egypt and my mother comes from Germany.  They came to this country after World War II.  They arrived here with almost nothing.  They met in medical school.  They moved to Atlanta in 1964 when I was born.  They had very successful medical careers, helped a lot of people and raised several successful children and… View Article

Atlanta’s Great Strides as a World Class IT Capital

Reprinted from the September 18 Atlanta Journal-Constitution By David Cummings DAVID CUMMINGSFounder and OwnerAtlanta Tech Village The digital economy is changing the world, and we’re just getting started.  Companies are launched every day with just an idea and an Internet connection.  Technology has affected nearly every area of business, and Georgia’s growth trajectory within the digital economy is very promising. Georgia’s strong information security cluster has stood out for years.  Our state continues to be among the top three in the U.S. for information security technology and is home to hundreds of such companies.  More than 25 percent of the worldwide security revenue market share is generated by companies right here in our home state, according to the Metro Chamber… View Article

When Government Goes Off Course

By Benita M. Dodd Benita DoddVice President, Georgia Public Policy Foundation Stephen Goldsmith was a champion of privatization and outsourcing of government operations during his tenure as mayor of Indianapolis. He recalled in his 1997 book, “The Twenty-First Century City,” how he used what he called the “yellow pages” test: “Look at the city’s yellow pages. If the phone book lists three companies that provide a certain service, the city probably should not be in that business, at least not exclusively.” “The best candidates for marketization are those for which a bustling competitive market already exists. Using the yellow pages tests, we could take advantage of markets that had been operating for years.” “We consistently showed that free-market competition could… View Article
By Mike Klein Mike KleinEditorGeorgia Public Policy Foundation Georgia’s track record as a low-tax, pro-business, pro-growth state is absolute.  However, the state has been unable to enact an important threshold – elimination or at least a sizable reduction in the 6 percent maximum personal income tax rate – and that prevents Georgia from being considered at the top of states that have low-tax, pro-growth fiscal policies. Today the American Legislative Council released its sixth annual “Rich States, Poor States” economic competitiveness index report that evaluates states on 15 fiscal policy sectors including tax rates, state regulations, right-to-work laws and size of the public workforce as a percentage of statewide population.  The ALEC formula rewards low-taxing, low-spending states, of which Georgia… View Article
By Mike Eckert  One of Georgia’s biggest challenges today is job creation. As simple as it may sound, it needs amplifying. When people work, the economy grows and so does tax revenue, which is critical to funding essential services like education, transportation and public safety.  The unemployment rate in Georgia is 8.7 percent, a full percentage point higher than the national average of 7.7 percent and higher than our neighbors, Alabama (6.8 percent), Florida (7.9 percent) and South Carolina (8.6 percent).    Since when have Georgians been willing to cede economic turf to its border states?  Over the past 20 years a significant percentage of the new jobs in America have been created by small businesses. The Small Business Administration, which… View Article
GEORGIA PUBLIC POLICY FOUNDATION EVENT February 25, 2013 Contact Benita Dodd at 404-256-4050 or benitadodd@georgiapolicy.org Registration Open for, ‘Morality and The Marketplace,’ With Ayn Rand Institute Executive Director Yaron Brook Atlanta – Capitalism has been demonized, markets are not so free and individual responsibility is becoming passé. How does America turn that around? Find out at, “Morality and The Marketplace,” a Georgia Public Policy Foundation Leadership Breakfast at 8 a.m. on Tuesday, March 19, at Cobb County’s Georgian Club. The keynote speaker is Dr. Yaron Brook, executive director of the Ayn Rand Institute and co-author of, “Free Market Revolution: How Ayn Rand’s Ideas Can End Big Government.” This event is open to the public but registration is required. The… View Article

Name one other organization in the state that does what the Foundation does. You can’t.

Independent survey of Georgia business leaders on the Foundation. more quotes