Traditional pensions and 401(k)-style government plans have undergone major changes in portfolio structure since 2000, mostly for the better. But recent market gyrations remind us that there are always opportunities for improvement.
Innovation must come with transparency, safeguards and human oversight. We need to deploy the technology in ways that enhance rather than erode public confidence in the justice system.
His second presidency could recolor the landscape for federal spending, with ramifications for states, local governments, schools and public pensions. Governors and mayors will need to try to discern where the political wind is blowing — and what to watch out for.
Properly trained and integrated into the school leadership team, they can be helpful in some ways, but they cannot fix societal problems and their presence can make students feel less safe.
They’re good for our children’s health and for the environment, and transitioning away from diesel-powered buses is the fiscally conservative thing to do. Unsubstantiated claims about them only serve as political theater.
It will be the leadership of our states and cities that will have the most direct impact on the issues that animated the presidential campaign.
Moderates have been largely squeezed out of political relevance. There is room for a new party, and it would have to start at the state level. It could bring pragmatic solutions to critical problems the major parties avoid.
If it moves on Taiwan, it’s likely that China would try to distract the United States by attacking our water, power and communications systems. It’s already demonstrated those capabilities here, and we need to be better prepared.
Like some of its Midwestern and Northwestern neighbors, it put the program on a solid fiscal foundation. California and New York show the consequences of failing.
After a decade of increasing popularity among endowment funds and pensions, its use in investment decisions is coming under increasing political attack. Financial analysts — and perhaps AI — may be able to point the way to a safer middle ground.
Far too often, family courts award shared custody to fathers accused of domestic violence. Hundreds of children have been murdered. There’s much that policymakers could do to prevent some of these tragic outcomes.
Millions are falling behind on their retirement goals. There are proven policy solutions at the state level, and federal policymakers could build on those to help all workers save what they will need and reduce the burden on taxpayers.
It’s an emerging form of grassroots activism that could have a big impact, from educating voters to calling out political shenanigans.
Given tax-exempt financing and other advantages, continued municipal ownership would seem the way to go. But other pressing public needs can make cashing out these valuable assets seem attractive. A new wave of privatization efforts will give localities a lot to think about.
Struggling midwestern cities may have a future in military manufacturing.
States have been awash with cash in recent years. Those that didn’t make spending increases permanent are now in better shape.
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