With Labor Day just around the corner, now is a good time to discuss (and, more than that, to take up the cudgels against) a bad idea popularized by leading figures in Silicon Valley.
Summer fading into fall and children heading back to school . . . it can mean only one thing: Football is about to come back.
When I arrived at the University of Missouri in 2000, Dr. Ed Robb told me that the Missouri economy was just like the national economy in terms of the economic growth rate. While Dr.
Teachers love their pension system. And why not? A teacher can retire at age 55 with 30 years of service and draw 75% of their final average salary for the rest of her life. For a teacher who becomes a principal or superintendent, this benefit could easily be six figures annually.
Whatever our policy inclinations, we should all agree that government ought to be for the public good, transparent, and accountable. Unfortunately, some of Missouri’s community improvement districts fail to satisfy these uncontroversial, common-sense requirements of good government.
In the land of the blind, the man with one eye is king. When it comes to Missouri’s rapidly proliferating special taxing districts, one-eyed kings pick millions of dollars out of the pockets of unseeing and unsuspecting consumers / taxpayers.
It looks like teachers in Marshfield are finally getting a raise.
A version of this op-ed appeared in the Clayton Times on July 11, 2017.
It’s far too easy to spend other people’s money. If you’ve ever had a credit card or your identity stolen, you know this far too well.
Stanford economist Russ Roberts summarized the phenomenon thusly: “If you’re paying, I’ll have top sirloin.”