As Illinois Goes Bankrupt, Michigan Embraces Bold Pension Reforms


It had better be bold if Michigan wants to avoid Illinois’s fate. Chicago caught a case of “the Detroits” after all.

Really, even Michigan’s efforts are probably not enough. The pensions that politicians promised state workers so that they could get elected aren’t based in reality. The truth is those pensions are probably going to need to be cut substantially.

And don’t cry government workers. You know (and knew) your pensions weren’t sustainable. We all knew they weren’t.

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Trump Releases His First Budget Blueprint: Here Are The Winners And Losers

Every budget has winners and losers. (Hey at least we have a budget.) But the losers for too long have been the American taxpayers. This must change. There is perhaps some – some – hope here. Though that $54 billion for the Pentagon should be given back to the American people.

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Trump to Congress: Give Pentagon $54B. I’ll Tell You Why Later

The military is big government. Real big. We spend vast vast sums on the military now. What we need is a smaller, less manpower intensive, more specialized, and less expensive military.

Military spending and the Military Industrial Complex is one of the cronyist parts of the government. But “conservatives” always give such spending a pass. They should not.

We love the cuts to other agencies but why not just give it back to the taxpayers whence it came?

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Stossel: 5 agencies to dump in Trump’s 1st week

(From WND)

He and Mike Pence have promised, Mother Jones magazine points out, that on Trump’s first day in office he will repeal Obamacare, end the “war on coal,” expel illegal immigrants, begin construction of a “beautiful Southern border wall,” fix the Department of Veterans Affairs, come up with a plan to stop ISIS, get rid of “gun-free zones,” “start taking care of our … military,” withdraw from the TPP trade agreement, cut regulations and designate China a currency manipulator.

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Trump eyes 10% spending cuts, 20% slash of federal workers

This is would be another example of why Trump has to be seen by libertarians and other small government people as a mixed bag. He is pretty bad on some things but when was the last time a president seriously talked about cutting spending by 10% and getting rid of 20% (!) of the long protected federal bureaucratic class? (At least in some agencies.)

Hey, keep this stuff coming. If Trump wants to really get to the heart of the beast,

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Trump must slay the ‘sacred cow’ of the budget: Defense spending

Sharpen the knives and get to it. It is WAY past time.

The Pentagon is filled to the gills with cronies and crony capitalism. And Republicans have encouraged this “waste and abuse” – this is the kind way of saying it, and it is on a massive scale – for too long. Do the right thing for once Congress. CUT SPENDING especially on the military civilian bureaucracy which is a taxpayer funded gravy train if there ever was one.

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The Transition Trump has a plan for government workers. They’re not going to like it.

As a longtime resident of government employee country I say this plan couldn’t come soon enough. The bureaucracy in DC is massive, expensive, and entitled. Given the degree to which technology could easily reduce the bloat in the city and beyond wins should come early and relatively easily.

Wins for taxpayers anyway. Washington, the “imperial city” won’t like it and will scream bloody murder. On the other hand recent reports said that up to 35% of federal workers said they’d consider quitting their jobs if Trump became president.

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Conservatives need to come to terms with military spending, now, it’s just too much. Time to cut.

A new paper from the folks at The R Street Institute and The National Taxpayer’s Union, 2 pretty solidly conservative to libertarian thought leaders.

Defense isn’t a black hole which conservatives can continue to throw money down and feel OK about it. The military is expensive and conservatives need to come terms with this. (Many are thankfully.)

Wars, contrary to what Keynesian (mostly liberal) economists will tell you, drain the economy. For the most part war is a poor use of resources,

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