Issues
Facts That Make You Cringe – Issue 110
Oregon’s Public Employment System (PERS): A Looming Disaster?
- PERS’ assumed investment return: 7.75%
- Actual investment return in 2015: 2.1%
- Unfunded liabilities 12/31/14: $18 Billion
- Unfunded liabilities 12/31/15: $21+ Billion
Click here to read how PERS costs could skyrocket to 40% of payroll
Facts That Make You Cringe – Issue 109
According to the Congressional Research Service Congress created 439 new federal criminal offenses between 2008 & 2013.
80 Poverty Programs; $750 Billion Yearly Cost; Poverty Persists
According to House Speaker Paul Ryan, “The federal government now runs more than 80 different antipoverty programs at a cost of about $750 billion a year. Yet 46 million Americans are poor today, and the poverty rate has barely budged: from 19% in 1965 to 14.8%.”
Facts That Make You Cringe – Issue 107
Oregon’s labor force participation stands at 61%, the lowest since data began being collected in the 1970s.
Oregon graduation rate hits all time high – still badly lags national average
How to Smoke $85 Trillion
If all the pledges made at the Paris Climate Change Summit were enacted, it would take 85 years, cost $85 trillion, and decrease global warming by less than one degree!
Facts That Make You Cringe – Issue 104
Oregon Business Startups at 40 Year Low!
It’s Regulatory Nirvana!
According to financial journalist James Grant, J.P. Morgan Chase employs more than 950 people just to comply with 750 capital adequacy requirements demanded by 21 government entities.
Facts That Make You Cringe – Issue 102
Oregon Ranks 3rd in Food Insecurity Growth
Facts That Make You Cringe – Issue 101
In honor of the 100th birthday of Cold War Soviet spy Ethel Rosenberg, The New York City Council recently proclaimed September 28 as “Ethel Rosenberg Day of Justice in the Borough of Manhattan.”
Editors’ Note: Ethel and husband Julius headed a spy ring that passed top-secret information on the atomic bomb to the U.S.S.R. They were convicted of conspiracy to commit espionage and were executed in the electric chair at Sing Sing Prison on June 19, 1953.