Archive: Jean-Pierre Aubry
Many who are familiar with state and local government finances are concerned that rising pension contributions could be crowding out important government services. And, some academic literature does find that higher pension contributions are associated with reduced employment in local governments and school districts. The issue is particularly acute for school districts, which must maintain…
U.S. inflation peaked at 8.9 percent in June 2022, and, while the rate has declined substantially since then, inflation still remains an important concern. That concern is justified in that the first brief in this two-part series – as well as numerous other studies – have shown that inflation harms older households by both reducing…
