Downsizing Blog
The Bailout Bowl
Obama to Find Budgetary Sobriety?
SBA is Not Small Business Solution
Postal Employees Live It Up
The U.S. Postal Service lost $3.8 billion last fiscal year and expects to lose $7.8 billion this year. That hasn’t prevented employees from indulging in fancy foods and booze on the USPS’s dime. A recent audit by the USPS inspector general found $800,000 in unjustified and “imprudent” purchases, most of which occurred in just a five month span.
Food Stamps vs. Cash Welfare
A couple of weeks ago I discussed a New York Times report on soaring food stamp use. Yesterday, the New York Times reported that cash welfare use in New York under the federal Temporary Assistance for Needy Families program started to rise more recently. The Times calls this “something of a riddle” given that food stamp usage has been increasing throughout the recession.
Food Stamps vs. Cash Welfare
A couple of weeks ago I discussed a New York Times report on soaring food stamp use. Yesterday, the New York Times reported that cash welfare use in New York under the federal Temporary Assistance for Needy Families program started to rise more recently. The Times calls this “something of a riddle” given that food stamp usage has been increasing throughout the recession.
New HUD Same as Old
U.S. Department of Housing and Urban Development Secretary Shaun Donovan recently gave a speech in New York in which he spoke of a “new direction in housing.” If there’s one constant with cabinet secretaries, it’s that they all promise that their department will be new and improved. The following are a few of Donovan’s lines that deserve comment.
Stifling Innovation with Subsidies
FAA Says Wasteful Spending 'All Good'
It’s not uncommon to hear the claim made that the “stimulus” would have had a greater economic impact had the money been focused on infrastructure. But proponents of public “investment” in infrastructure seem to forget that the government allocates capital on the basis of politics rather than economics. Government is naturally inefficient because it is immune to the market signals that guide private actors who stand to lose their own money should an investment not pan out.
Washington's New Stinginess?
That’s the title of a column in the December issue of Governing authored by Donald Kettl, the dean of the School of Public Policy at the University of Maryland. According to Kettl, the federal government’s new “stinginess” is being directed toward state and local governments. Stinginess? Didn’t he hear about Obama’s $800 billion state bail-out/stimulus bill?