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New survey: Americans want fairer wealth distribution

Income disparity between those at the top and those at the bottom has been growing in Vermont for over two decades. As we showed in our report earlier this year on the plight of Vermont’s middle class, the share of income that went to the top 1 percent of Vermonters rose from 6 percent in 1981 to 19 percent in 2005. That threefold increase meant a decrease in income for the remaining 99 percent.

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The budget’s in the black—but did it do its job?

By JACK HOFFMAN, VTDigger.org, July 30, 2012
The Shumlin administration just released the latest revenue figures, and it looks like Vermont finished fiscal 2012 at the end of June with about a $12 million General Fund surplus, which is earmarked for flood repairs at the Waterbury complex. Still, revenues were more than the regular spending approved by the Legislature. That’s good news, right?

Original Author: 
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The budget’s in the black—but did it do its job?

The Shumlin administration just released the latest revenue figures, and it looks like Vermont finished fiscal 2012 at the end of June with about a $12 million General Fund surplus, which is earmarked for flood repairs at the Waterbury complex. Still, revenues were more than the regular spending approved by the Legislature. That’s good news, right?

Original Author: 
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St. Albans – July 31, 2012

 
The People’s Budget: Informational Meeting
This meeting is for all citizens interested in learning more about the People’s Budget.
St. Albans Free Library
2:30 – 4:00 pm

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Newport – August 7, 2012

15 Years of Act 60: Looking Back, Looking Forward
This meeting is for legislators, candidates and school officials.
Tuesday, August 7, 2012
Goodrich Memorial Library, Newport
2:00 – 3:30 pm
Paul Cillo and Jack Hoffman review the basics of Vermont’s school finance system, and look at the finding of the PICUS report, the problems created and solved by legislative changes to the system, and the challenges going forward.
 

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Rutland – August 20, 2012

The People’s Budget: Informational Meeting
This meeting is for all citizens interested in learning more about the People’s Budget.
Monday, August 20, 2012
Fox Room, Rutland Free Library, Rutland
10:00 – 11:30 am  CANCELLED

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Essex Junction – August 22, 2012

The People’s Budget: Informational Meeting
This meeting is for all citizens interested in learning more about the People’s Budget.
Wednesday, August 22, 2012
Kolvoord Community Room
Brownell Library, Essex Junction
3:00 – 4:30 pm  CANCELLED

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Woodstock – September 19, 2012

The People’s Budget: Informational Meeting
This meeting is for all citizens interested in learning more about the People’s Budget.
Wednesday, September 19, 2012
Norman Williams Public Library, Woodstock
3:00 – 4:30 pm  CANCELLED

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The Monthly Jobs Brief is 3!

Three years ago this month Public Assets Institute published its first monthly Jobs Brief—our one-page update on Vermont’s employment picture, published the same day as the federal Bureau of Labor Statistics releases its monthly data.

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Employment Down, Wages Flat, Help Waning

Although Vermont’s unemployment rate remains relatively low, the slow but steady drop in the number of Vermonters working continued for the fourth consecutive month. In June, the number of employed fell by 450; since February, that number has dropped by more than 1,700. June’s unemployment rate ticked up to 4.7 percent from 4.6 percent in May. The change was not deemed statistically significant by the U.S.

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