Addressing the recession affecting New Jersey, as well as many other states, New Jersey Governor Jon Corzine last week presented a plan for reviving the state economy. Some of the proposals
- such as speeding up work on infrastructure projects and putting $500
million of state pension money in community banks to spur lending to
local businesses - are smart and desperately needed.
After an Arizona federal district court, relying on a recent US Supreme Court decision, declared
a provision of that state’s clean elections law unconstitutional,
other states are having to decide how to move forward on clean
elections in their states.
Given that this was just one decision by a lower court, the California legislature approved AB 583 on August 30th, one day after the Arizona ruling. This legislation, sponsored by Rep. Loni Hancock,
creates a public financing pilot program for the Secretary of State
race in 2014. For the law to go into effect it must first be approved
by voters next year. On the other hand, New Jersey legislators
overreacted to the decision and Assembly Speaker Joseph Roberts Jr. announced that he would not seek to renew clean elections legislation (AB 100) in the upcoming session.
The benefits of a post-secondary degree are plentiful. For example, an employee with a four year college degree earns 60 percent more than a worker with only a high school diploma. Paying for college, however, has become a daunting task and strain for many American students and families. The cost of higher education across the country is rapidly increasing, at almost double the rate of inflation, outpacing increases in financial aid and many families ability to pay. The combination of these factors result in too many students being unable to earn or complete their degrees due to financial constraints.
Even with many states having short sessions, the 2008 state legislative
sessions have already had some impressive milestone victories for
families and communities across the country. This Dispatch
covers a few of the key issue victories this year -- and points out
that states are still taking the lead on issue after issue. Most of
the bills highlighted became law, while a few, falling short of final
passage, were innovative enough and showed enough movement to promise
greater things for 2009.
Florida Governor Charlie Crist recently signed an economic stimulus plan for the state that redirects $1.95 billion of the state's pension fund
into direct investments in Florida's economy. The amount is limited to
1.5 percent of the state's pension money, but even that limited
percentage can add up to massive investments in jobs for the state's
In creating the program,
legislators and the Governor pointed to the success of similar programs
in other states, particularly the California Public Employees' Retirement System (CalPERS), the nation's largest pension fund. A recent study
found the California fund's in-state investments had fed an estimated
$15.1 billion into in-state economic activity in 2006 and created
124,000 jobs, more jobs than the construction or motion picture
In 2000, the World Health Organization ranked the US health care system 37th in the world despite spending more than any other country. In 2007, according to the US Census Bureau, the US ranked 42nd in life expectancy.
If you are a person of color, a low-wage worker, non-English speaking,
or live in a low-income community, the picture is much worse. For
instance, the life expectancy for African-Americans
is 73.3 years, five years shorter than it is for whites. For
African-American men, it is 69.8 years, just above averages in Iran and
Syria, but below Nicaragua and Morocco.