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A round-up of the last week’s economic news stories in Minnesota

U.S. unfunded pension liabilities exceed $6 trillion: Minnesota’s share is at least $118.7 billion.

With every paycheck, public employees faithfully hand over a percentage of their pay, and taxpayers match or exceed that contribution. Both should be able to trust that the pension funds,…

In 2011, Sen. Bernie Sanders wrote "These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes…

A round-up of the last week's economic news stories in Minnesota.

TRA admits to a $30.7 billion liability but only has $21.2 billion to cover those promised pensions. TRA says based on the 2017 valuation, it only has $0.69 on the…

The fuss about the SALT deduction shows what Minnesota's Congressional Democrats really think. Talking about yanking up tax rates on the rich is one thing. Actually paying them is another.…

Rising wages are a good thing when, like Target's, they come from market forces and the competition between firms for labor.

Minnesota has been violating the First Commandment of a defined pension benefit plan for years: you must put aside enough money each year to cover the benefit promised. And if…

American Experiment has long warned taxpayers and legislators to the threat posed to taxpayers and recipients by Minnesota’s underfunded public pension system. But a new Bloomberg analysis of our state…

State’s system is losing ground fast, relative to others. Here’s why.  This op-ed originally appeared in the Star Tribune on Sunday, September 10, 2017. Bloomberg Markets recently released a bombshell…

  After the 2016 election, on which the SEIU spent lavish sums on very partisan, far-left candidates and issue-advocacy, Mary Kay Henry, the national president of the SEIU, put her…