New York State’s politicians have found a magic way to reward their supporters lavishly without everyone else noticing how much they are being hurt: they borrow the money, and put off the cost to a future they don’t care about. Every year the debt rises, and our future is diminished. It may be that the state budget wouldn’t pass otherwise, because it is only by finding an unseen victim that everyone who matters can be more-or-less satisfied. But New York’s debts have grown so large that at this point current New Yorkers aren’t much better off at the expense of the future, they are simply less worse off as a result of the past, as the result of borrowing more. The bomb has been timed to go off during the next administration.
Tag: Albany
What I Would Do: New York’s Debts
|New York State’s politicians have found a magic way to reward their supporters lavishly without everyone else noticing how much they are being hurt: they borrow the money, and put off the cost to a future they don’t care about. Every year the debt rises, and our future is diminished. It may be that the state budget wouldn’t pass otherwise, because it is only by finding an unseen victim that everyone who matters can be more-or-less satisfied. But New York’s debts have grown so large that at this point current New Yorkers aren’t much better off at the expense of the future, they are simply less worse off as a result of the past, as the result of borrowing more. The bomb has been timed to go off during the next administration.
Survivorship Bias
|From Wikipedia, the free encyclopedia: a statistical artifact…where studies on the remaining population are fallaciously compared with the historic average despite the survivors having unusual properties. Mostly, the unusual property in question is a track record of success.
It is a mantra among conservative commentators, when pushing privatization and other business provision of public services, that private businesses are more efficient than government agencies. Let’s leave aside the fact that, based on my experience with the matter, one of the things private businesses do efficiently is rip off the taxpayer. The presumption of private sector superiority is based on survivorship bias. Certainly Enron, and the hundreds of thousands of other private companies that go out of business each year, are not more efficient and competent than the typical public agency. While some such companies can do a lot of damage prior to bankruptcy, however, eventually that damage ends, leaving more efficient and competent businesses as the predominant type operating at any one time. Private sector efficiency, therefore, is not a result of inherent competence, but of trial and error. In the public sector, and in certain private industries that rely on public funds, on the other hand, organizations and their employees are presumed to have a right to their current situation, regardless of the value they produce for others. Since most of the services and benefits produced by the public sector are necessities, rather than mere wants, the least competent and efficient organizations grow, using more resources over time, in an attempt to get the necessary work done.
Survivorship Bias
|From Wikipedia, the free encyclopedia: a statistical artifact…where studies on the remaining population are fallaciously compared with the historic average despite the survivors having unusual properties. Mostly, the unusual property in question is a track record of success.
It is a mantra among conservative commentators, when pushing privatization and other business provision of public services, that private businesses are more efficient than government agencies. Let’s leave aside the fact that, based on my experience with the matter, one of the things private businesses do efficiently is rip off the taxpayer. The presumption of private sector superiority is based on survivorship bias. Certainly Enron, and the hundreds of thousands of other private companies that go out of business each year, are not more efficient and competent than the typical public agency. While some such companies can do a lot of damage prior to bankruptcy, however, eventually that damage ends, leaving more efficient and competent businesses as the predominant type operating at any one time. Private sector efficiency, therefore, is not a result of inherent competence, but of trial and error. In the public sector, and in certain private industries that rely on public funds, on the other hand, organizations and their employees are presumed to have a right to their current situation, regardless of the value they produce for others. Since most of the services and benefits produced by the public sector are necessities, rather than mere wants, the least competent and efficient organizations grow, using more resources over time, in an attempt to get the necessary work done.
Survivorship Bias
|From Wikipedia, the free encyclopedia: a statistical artifact…where studies on the remaining population are fallaciously compared with the historic average despite the survivors having unusual properties. Mostly, the unusual property in question is a track record of success.
It is a mantra among conservative commentators, when pushing privatization and other business provision of public services, that private businesses are more efficient than government agencies. Let’s leave aside the fact that, based on my experience with the matter, one of the things private businesses do efficiently is rip off the taxpayer. The presumption of private sector superiority is based on survivorship bias. Certainly Enron, and the hundreds of thousands of other private companies that go out of business each year, are not more efficient and competent than the typical public agency. While some such companies can do a lot of damage prior to bankruptcy, however, eventually that damage ends, leaving more efficient and competent businesses as the predominant type operating at any one time. Private sector efficiency, therefore, is not a result of inherent competence, but of trial and error. In the public sector, and in certain private industries that rely on public funds, on the other hand, organizations and their employees are presumed to have a right to their current situation, regardless of the value they produce for others. Since most of the services and benefits produced by the public sector are necessities, rather than mere wants, the least competent and efficient organizations grow, using more resources over time, in an attempt to get the necessary work done.
What I Would Do About the Dilemma of Discretion
|As I wrote here whether the government is hiring public employees or companies, it faces what I call the “dilemma of discretion.” Allow public sector managers to hire and fire whoever they please, and the government runs the risk of having their brother-in-law – or the brother-in-law of a politico who is in a position to threaten them – hired, and good employees fired. But bind those managers with all kinds of rules, to hire those who score highest on a civil service test and only fire an employee after a complicated series of steps, and you create a legalistic playground for those who seek to get paid to do a job without actually doing it. The civil service system and bidding rules, by making personnel and contractor arrangements non-voluntary, eliminate reciprocity in the employment and contracting relationship. Once a test is passed or a contract is won, the employee or contractor owes as little as he can get away with. Management often seeks to do as little as possible for the employees in turn. The result is ongoing, petty conflict over rules, a poisonous work atmosphere, and low productivity and quality – the government is a lousy place to work, and many firms refuse to do business with it.
What I Would Do About the Dilemma of Discretion
|As I wrote here whether the government is hiring public employees or companies, it faces what I call the “dilemma of discretion.” Allow public sector managers to hire and fire whoever they please, and the government runs the risk of having their brother-in-law – or the brother-in-law of a politico who is in a position to threaten them – hired, and good employees fired. But bind those managers with all kinds of rules, to hire those who score highest on a civil service test and only fire an employee after a complicated series of steps, and you create a legalistic playground for those who seek to get paid to do a job without actually doing it. The civil service system and bidding rules, by making personnel and contractor arrangements non-voluntary, eliminate reciprocity in the employment and contracting relationship. Once a test is passed or a contract is won, the employee or contractor owes as little as he can get away with. Management often seeks to do as little as possible for the employees in turn. The result is ongoing, petty conflict over rules, a poisonous work atmosphere, and low productivity and quality – the government is a lousy place to work, and many firms refuse to do business with it.
What I Would Do About the Dilemma of Discretion
|As I wrote here whether the government is hiring public employees or companies, it faces what I call the “dilemma of discretion.” Allow public sector managers to hire and fire whoever they please, and the government runs the risk of having their brother-in-law – or the brother-in-law of a politico who is in a position to threaten them – hired, and good employees fired. But bind those managers with all kinds of rules, to hire those who score highest on a civil service test and only fire an employee after a complicated series of steps, and you create a legalistic playground for those who seek to get paid to do a job without actually doing it. The civil service system and bidding rules, by making personnel and contractor arrangements non-voluntary, eliminate reciprocity in the employment and contracting relationship. Once a test is passed or a contract is won, the employee or contractor owes as little as he can get away with. Management often seeks to do as little as possible for the employees in turn. The result is ongoing, petty conflict over rules, a poisonous work atmosphere, and low productivity and quality – the government is a lousy place to work, and many firms refuse to do business with it.
What I Would Do About Public Employee Pensions
|The public employee retirement system contains a slew of inequities that benefit the politically powerful – public employees with seniority – at the expense of everyone else, including more recently hired public employees, and the future. These inequities and negative future consequences grow year-by-year, contract-by-contract, one act of the state legislature after another.
Public employees aren’t grateful for their rich pensions, if their unions are to be believed. Instead they resent the modest pay that often comes with a public sector career, sometimes using it as a rationalization for modest performance. And low pay and limited respect, combined with rich pensions, affects the type of worker the government can attract. Along with increasingly cynical and disappointed idealists that signed on out some idea of “public service,” public agencies tend to attract only those who, from their first day of work, look forward to not working.
What I Would Do About Public Employee Pensions
|The public employee retirement system contains a slew of inequities that benefit the politically powerful – public employees with seniority – at the expense of everyone else, including more recently hired public employees, and the future. These inequities and negative future consequences grow year-by-year, contract-by-contract, one act of the state legislature after another.
Public employees aren’t grateful for their rich pensions, if their unions are to be believed. Instead they resent the modest pay that often comes with a public sector career, sometimes using it as a rationalization for modest performance. And low pay and limited respect, combined with rich pensions, affects the type of worker the government can attract. Along with increasingly cynical and disappointed idealists that signed on out some idea of “public service,” public agencies tend to attract only those who, from their first day of work, look forward to not working.
- « Previous Page
- 1
- …
- 34
- 35
- 36
- 37
- 38
- …
- 53
- Next Page »
