The biggest question confronting private-sector industries in Oregon is how they will replace the skilled workforce approaching retirement.
40% of Oregon workers are 45 or older. Manufacturing is one of the industries that will be the hardest hit. 15% of manufacturing workers are 55 and older.
Public benefit programs to support families in crisis have become distorted into entitlements, and yet government has little, if any, obligation to pay out future benefits. Policy ideas like individual asset accounts offer common ground for policymakers to collaborate on revamping outdated programs, while concretely enhancing the financial security of individuals. (more…)
After spending the first sixteen years of its existence located in downtown Portland, Cascade Policy Institute has moved not only out of downtown, but several blocks outside the city limits to an office building in Raleigh Hills. The reasons for our move mirror those given by much older establishments.
The Rogoway family recently moved its jewelry store out of downtown after being there for 110 years. (more…)
A great champion of human liberty passed away on November 16th at the age of 94. Milton Friedman won the Nobel Prize in economics in 1976, but to those of us who had the priviledge to know him, and to countless others, he will be remembered even more for his passionate devotion to individual freedom.
Milton’s devoted wife Rose grew up in Portland and attended Reed College before (more…)
One result of last week’s election is that we may finally achieve tax simplification in this country. An old joke on this subject goes like this: Did you hear about the new federal income tax proposal? It’s a two-line form to replace the 1040. The first line reads, “How much did you earn last year?” The second line reads, “Send it in.”
With the new Democrat majority in Congress vowing to repeal the Bush tax cuts, and Democrats in Oregon looking for ways to raise revenue, it’s time to remember what effect taxes have on the economy. (more…)
In his 2006 Action Plan for Energy, Governor Ted Kulongoski says he wants Oregon to meet 25% of its energy needs with renewable energy by 2025. However, alternative energy technologies are not yet viable on the market and should succeed or fail on their own merits, not because government officials and lobbyists favor them. (more…)
The most recent downtown employer survey by the Portland Business Alliance contains important news for taxpayers. It shows that light rail’s market share for downtown commuters dropped by 30% over the past five years. Considering that TriMet actually opened two new rail lines during that period, this is a stunning decline in ridership.
In 2001, 20% of downtown employees traveled to work by light rail. By 2005 that had dropped to (more…)
While instrumental in maintaining some degree of stability for lower-income persons, the traditional welfare system was not designed to promote inclusion or self-sufficiency. In contrast, building assets allows those once marginalized to become self-sufficient and provides hope for the future. (more…)
An Oregon Senate commission decided last week to introduce legislation that would centralize most public and private health care dollars in a new state fund managed by a board similar to the Public Utility Commission. The goal would be universal health care for all Oregonians.
At the same meeting, the commissioners heard two alternative proposals that would leave (more…)
Lack of reliable transportation is a crucial barrier for low-income and welfare dependent people in escaping intergenerational cycles of poverty. For these individuals and families, car ownership plays a positive role in acquiring employment, raising income and participating more fully in family and community life. (more…)