Why do tickets to popular Broadway shows command premium prices, while movie theaters charge the same price for popular films as for clunkers? Things in high demand generally command higher prices, so why not blockbuster films?
As we contemplate the possibly bright future of pre-K laid out in Obama’s state of the union address this year, in which the feds work together “with states to make high-quality preschool available to every single child in America,” along comes a sobering glimpse of what public preschool looks like now. It’s not quite as rosy.
In this, the fifth year of a prolonged downturn triggered by a financial crash, the prevailing view is that we all must pay for yesterday’s excess. This case is made in both economic and moral terms. Nations and households ran up unsustainable debts; these obligations must be honored — to satisfy creditors, restore market confidence, deter future recklessness and compel people and nations to live within their means.
The shocking allegations against four more elected officials in New York are depressing — but they provide an opportunity for bold action by our state leaders. Gov. Cuomo has proposed a new, comprehensive campaign finance law, including the creation of a voluntary, small-donor public financing system and an independent enforcement unit.
As New York policymakers, led by Gov. Andrew Cuomo, consider a comprehensive package of campaign finance reform, they should look at Connecticut to see just how much a strong small-donor public financing program can improve the legislative process and relieve lawmakers of the burdens of high-donor, special-interest fundraising.
As some New York state lawmakers consider publicly financed campaigns to thwart public corruption in state politics, a liberal-leaning public policy think tank has released a report showing how a voluntary public financing system in Connecticut has contributed to a more "representative and responsive" Legislature there since its implementation in 2008.
* The drumbeat for public financing pounded loudly on Monday when good government groups and Connecticut Secretary of State Denise Merrill visited the Capitol to make the case for campaign finance reform. Republican lawmakers have argued that public financing has not stopped elected officials from abusing the system, but good government leaders believe that it improves the legislative process by reducing the dependency on fund-raising.