The economic recovery is not much of a recovery at all. Last month, the U.S. Department of Commerce announced that real GDP for the second quarter was a less-than-robust 1.7 percent. If not for the energy sector — specifically the shale revolution bolstered by the massive success of fracking — those numbers would be dismal.
This country needs all the good economic news it can get. And it sure won’t come from stories about public employee pensions, which are in far worse shape than anyone realizes.
Who should get more leeway when writing laws: the Legislature, acting as representatives of the people, or the groups who write and circulate initiatives, which are ultimately voted upon by the people themselves?
