Our fine City of Cincinnati, like many hamlets throughout the country has a steadily growing unfunded pension liability problem. City Council has a fiduciary responsibility to oversee and provide adequate annual contributions to ensure long-term pension solvency. Unfortunately, like Detroit, and other cities with pandering officials, wish list projects get financial priority over not only …
Tag: Cincinnati
Permanent link to this article: https://ourtp.org/2013/08/13/ruling-by-referendum-is-a-double-edged-sword/
Aug 04 2013
Troubled US Cities Await Outcome of Detroit Bailout
Notice Cincinnati waiting in the shadows. A Detroit bailout could set a dangerous precedent and lead to further irresponsible fiscal decisions throughout the country. Some argue the political and fiscal decisions leading to Detroit’s bankruptcy serve as a “What NOT to do” guide. Cincinnati should learn from this instead of following blindly behind. Big government …
Permanent link to this article: https://ourtp.org/2013/08/04/troubled-us-cities-await-outcome-of-detroit-bailout/
Jul 22 2013
Cincinnati City Council has a Responsibility Deficit
Cincinnati has never had a greater need for competent leadership on City Council than during these difficult financial times. The city is at a crossroads that can lead to economic vitality or long-term financial decline and hardship for those businesses and residents that remain. For decades, Cincinnati has chosen to follow bad examples set by …
Permanent link to this article: https://ourtp.org/2013/07/22/cincinnati-city-council-has-a-responsibility-deficit/