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FY2026 Consensus Revenue Hearing – Forecasting of Revenues is Tricky Business

The next major event on the legislative calendar is the FY2026 Consensus Revenue Hearing on December 2.  At this forum, several experts make projections about how much money will be available for the fiscal year that begins on July 1, 2025.  Making projections several months in advance for a budget that extends 18 months out (fiscal year ends on June 30, 2026) is difficult.  Who can say what the economy will look like then with a new president, a tense global environment and an economy that has defied recession?  At the hearing, experts use data from credit agencies, the U.S. census and economic literature to make their best guesses.   This is a useful, if imprecise, exercise because it gets […]

CUNY’s Carl Rollyson on William Faulkner & Southern Literature

This week on The Learning Curve, co-hosts Alisha Searcy of DFER and U-Arkansas Prof. Albert Cheng interview Carl Rollyson, CUNY professor, and acclaimed biographer of William Faulkner. Prof. Rollyson offers an in-depth exploration of Faulkner’s life, work, and enduring legacy.

Pioneer Institute Study Finds Massachusetts Saw Four-Fold Loss of Income to Net Outmigration

Net loss accelerated in recent years; main reasons include high taxes, housing and healthcare 

Massachusetts Job Market Bears Watching

The Bureau of Labor Statistics’ most recent national jobs report made headlines because it indicated the US economy added just 12,000 jobs in October, falling far short of the expected 112,500-job gain. While the number is preliminary and could be revised, it got me wondering about how the Massachusetts job outlook stacks up in comparison. The state’s economic growth hinges on its employment outlook because the state’s talented workforce tops the list of our competitive advantages, fueling past economic growth.  Massachusetts talent justifies our high average weekly wage, contributes to the wealth of the Commonwealth and is the backbone of our innovation economy.  Like federal data, recent state data show there may be some cracks in the armor. The following […]

NH Gov. Chris Sununu on School Choice

This week on The Learning Curve, co-hosts Alisha Searcy of DFER and U-Arkansas Prof. Albert Cheng interview New Hampshire Governor Christopher Sununu. Gov. Sununu discusses his upbringing in a well-known political family and how the influence of his father, a former governor and White House chief of staff, and his brother, a former U.S. senator, has shaped his public service.