by Wyoming Liberty Group Staff As a political economist I am the first to admit that the final word on any policy reform goes to facts and impartial analysis. There are many times when I have recommended against reforms even though they were ideologically desirable, simply because the economic and fiscal aspects of the reform did not work out right...

by Wyoming Liberty Group Staff The State of Arizona has an ESA program (Empowerment Scholarship Account) that is often discussed in the national debate over education choice. What would an ESA program look like in Wyoming? Main finding: A Wyoming version of the Arizona ESA, with universal eligibility for the K-12 student population in the state, co...

by Wyoming Liberty Group Staff With the reported change in personal income in Wyoming, from work-based to equity-based and sourced from entitlements, it is valid to ask what the implications are for consumer spending. Main finding: Consumer spending is relatively weak. Basic necessities, including insurance take up a larger share of consumer spendi...

by Wyoming Liberty Group Staff Imagine someone walking into a hotel in New York saying "the same hotel room would only cost $80 in Wyoming, so you should only charge me $80 for this $250 room". Absurd? Of course it is. The cost of doing business varies from state to state, even from county to county. Taxes vary, market wages vary, the regulatory bu...

by Wyoming Liberty Group Staff A month from now the Bureau of Economic Analysis releases 2018 consumer-spending data for the states. In two parts, this Report will give an update on the recent history of consumer spending and personal income in Wyoming, compared to other states. This the first part examines personal income. Main finding: Persistent...

by Wyoming Liberty Group Staff With reference to the recent job losses in Wyoming coal mines, this Report presents a review of employment trends in the private sector since 1990. Main findings: 1) Job growth today is low by historic comparison. 2) In terms of employment, our economy is more diversified now than it was three decades ago. News storie...

by Wyoming Liberty Group Staff Government spending in Wyoming is under scrutiny, in part because of proposals to raise taxes as an alternative to spending cuts. This Report examines three spending areas with reference to government charges, calculating the net spending by those areas. Main finding: Because of the net balance between spending on the...

by Wyoming Liberty Group Staff It is sometimes suggested that Wyoming needs more government spending per capita because we are a rural state. As recently as on July 21, the Casper Star Tribune suggested as much: According to a 2018 analysis by USA Today, state and local government spending per capita in Wyoming is the second-highest in the nation, ...

by Wyoming Liberty Group Staff The last Weekly Economic Report explained that there had been no visible effect on government spending in Colorado since the introduction of TABOR. This Report looks at the revenue side of the budget. Main finding: The introduction of TABOR has had a limited but statistically visible effect on state revenue in line wi...

by Wyoming Liberty Group Staff Some citizens who have corresponded the Revenue Committee in opposition to tax hikes have been asked for input on where the state can make budget cuts. This is a welcome question, one that legislators have asked before. Before I respond to this request, I would like to point out that there is not exactly a vacuum wher...