“Paradoxically, unemployment insurance systems sometimes include requirements that discourage individuals from engaging in the kinds of activities that could help them eventually obtain productive employment," Adriana Kugler, Vice-Provost for Faculty and Professor at the McCourt School of Public Policy, on revising the current system of unemployment insurance.
The Illinois program may prove to be an appealing prototype. (First it will need approval by the Department of Labor and IRS.) Still, each state is crafting its own version. In Connecticut, the automatic IRA may be paid out as a lifetime annuity or in a lump sum. Indiana is looking at setting up a voluntary plan with a tax credit. “States are a great laboratory for experimentation,” says Kathleen Kennedy Townsend, founder of Georgetown University’s Center for Retirement Initiatives.
D.C. Health Benefit Exchange Authority Executive Director Mila Kofman said the law already has a natural cap. Creating an additional limit could threaten the exchange's ability to be certified as a state-based marketplace by the federal government.
Speaking at a panel last year, Anthony P. Carnevale, director of the Georgetown University Center on Education and the Workforce, described a growing disconnect between our education system and our economy. Citing the fervor after the 1983 “Nation at Risk” report to overhaul our schools, Carnevale said, “We made great progress on that. It has been a good thing. We are at the point where it may be too much of a good thing.”
Joan Alker, executive director of the Georgetown University Center for Children and Families, called the Indiana plan “enormously complicated” and questioned the fairness of withholding dental and vision coverage from those who cannot come up with premium payments.
Remember too that there is still a “public” in public-private partnerships. These projects and private involvement will happen only when and where a government wants them. Governments still specify the project’s service and safety standards and will usually hold final say over pricing.