Word: costs
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...many city managers, it's easier to justify tacking a few fresh dollars onto locals' real estate tax bills than to try and slash the padding on a fireman's health insurance plan. City workers may pay 10% to 20% of a health plan's cost, compared with 30% in the private sector, but you win few local fans when you boost the burden on a teacher or policeman to prettify the municipal bottom line...
...Massachusetts, for example, many local government employees enjoy benefit plans that have long since been phased out for private employees, who have seen plan standards tighten consistently in recent years. Increasingly, private sector employees across the country end up in euphemistically dubbed "consumer-directed health plans" which typically cost companies less because of higher deductibles and more restrictive care options...
...There are a number of things the government can do to help Citigroup stay afloat. Perhaps the lowest cost solution would be for the government to guarantee some or all of Citi's debts. That would entail no initial outlay of funds. And with many analysts saying that Citi's books are fundamentally sound, this could be the way to go. With a guarantee Citi would not be forced to sell its assets at a discount, if any of the bank's creditors or trading partners want their money back. That would save Citi from having to write down...
Cheap Flights to NYC. The budget airline Southwest - which prides itself on being the last no-fee airline - will soon bring its cheap and cheerful service to New York City's La Guardia Airport. Combine the rock-bottom flight with a low-cost stay at The Jane hotel, and a trip to New York City may be in reach for even a recession-era budget. (See 10 things to do in New York...
Bankers Holiday. United is adding daily nonstop flights from Washington's Dulles airport to the international banking capital of Geneva. If purchased by Dec. 3, for service after April 19, 2009, seats on the 6 p.m. flight Monday through Thursday cost $449; the same flight is $469 Friday through Sunday...