Quote:
Originally Posted by cal828
http://www.pewstates.org/research/re...ap-85899371867 Here is some interesting reading on state pensions. The people that did this report claim to be non-partisan and pension problems seem to be a problem for all except a handful of states, no matter which party dominates the state legislature.
|
That link is not working.
Pensions can potentially be a problem anywhere if they get out of hand. And they are obviously a lot more likely to get out of hand in a place where you have legislators that aren't going to say "no" to their constituents.
There is certainly a difference between places that have a tight budget compared to places that are going bankrupt. I'd love to see which parties dominate the governments of the places that are actually bankrupt due to the pensions. By the way, I'm not saying that pensions are the only reason cities go bankrupt. There can be other reasons too. But in California I think pensions are one of the biggest problems as the article about San Bernadino showed.