The usual States
continue their death spiral by hanging on to their government employee defined
benefit pension plans. These plans are failing in the Blue States and need to
be terminated and replaced by 401k-type plans with no unfunded liabilities.
California and Illinois are first in line.
It may take a few
States declaring bankruptcy to wake up the rest.
Norb Leahy, Dunwoody
GA Tea Party Leader
No comments:
Post a Comment