Sunday, June 13, 2010

Pension Plans Go Broke as Public Payrolls Expand

Pension Plans Go Broke as Public Payrolls Expand: Joe Mysak - Bloomberg.com
ven states will run out of money to pay public pensions by 2020.
That hasn’t stopped them from hiring new employees."

That's because the politicians think we will simply accept more tax increases.

Will we?

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