Friday, February 26, 2010

Pension Rhetoric vs. Pension Reality

Pension Rhetoric vs. Pension Reality
"As California’s public employee retirement system teeters on the verge of complete financial collapse, defenders of the current system continue to deny this, often accusing reformers of being “public servant bashers.”
But politically motivated rhetoric will not change financial reality – or the pursuit of reforms so private workers don’t endure punitive taxation to sustain a privileged class of government employees."

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