> That's what actuarial science is founded on. Oh, you mean "that branch of science that everyone ignores because it's politically unpalatable?" "Gee, we prom

> That's what actuarial science is founded on. Oh, you mean "that branch of science that everyone ignores because it's politically unpalatable?" "Gee, we promised the moon for our pension obligations and funded them at an absurdly low level, and now we're bankrupt? I don't know how this could have happened!" ~ Municipal governments