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California is facing potentially catastrophic future problems from unfunded pension liabilities [1]. And ridiculous numbers of blue-collar state positions get s
by ryanwaggoner 16y ago
California is facing potentially catastrophic future problems from unfunded pension liabilities [1]. And ridiculous numbers of blue-collar state positions get six figure salaries and the generous pensions that go with them. It would be nice if we could do that, but the math just doesn't work, which is why California's problems are only going to get worse unless drastic action is taken. And it won't be until things get really bad.
1. http://articles.latimes.com/2010/apr/06/opinion/la-oe-crane6-2010apr06 http://articles.latimes.com/2010/apr/06/opinion/la-oe-crane6...
- borism 16y agodid you notice the /opinion/ part in the url you provide? please do not submit someone's opinion as a fact.