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> Modern Greece is an economic cripple from public sector benefits for example, as are all US cities. What do you mean by this statement in regards to US citie
by bluejekyll 7y ago
> Modern Greece is an economic cripple from public sector benefits for example, as are all US cities.
What do you mean by this statement in regards to US cities? the Cities in the US are generally our economic growth centers, and represent a substantial amount of economic vitality.
Comparing them to modern Greece is really bizarre.
- nradov 7y agoMany US city governments are in financially precarious situations due to underfunded pension obligations. If pension plan investment returns come in even slightly below projections then those cities will be forced to file bankruptcy.