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California is the worst run state in the nation[1] largely due to its politically dominant public sector unions[2][3] and the resulting massive pension deficit[
by jacoblyles 14y ago
California is the worst run state in the nation[1] largely due to its politically dominant public sector unions[2][3] and the resulting massive pension deficit[4] that result from the state funding lavish pensions at early ages for its public sector union members. The state's liberal ideology exacerbates the problem - the Republican Party is small and weak, so there is no real political opposition to the one-party state.
[1]http://finance.yahoo.com/news/the-best-and-worst-run-states-in-america-150415625.html http://finance.yahoo.com/news/the-best-and-worst-run-states-...
[2]http://www.city-journal.org/2010/20_2_california-unions.html http://www.city-journal.org/2010/20_2_california-unions.html
[3]http://www.city-journal.org/2012/22_2_california-teachers-association.html http://www.city-journal.org/2012/22_2_california-teachers-as...
[4]http://money.usnews.com/money/blogs/the-best-life/2012/11/08/5-trillion-price-tag-for-public-pensions http://money.usnews.com/money/blogs/the-best-life/2012/11/08...