Tag: pension benefits
Oakland City Employees Make Big Bank

In February 2019, Oakland was facing a two-year budget deficit of $43 million, with the city’s expenditures rising far faster than its revenues.

Post Office Has Boom Year, Loses More Money Than Ever

Privatization looks to be the only viable option.

Democrats and Republicans to Blame for Public Pension Crisis

I’ve appeared on more than 70 television and radio talk shows coast-to-coast in the past three months to discuss my new book California Dreaming: Lessons on How to Resolve America’s Public Pension Crisis. One common question has been: “Aren’t Democrats responsible for creating the unfunded public pension debt by over-promising pension benefits?” My answer,...
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