Bankrupt States

The Price Of Big Government

No one is going to argue that teachers, firefighters, and policemen deserve better wages and benefits considering the crucial work they do.  Most would argue though that "other public sector employees" probably should not be growing at an alarming rate when one looks at the numbers facing the states. From FT: US states face $1,000bn retirement gap By Nicole Bullock in New York Published: February 18 2010 05:02 | Last updated: February 18 2010 05:02 US states face a funding gap of at least $1,000bn for the retirement benefits they have promised teachers, firefighters and other public sector employees, threatening…
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