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Going Broke –Taxes up, retirements slashed, governments in crisis: Ed Ring on California’s coming public pension apocalypse
Wednesday, May 18, 2016 9:02
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It’s Your Backyard Ventura County America’s already troubled public-employee pension funds will go broke in the next economic slowdown, creating the likelihood that millions of public employees will see their retirements slashed – even as state and local governments raise taxes dramatically and scramble to find new sources of cash. “It’ll be the worst financial crisis in nearly a century, […]
Source: http://citizensjournal.us/taxes-up-retirements-slashed-governments-in-crisis-ed-ring-on-californias-coming-public-pension-apocalypse-going-broke2/
