Oregon lawmakers can’t raise taxes fast enough to keep up with an entitlement pension plan that dominates all other spending needs across the state.
The EU won’t be able to lead by example if other countries can see what the Green Deal is actually headed toward: economic ruin, job loss, and more unwanted government intrusion.
The cumulative debt for all public pension systems is at $5.599 trillion, or $46,884 per household. Most is for teachers, whose unions have for years resisted improvements for kids.
Some of the inevitable bills for lawmakers’ refusal to pay for their spending will show up much sooner than expected.
Citizens and local leaders should use the looming pension crisis in many states and cities to release local governments from centralized control.
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