by Max Brantley
Another good piece of reporting from McClatchy's Washington bureau:
WASHINGTON — From state legislatures to Congress to tea party rallies, a vocal backlash is rising against what are perceived as too-generous retirement benefits for state and local government workers. However, that widespread perception doesn't match reality.
A close look at state and local pension plans across the nation, and a comparison of them to those in the private sector, reveals a more complicated story. However, the short answer is that there's simply no evidence that state pensions are the current burden to public finances that their critics claim.
This reminds me:
|The Daily Show With Jon Stewart||Mon - Thurs 11p / 10c|
|Crisis in Dairyland - For Richer and Poorer|