Cities are broke, Taxpayers are broke, Public union workers do not care

Reality: Cities are broke; Taxpayers are broke; Public union workers don't care to understand the above two points (source infra)

Mish's Global Economic Trend Analysis: Two Choices to Deal With "Collective Theft": "I am sick of watching taxes go up year in and year out so that overpaid, underworked, public union workers can get taxpayer sponsored pensions and pay well beyond what private industry gets. That sounds harsh. And it is. But it's also reality....(read more at the link above)

Public Unions Bankrupt Illinois: Unpaid Bills Top $9 Billion as Comptroller Reports "State Treading Water"; Mish's Eight-Point "Bold" Plan to Save Illinois

Mish's Eight-Point "Bold" Plan to Save Illinois
Read more at http://globaleconomicanalysis.blogspot.com/2013/12/two-choices-to-deal-with-collective.html#DmBLQq0FwtvS14xC.99

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