U.S., CA Debt Explained in 3 min.
The following 3 minute video explains what’s wrong with government debt. It specifically concerns the federal debt of $15.2 trillion (the number has gone up since the video).
But it also applies to California’s $500 billion debt for government-worker pensions.
Where’s all that money going to come from?
Jan. 7, 2012
No commentsWrite a comment
Jan. 20, 2013 By Chris Reed So CalPERS is found to allow ridiculous, outrageous double-dipping by salaried employees that boosts
Back in 1996, I remember writing editorials in the Orange County Register against Disney grabbing $30 million from Anaheim taxpayers to
Feb. 28, 2013 By John Seiler Two venerable old conservative print journals have died in recent days. Policy Review has