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Archive for January 20th, 2016

Ruling Class Reactionaries Set Back Pension Reform

Wednesday January 20th, 2016   •   Posted by K. Lloyd Billingsley at 11:00am PST   •   0 Comments

A major statewide pension reform measure will not, as expected, be on the 2016 ballot. That is bad news for California’s working taxpayers. As Lawrence McQuillan notes, California accounts for $550 billion to $750 billion of the nation’s total unfunded pension liabilities. In his research for California Dreaming: Lessons on How to Resolve America’s…
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