A steaming pile of pension debt

posted by
February 12, 2012
Show-Me Institute
by Greg Aubuchon  
Posted in Commentary

"How many of you are making progress climbing out of your personal debt hole? The financial meltdown of 2008 should have taught us the lessons of excessive debt and living beyond our means. Yet even if we are now making progress in balancing our personal finances, have you considered other debts that lurk in the shadows? Such as public pension debt? If not, ask yourself how much pension debt we, the taxpaying citizens of Missouri, actually owe to state government retirees." (02/10/12)


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