The pensions were not a problem until the bubble(s) burst. The problem is 100% attributable to the Federal Reserve and the financial industry.
Education is a huge part of California’s budget, but the one of the biggest reasons (if not THE reason) for the growth in the education budget is illegal immigration. Would you advocate eliminating the education benefits for illegal immigrants and their children? It’s one thing to say, “education costs are too high,” and another to actually be willing to address the causes. Realize that a good portion of the pension problem would disappear if we eliminated benefits for illegal immigrants, as there would be massive layoffs in the public sector, and those employees wouldn’t be entitled to the maximum benefits (or any pension benefits at all, if they aren’t vested).
Are you willing to address the cause of our budget problems?
