Thoughts on economics, politics and international relations with the occasional rant about football(soccer) and life.
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Thursday, January 13, 2011
Why Public Sector Union Compensation Matters | e21 - Economic Policies for the 21st Century
An excellent analysis of the public sector pension mess. It should be obvious that promised benefits are unsustainable and are crowding out funding for necessary state expenditures, such as infrastructure and education. Worth a read!
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