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re: The Top Four Reasons California Is Unsustainable (Forbes magazine)
Posted on 6/20/19 at 7:38 pm to L.A.
Posted on 6/20/19 at 7:38 pm to L.A.
quote:
there is over $1 trillion in pension liability alone, or $76,884 per household. Incredibly, there are 4 million current pension beneficiaries, a number that continues to grow and which exceeds the total population of 22 states.
This happens when you have too many state workers.
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