4um: Suburban Residents Risk Losing Homes Over Rising Pension Costs

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Title: Suburban Residents Risk Losing Homes Over Rising Pension Costs
Source: [None]
URL Source: https://www.zerohedge.com/political ... then-issues-massive-correction
Published: Sep 4, 2021
Author: Tyler Durden
Post Date: 2021-09-04 13:41:44 by Horse
Keywords: None
Views: 95
Comments: 4

Because the cost of generous government retirement packages has grown faster than existing government revenues can sustain, property taxes continue to climb.
Poster Comment:
Twelve years ago a fire dept lieutenant's retirement in Vallejo, Ca. pay was $215,000 a year. More today.
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#1. To: Horse (#0)
Because the cost of generous government retirement packages has grown faster than existing government revenues can sustain, property taxes continue to climb.

That is too facile and stupid for words.

Lod posted on 2021-09-04 14:59:09 ET Reply Untrace Trace Private Reply
#4. To: Lod, Horse, BTP Holdings (#1)
I'd be a billionaire if I got paid 1% of what I saved my company by fixing government stupidity.

Dakmar posted on 2021-09-04 19:55:54 ET Reply Untrace Trace Private Reply
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