Month: April 2018

Running On Empty

Public pensions and medical funds are delineating inevitable battle lines: governments versus taxpayers, the unproductive versus the productive, the aging versus the young. Public pension obligations are rising so fast that even repeated tax increases can’t keep up. If the stock and bond markets suffer multi-year declines, even modest declines, the pension war will move from skirmishes to open political combat.

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CHANGE LANGUAGE/CAMBIAR IDIOMA

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