San Francisco/California

What’s wrong with California?

Take a look at this.

Some think of it as a storm out at sea, gathering gale force as it heads for shore. Others say it is merely a giant wave, demanding great effort to ride out, but survivable in the end.

Whatever the choice of metaphor, many agree that the budgetary bite of steeply rising pension costs for public employees will for some time to come erode spending for public services and programs typically provided by cities, law enforcement agencies and fire districts.

Those costs are soaring at a time when revenue for government agencies is falling — and when pension benefits in the private sector are declining or disappearing.

I certainly appreciate the dedication of municipal and state employees. But I really don’t appreciate their hand on my wallet to this extent — which is so far out of line with what’s happening in the private, non-public sector.

This site uses Akismet to reduce spam. Learn how your comment data is processed.