trillions benefits

News Noir (got Cynicism Deficit Disorder?)
You didn't get to read this story unless you were in a hotel yesterday ('cause it was in USA Today), but the newspaper totaled up the value of all the benefit promises that state and local gov'ts have made to their retirees but have no money for (and remember that, unlike the feds, these gov'ts can't just print more), and it's, um, about a trillion bucks. That's another trillion that's not part of any trillion you've been reading about lately. For example, Dover, N.H. (pop. 26,000) will see retiree health care costs "triple to $3 million annually in the next 10 years." USA Today
     Posted By: Chuck - Tue Feb 17, 2009
     Category:





Comments
when the state drops their healthcare due to short falls they will all drop dead, problem solved!
seriously though, when government starts shirking their financial obligations it will all fold like a house of cards. very frightening.
Posted by Patty in Ohio, USA on 02/17/09 at 08:04 PM
How important is New Hampshire, anyway?
Posted by KW in Dallas, TX on 02/17/09 at 08:51 PM
And what's so new about New Hampshire anyway?
Posted by DownCrisis on 02/18/09 at 04:27 AM
dover, same old hampshire...nope it just doesn't have that ring to it. :cheese:
Posted by Patty in Ohio, USA on 02/18/09 at 06:53 AM
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