Sunday, October 23, 2011

PrairiePundit: How liberalism ruined Rhode Island

PrairiePundit: How liberalism ruined Rhode Island:
Rhode Island is a state dominated by liberals. The corrupt bargain between mainly Democrats and the public employee unions has finally run its course. Over promising in return for campaign contributions and union support at the polls has proved to be an illusory promise. It is not like the unfunded pension liability has been a secret. It has been part of the accounting for political subdivisions for decades. Rhode Island and other political subdivisions who have ignored the problem are now faced with dealing with it and people who have planned their lives around those pensions are going to have to make new plans to deal with less money.