Saturday, July 16, 2011

California unfunded debt is 500 billion dollars , that's approx $15,000 for every man woman and child?

How can calif not go bankrupt? Mostly it is for state worker retirements thats not funded. The poor won't and can't pay so that leaves the rich and middle class to pay which almost doubles the debt. You tell me , How does liberalism work? remember , calif is one of the most taxed states in the nation already

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