Saturday, February 25, 2012

Video: Understanding the Public Pension Crisis

One of the many forms of public debt that threatens to overwhelm the United States are our public pension obligations. The video above is a good introduction to the problem. From the YouTube description:
Public pensions are facing a crisis:$6 Trillion in the red. 
Watch as Scott Beaulier from Troy University breaks down the situation with public pensions and explains why the current system of public pensions is unsustainable and needs reform.

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