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Public Pensions: An Economic Time Bomb
Published 6 years, 4 months ago
Description
Who cares about public pension liability? Well, you should -- after all, it’s the reason entire cities and even states are facing bankruptcy. Joshua Rauh, professor of finance at Stanford and Senior Fellow at the Hoover Institution, paints a startling picture of just how broken the public pension system really is, and what will happen if we continue to ignore it.
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