Tag: public pensions

11.12.2009 08:30:48 Exorbitant pensions aren't good business

Gordon Webster Jr. While the debate has raged for quite some time, now more than ever, it's clear government should always be run like a business. All it takes is a nearly $28 million budget hole to make that apparent.  The City of Fresno is in dire straits as it faces $18.2 million in actual and projected lost revenue as well as an $8.6 million increase in expenses projected through 2011, mostly for retirement costs.  Tags: business sense | budget deficit | public pensions | City of Fresno Hits: 98 | Read more...