This week, I wrote an editorial for the Wall Street Journal about a problem that California has been sweeping under the rug for years. It is about the unfunded retirement promises for government employees - that is what I want to talk to you about today. See, this is a major, major problem and is a huge challenge for our state. I know that some critics have accused me now of bullying state employees when I call for an end to the runaway spending on retirement benefits which is, of course, a bunch of nonsense...
This week, I wrote an editorial for the Wall Street Journal about a problem that California has been sweeping under the rug for years. It is about the unfunded retirement promises for government employees - that is what I want to talk to you about today. See, this is a major, major problem and is a huge challenge for our state. I know that some critics have accused me now of bullying state employees when I call for an end to the runaway spending on retirement benefits which is, of course, a bunch of nonsense...