Archive: Josh Hurwitz
The brief’s key findings are: Detroit’s bankruptcy and Chicago’s fiscal problems have led some to question whether cities nationwide are in trouble and if pensions are the reason. But a search for cities identified by the media as financially troubled found only a small number overall, with about one-third located in California. And, among t…
The brief’s key findings are: Media stories suggest – especially since the bankruptcy of Detroit – that pensions are the major expense of American cities and could lead to widespread collapse. A comprehensive measure of the cost burden considers how much city taxpayers pay for the pensions of city and county general government workers and teachers. For…
