SassyIrishLass
Diamond Member
- Mar 31, 2009
- 97,473
- 75,820
- 3,605
The beauty of Accounting Rules is that you can fudge the numbers in countless ways.How long has that deficit been around?California has debts of nearly 450 BILLION in unfunded pension debt...it's their ticking time bomb
Which party defined the pension system that caused it to occur?
No idea personally I could care less about California. Regardless the debt is there and posting an "11 billion dollar surplus" is comical
Agreed but in the end if the money is owed and it's an unfunded debt you're pretty much fucked