Lifelong Democrat and Rhode Island's State Treasurer Slays State Pension Dragon - Galt's Gulch

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Lifelong Democrat and Rhode Island's State Treasurer Slays State Pension Dragon

Posted by khalling 12 years ago to Government

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Raimondo’s pension solution ranks as the most radical in recent North American history. “Sugar coating only hurts people,” Raimondo said. “This problem won’t go away until you fix it. The longer you wait, the harder it will be to fix.”

SOURCE URL: http://www.theglobeandmail.com/report-on-business/how-the-rhode-island-treasurer-slayed-her-state-pension-dragon/article15225383/

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Posted by ObjectiveAnalyst 12 years ago

Fiscal responsibility... financial literacy... lifelong democrat... what is the world coming to? sanity...
Good for her! Good for Rhode Island!

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  Posted by khalling 12 years ago
  
  I kinda worry that it is a puff piece and parts are excerpts from a book-is it a set-up for her to run for higher office? Because when Christie came on the stage, I remember rooting for him big time too over taking on the teachers union
  
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    Posted by ObjectiveAnalyst 12 years ago
    
    Those who are not corrupted by the political machine eventually tire and retire... In the mean, occasionally they accomplish something meaningful...
    
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Posted by richrobinson 12 years ago

This is amazing. I was shocked she got her plan thru in one piece. I hope other states take notice.

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  Posted by khalling 12 years ago
  
  it was quite compelling and she's a heroine. where I live, alot of Canadians winter (note the article is a canadian one). they are watching the Obamacare debacle with great interest. The word I hear most is "reckless."
  
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    Posted by richrobinson 12 years ago
    
    Embarrassing also comes to mind. The pension issue is huge. I remember reading a while back that a good chunk of the stimulus went to shoring up these state pensions. It grinds me to hear the government workers say they earned those pensions. They were sweetheart deals that are no longer affordable.
    
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      Posted by khalling 12 years ago
      
      yea, I "earned" my santa wish list
      
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