Originally posted in a LVRJ Forum
BIG government creates big fiscal problems -- especially with future liabilities.
It's bad enough when a fiduciarily responsible government sets aside ever increasing amounts to cover future pension obligations ("pay as you go"). It's a *crime* for the scheming politicians to push those obligations into the future ("unfunded liabilities"). That's a ticking time bomb!
It's time for taxpayers who work in the private sector to *demand* that PERS be abolished. I would even favor Nevada not paying one additional cent to *current* PERS beneficiaries. There's no ethical issue. Those people have used their political influence to rob taxpayers for *decades*. It's no different than telling a thug: "Don't shoot. I'll give you $10,000!". You evade him. He sues. What jury would hold you to it?
If we had small government in this state, the budget for the biennium could be as low as $160M (down from the $6.9B the Republicrats enacted last June). No more state pensions. No more IEDs!
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