State Pension Reform

I was sorry to see the Governator drop his current effort at state employee pension reform although the issue certainly hasn't been dropped entirely and may come back as a ballot issue next year. Probably just as well, though, as there were some differences of opinion as to just how far his reform would go. That did need to be cleared up. One thing for certain: Arnold now sees just how hard it is to reform a state controlled pretty much by government employee unions.

If you haven't heard the details of the problems with state government pensions (and this applies to many of our local government employees as well), check out this commentary in the Orange County Register.