Pension Crisis a ‘Direct Consequence’ of Union Bosses’ ‘Enormous Political Power’

On December 2, 2016, in News Clips, by Stan Greer

In a commentary for the New York Post published late last week, American Enterprise Institute adjunct scholar Mike Lilley, tersely describes the horrendous fiscal crisis in which the Garden State finds itself: New Jersey has a severe pension crisis: Its unfunded pension liabilities are $95 billion. The state’s retiree health-care obligations add another $65 billion, for […]