In this subscriber’s opinion, the New York Times has done an admirable job of covering the financial crisis at every level of government —federal, state, county, municipal. Which in turn makes you why the paper of record is in the tank for President Obama and his big-spending policies, but that’s another story.
The common theme I’ve noticed in just about every story is unsustainable employee pensions. Now look who’s finding out their pension plan is unsustainable. And the employees are fit to be tied.
