Wednesday, February 26, 2014

We're Only #2? We Can Do Better Than That.

I noticed that the governor was congratulating himself yesterday on some episode of distasteful name-calling among politicians.  Ah, the secular world.  However, those of us who raise funds for non-profits know how state spending can effect charitable giving and Connecticut's position on the chart found here is causing some alarm.  Pension liabilities account for 187% of annual state revenue? Good Lord.

An over-generous and under-funded public pension in a state with a shrinking and aging population does not make a formula for success.