notmandatory on Nostr: The US federal gov isn't the only one that's made big financial promises it can't ...
The US federal gov isn't the only one that's made big financial promises it can't keep. If you are thinking about where to put down roots plan accordingly:
"Across all 50 states, there was a collective $6.96 trillion in liabilities for public pensions that were unfunded, meaning the cost disbursed in pensions was higher than the amount collected, averaging almost $21,000 in unfunded liabilities per person, according to ALEC’s Unaccountable and Unaffordable report. California, Hawaii, Illinois and Alaska all exceeded $35,000 in liabilities per capita, while Tennessee and Indiana were the only states below $10,000 per capita."
https://dailycaller.com/2023/09/20/pension-funding-failure-poses-serious-risk-states/
"Across all 50 states, there was a collective $6.96 trillion in liabilities for public pensions that were unfunded, meaning the cost disbursed in pensions was higher than the amount collected, averaging almost $21,000 in unfunded liabilities per person, according to ALEC’s Unaccountable and Unaffordable report. California, Hawaii, Illinois and Alaska all exceeded $35,000 in liabilities per capita, while Tennessee and Indiana were the only states below $10,000 per capita."
https://dailycaller.com/2023/09/20/pension-funding-failure-poses-serious-risk-states/