Government Employee Unions Bankrupting California

A new study by a group of Stanford University graduate students, the shortfall facing California’s public pension systems could reach more than half a trillion dollars over the next decade and a half.  Government employee unions are amongst the most powerful in the state and have driven the benefits for workers well beyond what the state can afford.  The iron grip of power has prompted upstart Democratic candidate for Senate Mickey Kaus to say “I’ve been arguing that Obama’s national Democratic party is less beholden to the unions than our state Democratic party. That’s true…”