Recently, this column exposed the foolishness of two proposed statewide bond measures: A $15 billion school bond, which will be on the March 3 ballot, as well as a “climate resiliency” bond. Both are horribly flawed for several reasons, not the least of which that it makes no sense for California to go further into … Continue reading Bonds are a risky way to deal with pension woes
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Bonds are a risky way to deal with pension woes
Recently, this column exposed the foolishness of two proposed statewide bond measures: A $15 billion school bond, which will be on the March 3 ballot, as well as a “climate resiliency” bond. Both are horribly flawed for several reasons, not the least of which that it makes no sense for California to go further into … Continue reading Bonds are a risky way to deal with pension woes