Detroit’s City Pensioners Are Wiped Out.
Written by Gary North on July 19, 2013
It looked so easy. Go to work for the city. Get paid above-market wages. Get a pension. Get health care covered. It was Fat City. It’s Thin City today. The city has officially gone belly-up. It has filed for bankruptcy. The city was in debt to the pensioners for $3 billion. What about health care […]
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