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Strategies & Market Trends : Fundamental Value Investing

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To: bruwin who wrote (4448)5/31/2020 10:04:49 AM
From: E_K_S  Read Replies (2) of 4719
 
Maybe people will wake up. I found it interesting how many government jobs are/were called essential during this pandemic. Until we recognize the size & scope of our government (local, County, State & Fed), it will not get smaller.

State unfunded pension liabilities are huge especially in California. The number of California retirees collecting a public pension of $100,000 or more hit an all-time high of 79,235 last year, up 85 percent since 2013.

2016 All State Government Workforce

For All State 56% of population works for STATE, now add Fed, City & County.
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