[outpostinmass2]

These writers are delusional. Almost every city in America has a government pension time bomb ticking down. Yes, Detroit has suffered abandonment by manufacturers but so has every city. It is the governments that refused to change and adapt. Not only that, those governments were elected by the government unions who campaigned, voted and financed their elections. Boston suffered race riots, had burned out abandoned sections of the city and huge manufacturing losses as well. I grew up in Boston and trust me, Boston of the 70’s is long gone. The government did not rebuild Boston, the people did. Boston's government pension system is in about the same shape as Detroit's. We will even add a casino just like Detroit did. No, we don't have abandoned factories rusting out like we use to but our city government looks the same as theirs. Those unions voted for those elected officials, they created their own mess.

[TurboZamboni]

The First 10 City Pensions That Will Run Out Of Money

#10 Fort Worth...Unfunded liability: $2 billion Unfunded liability per household: $7,212 Solvency horizon: 2023
#9 Detroit...(already Obamasized)

#8 Baltimore...Unfunded liability: $3.7 billion Unfunded liability per household: $15,420 Solvency horizon: 2022

#7 New York City...Unfunded liability: $122.2 billion Unfunded liability per household: $38,886 Solvency horizon: 2021

#6 Jacksonville...Unfunded liability: $4 billion Unfunded liability per household: $12,994 Solvency horizon: 2020

#5 St. Paul...Unfunded liability: $1.4 billion Unfunded liability per household: $13,686 Solvency horizon: 2020

#4 Cincinnati...Unfunded liability: $2 billion Unfunded liability per household: $15,681 Solvency horizon: 2020

#3 Boston...Unfunded liability: $7.5 billion Unfunded liability per household: $30,901 Solvency horizon: 2019

#2 Chicago...Unfunded liability: $44.8 billion Unfunded liability per household: $41,966 Solvency horizon: 2019

#1 Philadelphia..Unfunded liability: $9 billion Unfunded liability per household: $16,690 Solvency horizon: 2015

http://www.businessinsider.com/first-city-pensions-insolvent-2010-12?slop=1#slideshow-start