Dallas run by Democrats. No surprise here.
One of the major problems was right there in the article. Californian companies are moving to Texas’ major cities and in turn bringing and luring their liberal employees with them. This has turned four major cities in Texas (Austin, Dallas, San Antonio, and Houston) into liberal cesspools.
Ironic? You mean predictable.
And it's not just cops and firefighters who are getting these lucrative pensions. It's anyone who works for government.
Its simple. They need to change the pensions first, or they get no help. No reason at all to help them if they aren’t going to fix it first. Pensions in general are all time bombs. They should all be wiped out. If an employer wants to provide something, they can put money into a private annuity for the employees. Those are priced correctly almost all the time.
Famous last words from a Texas Legislator:
“Some of the benefits guaranteed, were probably never realistic. It was good while it lasted. We’ve got some serious financial problems.”
“The trouble with Socialism is that eventually you run out of other people’s money.”