If It Can Happen in San Diego…
That Governor O’Malley and Maryland’s one-party Democratic rulers are hell bent on turning the Free State into the fiscal and economic train wreck that is California is a given.
However, here is one instance where we actually should be looking toward California for ideas:
San Diego’s comprehensive reform of public sector pensions.
The current liability for Maryland’s public sector employee pension and OPEB benefits is $34 billon, and the system could run out of money in a little over a decade.
But that would mean a critical mass of Democrats willing to stand up to the powerful public sector unions who bought them.