To: MichCapCon
“5. $5.7 billion Thats the how much Detroit cut employees’ other post-employment benefits (OPEB). “
Now I’m curious as to what the remainder is in that category.
I was surprised to see that this OPEB category exceeded the pension category. The OPEB cut is larger than the entire pension liability, before the cut.
2 posted on
07/27/2016 5:22:21 AM PDT by
fruser1
To: MichCapCon
And who and what party governs these cities? The patients have to heal themselves and the remedies will be painful. Children need to be taught that you can't sustain spending more than your income. Simple, isn't it! However, how else will politicians be able to buy votes without bankrupting their cities, states, and nation? God Bless America
3 posted on
07/27/2016 5:26:23 AM PDT by
RAY
(God Bless the USA)
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